Finance and accounting teams spend too much time on manual, repetitive tasks during month-end close, such as spreadsheet work, importing/exporting between systems, reconciliations, matching, variance investigation, and chasing people for information.

Workarounds Described

• manual spreadsheet work for reconciliations and matching
• manual importing and exporting between systems
• manually tracking down people for information

Implied Software Gaps

• Automated data integration and transformation between systems to eliminate manual imports/exports
• Intelligent reconciliation and matching engine to replace spreadsheet-based lookups
• Workflow for information requests with automated reminders to reduce manual follow-ups

CloseFlow Automation Suite

CloseFlow Automation Suite streamlines month-end close by automating data imports/exports between systems, providing smart reconciliation and matching, and facilitating requests for information with automated reminders. It replaces manual spreadsheet manipulation and reduces the time spent chasing variances and colleagues.