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Hi Friend,
Rather than look at how fast you can close your books, how about focusing on how much value can be created as part of the financial close?
There is plenty of literature out there focusing on streamlining the financial close and achieving greater efficiency – the fast close. While it remains a common goal amongst the Finance and Accounting community, how would the approach differ if we changed the focus from how fast to how much value can be created as part of the financial close – the intelligent close?
Account Reconciliations remains an integral part of the financial close, primarily to provide confidence (reducing risk, stronger internal controls) in the financial information used to produce consolidated financial reports – mostly for statutory reporting purposes. Yet, many organizations still rely upon spreadsheets to complete this important task which is prone to keying error, requires iterative checks throughout the close, increases institutional knowledge risk, difficult to scale, cannot be readily leveraged for driving deeper analytics.
The goals of our webinar series “Unlock Value from Account Reconciliations” is to:- Identify where value can be unlocked from Account Reconciliations – creating the business case for changing status quo
- Show how technology can be better leveraged by Finance and Accounting to unlocking this value
- Take a closer look at technology in action (e.g., Oracle Account Reconciliation Cloud – OARCS, OneStream Account Reconciliation MarketPlace solution, Blackline Reconciliations, etc.)
Where: Virtual / Online
#ReinventFinance
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Looking forward to helping you build the case for change. My contact information can be found below.
Cheers, Alex
Alex C Leung, CPA, CA Managing Director
TGG (The Goal Getters) Empowering Finance through CPM & EPM Solutions
|T: 1.866.521.4625 ext. 7740|M: 416.727.4740
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Since 1991, TGG has helped organizations across North America maximize value from their Corporate and Enterprise Performance Management (EPM) solutions. We are Certified Partners to leading CPM & EPM solutions that have consistently delivered quality business solutions from streamlining end-to-end financial reporting, designing executive level analytics, to simplifying planning and budgeting cycles. Our operations continue to expand with offices in Toronto, Montreal, and Calgary to better serve our clients in Canada and the U.S.
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