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5 Steps to Prepare your Organization for a Financial Audit

E78 Partners

This is not just because of the intricacies and specificities required by the auditing standards but also due to the numerous challenges faced by organizations in the run-up to an audit. Furthermore, in an era of intricate financial landscapes, preparing for compliance with complex accounting standards becomes non-negotiable.

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Best Practices to Perfect Your Month-End Close With Sage Intacct

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Uses one set of financials and multi-dimensional reporting with an integrated General Ledger and real-time views of current and historical data. Identifies variances and anomalies that don’t comply with accounting standards with intuitive dashboards and reports that work based on your preset conditions.

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Strategic Budgeting and Forecasting: Five Questions to Consider

Centage

Users can define the formulas and flow as they please, which means they can inadvertently violate your business logic and/or established accounting standards. A modern FP&A solution with pre-programmed business logic and accounting rules prevents users from making such mistakes.

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Strategic budgeting and forecasting: Five questions to consider

Centage

Users can define the formulas and flow as they please, which means they can inadvertently violate your business logic and/or established accounting standards. FP&A software with pre-programmed business logic and accounting rules prevents users from making such mistakes.

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The best software for financial close and overview of the process

Spreadym

The financial close process, also known as the accounting close process or month-end close, is a series of steps undertaken by an organization to finalize its financial records for a specific accounting period. These entries correct errors, allocate costs, or reclassify transactions to the appropriate accounts.

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5 Reasons to Move off of Excel for Financial Close and Consolidation

Planful

When you begin the process of closing, you start by exporting trial balance data out of the general ledgers or ERP software and collect the data into spreadsheets that have to be reviewed and processed manually. The built-in formulas, templates, etc. have an inbuilt understanding of the finance rules behind the operations.