Fast-Tracking the Path to Financial Close Efficiency & Balance Sheet Integrity
New ways finance & accounting teams at visionary companies are achieving an automated close quicker than ever beforeWith each passing year, the pull of expectations beyond traditional transactional accounting, budgeting, and financial reporting is growing. This is overtaxing Accounting and Finance teams, largely because nearly half of their time is still spent on transactional activities.
Report Snap Shot
Tide in accounting trends is also turning, and Gartner forecasts that in less than four years, 60% of companies will deploy cloud-based applications to digitise accounting processes.