Closing the Gaps When Closing the Books For many organisations, closing the books at the end of a financial period remains a time- consuming, cumbersome and stressful process with late nights for staff and seemingly endless re-checking of information. In scaling organisations where there can be a lack of formal processes, changing structures and team structures with often poorly defined roles, the
process can be even more challenging. In addition, the pressure is intense from both the management team and investors to get an accurate view of performance data and aspects such as cash flow profitability and liabilities, all putting added stress on period close.
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