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Five Continual Pre-Closing Activities for a Stress-Free Year-End
Waiting until the last minute to start year-end closing can add to the already stressful process. By performing pre-close activities throughout the year, accounting teams can ensure a faster and easier cycle time and alleviate some of the year-end pressure. When performed throughout the…
4 Tips for a Faster and More Effective Budgeting Process
Completing the annual budget in a short time goes a long way in saving time and money across the organization. APQC finds that top performers (those at the 25th percentile) complete the annual budget in 28 days or less—nearly twice as quickly as organizations in the 75th percentile.Creating your…
Finance Data Management Is a Focus in 2023
Each year, APQC carries out survey research to explore the focus areas, key initiatives, and top challenges for the finance function. This year’s survey included 330 valid participants from diverse regions, industries, and organizational sizes. APQC found that the top three focus area for…