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