Guide to Period Close For High- Growth Companies

For many organisations, closing the books at the end of a financial period remains a time-consuming, cumbersome and stressful process with late nights for staff and seemingly endless re-checking of information.

In high-growth organisations, where there can be a lack of formal processes, fast-changing structures and growing headcount with often poorly defined roles, the process can be even more challenging. In addition, the pressure is intense from both the management team and investors to get an accurate view of performance data and aspects such as cash flow, profitability and liabilities, all putting added stress on period close.