White Papers

Transforming the Last Mile of Finance

What is the last mile of finance, and what makes it so difficult? Like the last mile of a marathon, the last mile of finance may be the toughest to complete. The last mile of finance is typically described as the activities that occur after closing the books and generating a trial balance. It involves capturing and consolidating financial data as well as adjusting entries, and complex consolidation. It can also include filing financial statements including 10-Ks, 10-Qs, and other regulatory filings.

This white paper examines best practices for improving the accuracy and timeliness of financial reporting while reducing the cost of compliance and freeing up finance to perform value-added analysis.