Is Your Period-End Closing Process Up to Par?
When Sage Intaact asked small to mid-size businesses what they would change about their close, the most common themes were to make it faster and easier. Recurring suggestions included more automation, integration, and better reporting.
There is a correlation between hours spent on closing the books and some accounting solutions used by respondents. If your close is taking too long or you’re adding entities, it may be time to re-evaluate how you’re using your current solution or investigate alternatives.
The Ericksen Krentel team of Client Accounting Services professionals provides a local, personalized and responsive service tailored to meet your business goals. Not only can we put together your weekly, monthly, quarterly and yearly financial numbers, we can also interpret what they mean for the successful continuation of your enterprise.
How well does your close stack up against your peers? Click here to read the Intaact survey to find out how your close compares on important factors across people, process and technology. You can grade your close, identify potential actions to improve it and work with the Ericksen Krentel team to execute that strategy.
About Ericksen Krentel
Ericksen Krentel CPAs and Consultants, founded in New Orleans, Louisiana in 1960 with offices in New Orleans and Mandeville, believes that serving as the clients’ most trusted adviser is grounded in going beyond the numbers.
That includes helping clients achieve their business and personal financial goals by providing innovative and exceptional services in the following areas: audit and assurance services, tax compliance and planning, outsourced CFO services and business valuations for a variety of industries; employee benefit plan audits; fraud and forensic accounting; business planning; IT consulting; wealth management; loss calculations; and estate planning.
Learn more at www.ericksenkrentel.com.