
For at least a couple of decades completing the financial close within five or six business days after the end of the period has been accepted as a best practice. As such, that creates an expectation that finance organizations that take longer should work to reduce their closing intervals. In updating our last benchmark research on the closing process, Ventana Research has found this not to be...
Read MoreTopics: Office of Finance, close, Consolidation, Controller, XBRL, Business Analytics, Financial Performance, Governance, Risk & Compliance (GRC), Information Management, CFO, Data, Document Management, Financial Performance Management