Breaking the mold of manual finance: A fresh approach to accruals, provisions and reclassifications
Accruals, provisions and reclassifications represent some of the most intricate and labor-intensive components of the financial close process. In a global business environment where speed and accuracy are paramount, accruals, provisions and reclassifications are a substantial burden for finance teams, resulting in highly skilled staff being entrusted to manage these critical tasks when their time