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The Impact of Robotic Process Automation on the Financial Close

White Paper Published By: Trintech EMEA ABM Pilot
Trintech EMEA ABM Pilot
Published:  Nov 03, 2017
Type:  White Paper
Length:  9 pages

In terms of reconciliations, we tend to spend most of our time simply gathering data before we can even begin to think about reconciling it. Once the data is finally in the right format, the majority of our time is then spent manually going through the matching process, rather than spending that time focused on the areas that are most critical to us, as can be seen in the diagram on the right.



Tags : 
account reconciliation, accounting automation, finance shared services, finance transformation program, finance transformation strategy, financial close, financial close process, reconciliation software, adjusting journal entries, recuing journal entries