PROPHIX CPM Blog

How To Accelerate Your Year End Close

Published December 10, 2010 @ 11:21 by Vinita in Best Practices

Last year, did you spent months closing your year-end?

Were there lots of late nights consolidating data and reconciling statements?

Did it take days to try to find out why your books didn't balance?

Finance departments usually accept that month-end and year-end close are stressful times and employees are expected to work overtime hours for days or weeks at a time. In many cases, senior executives are required to 'watch over' the process because of the lack of standardized accounting processes across the entire organization.

Things don't always have to be this way! This year, find out what you can do to streamline your year-end process by downloading "A Faster Year End Close" White Paper. This free guide will help you shorten your cycle and ease the tedious audit process so that you can do it all faster, with less effort and fewer errors!

Why Is A Faster Close Important?
A faster close is a good indication of how well a company's financial systems and procedures are performing. In today's competitive market, the accounting function needs to improve existing processes and, at times, infrastructure to achieve greater efficiency and accuracy.

Not only that, a fast and effective closing saves time, money, resources and minimizes re-work. The time saved directly translates to time dedicated to performing value-added activities throughout the organization.

Download "A Faster Year-End Close" today and learn how to achieve greater efficiency and accuracy with your financial year-end close!

You (and your team) will appreciate the much-needed rest!


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