FloQast

MARCH 27, 2024

For a profession that digests a volume of data that many others might not think possible, the onus on accountants to ensure accuracy consistently can seem daunting. This allows teams to capture best practices to ensure consistency and change processes as their organization scales. Audit Readiness Remember this?

Reconciliation 105

Reconciliation Audit Accounts Best Practices 105

PYMNTS

JANUARY 26, 2018

“Managing the month-end close is a process of continual improvement,” he said. It’s best practice to review the just-completed close and look for opportunities to be better next time.”. The core of the close process remains the same: corroborate the numbers in the general ledger,” explained Feinstein.

Close Processes 47

Close Processes Innovation FinTech Accounts 47

Nanonets

MAY 6, 2024

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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Reconciliation Accounts Audit Automation 52

FloQast

MAY 7, 2024

The Year End Close: Why Does It Matter? The Year-End closing process is the regulatory requirement that companies verify the accuracy of their annual finances. FloQast organises not only my close workflow but that of my entire team. It makes it easy for me to see exactly where everyone is in the close process.

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Reconciliation Audit Automation Accounts 52

Nanonets

JUNE 23, 2023

This process is known as the financial close. Balance sheet reconciliation is a crucial step in the financial close process, serving as a vital control mechanism for organizations. Document the Reconciliation Maintain clear and comprehensive documentation of the reconciliation process.

Reconciliation 52

Reconciliation Audit Financial Analysis Adjustments 52

Nanonets

JUNE 18, 2024

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.

Reconciliation 52

Reconciliation Accounts Automation Credit Cards 52

Nanonets

JULY 21, 2023

The advent of automated reconciliation software has revolutionized this process, serving as a transformative solution. In addition to accelerating the reconciliation process, reconciliation software also enables an audit trail, significantly improving transparency and accountability. What is reconciliation software?

Reconciliation 52

Reconciliation Payment APIs and Integration Automation Audit 52