Five signs that your financial close process may be broken (and what you can do about it).
In many accounting and finance departments, the close process is treated like a cantankerous old car—if you know its secrets and handle it with kid gloves, it runs great. But introduce an unexpected element, or run into a pothole, and it begins to show its age. For many CFOs and other finance leaders, this isn’t news. They’ve tiptoed around the close process for years, careful not to break anything, and content simply to finish the process month after month—by any means necessary.
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