- February 21, 2013
- Mary Driscoll, Kyle Cheney, Norman Marks, and Elizabeth Milne
- Member: FREE
Research shows that the close is growing more strained at large, complex corporations. This presentation examines the causes for this and suggests ways to make the financial close process clearly defined, well-governed, and highly efficient. A tight focus is put on best practices that touch four areas: process, people, technology, and governance. Discussion hinges on how IT solutions in this space can reduce cost and error. Guest speakers also address the folly of treating IT as a cure-all.