Close Processes Disaster Recovery Reconciliation 
Nanonets
MAY 6, 2024
Spreadsheets like Excel have long been a staple for account reconciliation , but their limitations are becoming increasingly evident. Finally, the manual nature of these processes contributes to difficulties in retaining financial and accounting talent and attracting new employees, exacerbating staffing concerns within organizations.
FloQast
DECEMBER 13, 2023
They are implemented at all levels of the organization and are often embedded in business processes. Examples of control activities include: Approvals Authorizations Verifications Reconciliations Asset security Segregation of duties 4. All of these need to be well documented and replicable for external auditor testing.
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