The month-end close process is seen as chaotic, labor intensive, error-prone and stress-inducing for accountants and their managers, according to a new survey. The survey, by the close management ...

Added to that, the month-end close process demands significant administrative effort and strategic work, stretching limited resources between manual, low-value tasks and high-value activities.

An integral process of accounting, the month-end close is sometimes a challenge for organizations, often due to the high volume of work. Many companies are still using the manual status quo ...

Automation has helped improve the efficiency and accuracy of the month-end close, but finance departments still feel pressure to close the books faster. The struggles come from a process that is seen ...

Despite improvements in efficiency from modern accounting systems, the month-end close process still causes considerable stress. A recent survey by software provider FloQast reported that 88% of ...

As businesses expand, the adage goes that so does the complexity of reporting and the overall month-end close process. But what about smaller teams with just a few staff members for small businesses?