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FINANCIAL CLOSE - BENCHMARK REPORT

An inside look at the key trends, drivers and needs in the monthly financial reconciliation process

Adra carried out a market survey to determine the major challenges facing accounting and finance departments during the month end close process. The survey focused on companies in Europe and the US that carry out balancesheet reconciliations on a monthly, quarterly or year-end basis.

Click here to download the document in your computer (PDF)


   Highlights of survey results:

  • Only 28% trust the reported numbers
  • Staff trust the numbers much less than managers
  • 90% are under pressure to close faster
  • Only 39% are satisfied with the qualityof the closing process

Adra, Solutions for a Smarter Month End Close Process  |  E-mail: info@adra.com