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Fast close: Navigating through the new normal with accelerated close
Learn more about strategies to improve your organization’s financial close process.
In today’s rapidly changing business environment, the expectations and roles of a finance function must shift from being traditionally focused on transaction processing and reporting compliance to being more proactive and commercially-minded. Finance functions are also increasingly expected to support the business in strategic and tactical decisions. In gearing up for the shift in roles, finance functions are leveraging new technologies to be more efficient while finance leaders must look for new ways to approach the financial close process. Companies face various considerations as they prepare for month-end and quarter-end close, including greater regulatory scrutiny, speed to market on financial results and handling large volumes of financial data. Finance leaders must act now to protect their close process and prevent delays or misstatements in financial reporting.
In this finance-focused event jointly organized by EY and BlackLine, we will discuss several strategies to improve your organization’s financial close process, including the use of digital finance transformation to automate manual and non-value-added tasks to generate long-term value. The speakers will deep-dive into financial close challenges and discuss the considerations for finance leaders to adopt modern accounting methodologies to accelerate the financial close process.
Highlights
Key challenges of the financial close process
Fireside chat on accelerated close and modern accounting
Overview of fast close tools
Speakers
Adele Liew, Partner, Financial Accounting Advisory Services, Ernst & Young LLP
Shehryar Malik, Head of APJ Customer, Team, BlackLine