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Create a close checklist and schedule and adhere to it.
Implement an early reminder process to submit data needed
internally, e.g. expenses and timesheets.
Set up automated rules, approval workflows, and notifications.
Leverage memorized and recurring journal entry templates for
transactions that repeat each period.
Build reports that quickly identify exceptions and anomalies.
Leverage built-in collaboration to provide history and
communicate more efficiently.
Automate your consolidations, inter-company eliminations, and
allocations.
Integrate commonly used solutions to save manual imports and
exports and get real-time data.
Lock down your sub-ledgers and general ledger to avoid suprises
and use permissions to limit those who can make changes.
Build accrual reports that capture late transactions for the current
period and transactions awaiting approvals.
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