Financial Close Manager: A Pathway to Streamline and Accelerate Your Close Operations!
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Posted by Quest Customer Learning Team
- Last updated 7/16/23
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Presented at INNOVATE 2021
Session ID: 100240
Manual tracking of the close process using Excel and emails is one of the reasons companies still experience issues in their close process from an accuracy, transparency and comprehensiveness perspective.
By standardizing and embedding controls in close processes, organizations are able to eliminate labor-intensive, non-value adding activities and streamline decentralized and disjointed workflows that lengthen cycle time. Financial Close Manager module of FCCS is built for centralized, web-based management of period-end close activities across the extended close cycle. It helps to manage all close cycle tasks, including ledger close, data loading and mapping, financial consolidation, account reconciliation, tax, and reporting processes.
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