Automating the Financial Close in SAP: A Guide to Closing Smarter and Faster

The financial close process is remarkably manual and a recurring challenge for most F&A organizations. Achieving a highly secure and intelligent financial close automation with SAP solutions is possible with these steps:

  • Evaluate your financial close procedures to confirm all processes are standardized across the organization
  • Prioritize the tasks on which people should focus and which should be automated
  • Adopt embedded automation technology for SAP to optimize return on investments
  • Ensure automated financial controls are in place for audits and to gain visibility into process and performance
  • Apply continuous improvement to workflows and processes as needed to continue to make the best use of resources and be more strategic

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