Benchmark Your Closing Time With Financial Fitness

 

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  • Type:
  • Published:
  • March 11, 2016
  • Author:
  • Michael Cappelli
  • Pages:
  • 4
  • Price:
  • Member: FREE

Bottom-performing organizations take three weeks longer to complete the annual close than top performers. Longer cycle times may mean inefficiency and more transactional processing at close time, which may result in less time for value-added activities.

This article contains financial close metrics and insights on how ineffective close processes can lead to longer cycle times.

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