The period-end close is typically a fragmented and time-consuming process in most finance organizations. Data is typically held in disconnected systems, triggering unnecessary and lengthy delays while teams must wait to extract data from one system before uploading it to the next.The resulting lack of visibility means audit trails are frequently lost, reconciliation issues are increasingly common and data integrity is often compromised.
We think there’s a better way. SAP’s end-to-end continuous close process provides a single platform, eliminating all the problems and delays of fragmentation through a modern, integrated approach to financial close and continuous accounting.
In this webinar, we walk you through the steps involved in an end-to-end continuous close, from entity close through to corporate close and substantiation – and show you customer examples, benefits and efficiencies.