Business Areas that Haunt Finance While Preparing for Year-end Close and Audits
Finance and Accounts Payable Aren’t the Only Departments that Scramble to Prepare for Year-end
Preparing for year-end close is a time-consuming burden that can haunt many organizations, especially now, when they realize that it’s just around the corner. The process is daunting, not only for accounting and finance teams, but also for other areas that might be overlooked. For example, do HR and payroll balance with accounting? Have all sales orders been submitted to and reconciled with accounting? And of course, have all supporting invoices and expenses been paid and accounted for properly?
Read the full blog post by PayStream Advisors to learn:
• The top 5 business areas affected by year-end close
• How a complete ECM solution provides visibility into orders, payments, internal forms and related documents
• Where document management fits and how process automation can prepare you for audits