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Finance Optimization
Our Finance Optimization teams combine deep knowledge in accounting, reporting and internal controls with analytics, cost and profitability improvement, and advanced technologies. We help organizations increase efficiency and operational excellence across finance, FP&A and controllership.
Close is often tough on finance.
We can help.
Let’s talk how technology can simplify
Financial close cycles often surface recurring challenges across finance, from time pressure and manual workarounds to fragmented data and complex control environments. They typically become most visible during the year end, highlighting opportunities to improve how the finance function operates.
These challenges often show up across four areas of the close and reporting process:
- Financial close speed and timeliness
- Data and reporting
- System integration
- Process consistency and controls
How EY can help optimize the close process
EY teams help address these challenges across financial close and reporting processes, drawing on deep experience across the finance function.
By employing data and technology, we can help the finance and controllership function assess their its current processes, identify opportunities for improvement and develop a roadmap for the future.
This includes enhancing and redesigning close and reporting processes, as well as adjacent areas that impact financial statements.
Additional ways to drive optimization
Our teams continually identify and create new technological advancements, tools and strategies, and apply them to the issues impacting the CFO’s agenda. Using the latest applications and analytical methods, we can help you increase the level of trust in your financial and nonfinancial data, processes and reporting, and help create value through innovation.
These advanced solutions can help improve and automate finance processes, strengthen controls and support more effective decision-making. This enables finance teams to shift focus from processing transactions to delivering more timely insight and analysis.
Finance Optimization services
Our latest thinking
Empower finance teams with digitalization and data
A strategic mix of digital tools can empower Canadian businesses, and finance teams in particular, with the kind of agility the market currently demands. Read more.
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Investors seek a strong value story from leaders and confidence in delivery, but new EY research finds both investors and CFOs have their doubts.
How can the financial controller transform to shape the future with confidence?
The EY DNA of the Financial Controller Survey provides insights for financial controllers and senior finance leaders looking to drive success. Learn more.
The team
Close is often tough on finance.
We can help.
Let’s talk how technology can simplify
Frequently asked questions about improving financial close
