Financial Close Solutions
In a busy Finance function, the month end closing process is a recurring challenge. Many companies have multiple P&Ls, balance sheets and data sources, not to mention international structures that come with their own needs. Because of this, there never seems to be enough time to meet demanding deadlines, and that added pressure often affects accuracy. As if that is not enough, emerging regulatory requirements are making it even harder, with extra time being needed to create reports for compliance regimes such as Solvency II. Finance staff have to deal with the heavy workload of manual adjustments, which adds complexity to the task of supporting all stakeholders. Then there are further processes for the Quarter End, Half Year and Year End, all adding to the workload. So what can a stretched Finance Department do to resolve this? Accountagility’s Financial Close solution addresses all your period end and reporting needs. ORYX Close puts you back in control of the closing cycle.