Remove Audit Remove Close Processes Remove Procedures
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The Silent Costs of a Traditional Financial Close (and Why It’s Time To Modernize)

FloQast

And solutions that are easy to implement help businesses mitigate the cost of traditional close processes and enhance performance. Automation can reduce the time to close by 26 % or more. This increases the time it takes to close and adds more pressure to workloads during this process. Take SOX as one example.

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Building on a Strong Foundation: How FloQast Compliance Management Supports A.K.A. Brands’ Compliance Function

FloQast

Let’s take a look at how FloQast helped the Director of SOX Compliance and Head of Internal Audit at a.k.a Brands , Brandon Peters, optimize processes, streamline compliance efforts, and boost efficiency. Revolutionizing Accounting Processes FloQast’s influence stretched beyond SOX compliance, positively impacting a.k.a

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A Complete Guide to BlackLine Account Reconciliation

Nanonets

Founded in 2001, BlackLine offers a comprehensive suite of solutions that empower organizations to automate traditionally manual and spreadsheet-intensive tasks, enhance accuracy, improve visibility, and optimize efficiency throughout the financial close process.  

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Exploring The Different Types of Reconciliation

EBizCharge

Regular reconciliation also makes the month-end and year-end closing processes smoother. Standardize procedures: Establish a standardized, documented reconciliation process with clear steps, timelines, and responsibilities. Training fosters consistency, accuracy, and efficiency within the reconciliation process.

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Master SOX Compliance: A Comprehensive Guide for 2023

FloQast

It was known as the Corporate and Auditing Accountability, Responsibility, and Transparency Act. It prohibits auditors from providing certain consulting services to their audit clients and requires a rotation of the lead audit partner every five years.

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Comprehensive Guide to Account Reconciliation

Nanonets

Automated Accounts Reconciliation software like Nanonets can cohesively consolidate all data sources on one platform, automate the matching logic across external data sources and general ledgers, effectively provide an audit trail, and keep the process transparent for the accounting team personnel involved.

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Simplifying Financial Processes with Automated Bank Reconciliations

FloQast

Key Steps in Implementing Automated Bank Reconciliation Step 1: Assess and Evaluate Your Current System Do a full audit of your current reconciliation processes and find the problem spots. Plus, monitoring the progress of your new procedures can help you gain insights to further optimize your reconciliations.