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About Accelerating The Financial Close SAP
This document summarizes interviews with CFOs from various large multinational companies about accelerating their financial close processes. The CFOs discussed how moving to faster closes within days rather than weeks provides benefits like increased security, reduced errors, and improved risk management. They also noted how faster closes allow internal management reporting to be tied more closely to external financial reporting, enabling managers to react more quickly. While technology is important, the CFOs stressed that changing company culture and ensuring proper training is also critical to fully realizing the benefits of an accelerated close.
Detailed Information
| Author: | ['Jose Martin Castillo Patiño'] |
|---|---|
| Publication Year: | 2014 |
| Pages: | 19 |
| Language: | English |
| Format: | |
| Price: | FREE |
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