Well, hopefully the year-end close process is complete for most companies who have a December 31st fiscal year-end. Of course, there’s still plenty of work ahead on financial and regulatory reporting, right?
We know that the financial close cycle is a challenge for many organizations. The financial close and consolidation process impacts Finance staff in many departments and locations, requires pulling data from multiple systems, and can consume an enormous amount of time and resources. This is especially true if an organization is reliant on spreadsheets, email, and manually-intensive processes, or legacy applications that the company has outgrown. And there are a number of complexities to the process.
- Consolidating data from multiple systems
- Operating in multiple currencies
- Reporting using US GAAP and IFRS
- Reconciling and eliminating complex inter-company transactions
- Reporting on minority-owned companies
Join us on January 31 for our webinar featuring Brad Tingey, Corporate Controller at Golden State Foods to learn how they are using Host Analytics’ cloud-based Consolidation solution to address their complex financial close and reporting process in a global enterprise.
Join the Let's Take It On Challenge
In addition to hearing from one of our customers, there’s an added bonus as part of this webinar – we call it the “Let’s Take it On Challenge.” If you have a complex requirement that's slowing down your financial close process, Challenge us! Tell us your specific use case and we’ll present you with a solution during the demo portion of this webinar. Take the challenge! Learn more and register for the webinar here.