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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.
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 ...
By automating up to 90% of the month-end close process, ART helps companies do away with extensive spreadsheets, back-and-forth emailing, and manual distractions.
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 ...
Let’s take a closer look at how smaller teams can use automation to make the month-end close less of an ordeal. Streamlined Tracking, Recording And Disclosure Management ...
The month-end close process refers to a set of accounting processes to review, record and reconcile accounts. In order for this to happen each period, it’s required that information be collected ...