It’s not about how competent your team is.

At year-end finance staff must pay attention to as many as half a dozen different applications and the risk exists for errors, especially when relying on custom-built or manual workarounds and software. And they are running between each team and translating their facts into figures.

It’s not about how competent your team is. It’s about the growing distance between systems and processes that they have to run between! And in fixing these the reward is not simply the final report delivered on time, but what doing that means – you’re winning!

If you can’t close on time you have gaps:

Gaps in your knowledge – data import, journal entries, multiple systems, reconciliation.

Gaps in your strategic planning – if you can’t look back, you can’t look forward.

Gaps in your performance –time, value, compliance, regulation, competitive advantage.

In a recent study by SL Associates, services companies reported a reduction in finance close time between 40% and 70% after switching to NetSuite’s cloud-based solution.*

*From QuickBooks to NetSuite Financials

Download the Free ebook

Close the gap on end of month financials

How NetSuite and the 'continuous close' could speed up your month end financials processes, and produce more accurate results.

We only share the best of the best content in accordance with our Privacy Policy. If it all gets a bit much, you can opt out at any time – because you have the power!!!
  1. Home
  3. Resources
  4. Close the gaps ebook