Current accounting closings are too time consuming. Closings are too document dependent. Technology is not maximized. Many activities are being accomplished remotely. COVID-19 has amplified these conditions and made the closing process even more difficult. Companies must find a way to conduct closing activities with efficiency in terms of both time and accuracy.
This Webinar will outline ways to improve the closing process in a technology based environment. This webinar will cover:
• Establishing accounts payable as the core of all closing activity
• Re-Imagine a new normal with automated paperless accounts payable
• Empower employees with specific actions and responsibilities
• Employ technology to the maximum
• Establish data driven real time processes, activities & actions
• Ensure file & records integrity with defined points of authorization, approval , review & validation.
• Compare in-house processes to remote reality
• Purge process of in-house dependent events
