Are you and your team members spending hours reconciling high volume transaction driven accounts, building spreadsheets or home-grown solutions, as part of the financial close process?
Do you often wish you could automate the reconciliation of millions of transactions instead of manually ticking and tying elements? The good news: top performing organizations are now automating 75% of their critical reconciliations!
Almost half of Fortune 1000 companies still reconcile their data in Excel to manage compliance and mitigate risk, which leaves room for audit failure. To solve for this, World-Class companies look to Enterprise Performance Management (EPM) Cloud software solutions to create an account reconciliation strategy that streamlines the reconciliation process, focuses on critical accounts, reduces manual effort, and minimizes risk exposure.
Join experts from the Hackett Group as they discuss the benefits of a modern EPM solution with a demonstration of a high-volume transactional reconciliation, including how hundreds of organizations improve their financial close and reduce the number of days in their reconciliation process.
Session topics include:
• Financial Close and Reconciliation Process
• Time-line Assessment of an ARCS Implementation
• General Ledger to Bank Reconciliation Process (demo)
• The Journey to a World-Class Financial Close Strategy