Posted by Janette Kosior
Many businesses feel the burden of elongated period-end closing and reporting cycles.
They are tedious and time-consuming, while distracting employees from other pressing tasks. Typically, as technology advances, businesses find more efficient methods of conquering the same tasks. Yet, puzzlingly, a benchmark research report entitled “Trends in Developing the Fast, Clean Close” discovered that businesses are spending more time on closing now than they were five years ago.