For many organizations, reconciliation is the most challenging part of the financial close process.
Often, the process is rife with operational inefficiencies, a lack of visibility, and financial statement risk. Especially for those companies that use manual spreadsheet reconciliation, the reconciliation process requires significant time, relying on tedious workflows isolated in spreadsheets and disparate financial accounting systems.
By simplifying and improving reconciliation, today’s organizations can solve their overall challenges with financial closing. This guide details how CFOs can make the reconciliation process more accurate and efficient. This guide highlights:
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