Financial Manager how-to
How to Speed Up the Month-End Close
A faster close means faster decisions.
Quick answer
A faster close means faster decisions. In short: map; set; automate, then complete the remaining steps below.
Step by step
Map close tasks.
Set a daily calendar.
Automate reconciliations.
Accrue earlier.
Review exceptions only.
Track days to close.
Safety reminders for financial managers
- Maintain internal controls
- Prevent fraud
- Protect financial data
- Follow reporting regulations
Key terms
Controller · Treasurer · CFO · FP&A · Forecast · Month-end close: see the full financial manager glossary.