People in meetingIn this blog, the 14th and final one in our accounting and financial close series, we’ll give you a recap of the series. Our objective as we planned and wrote this blog series, was to discuss various ways to improve the close process in the hopes that your company would find areas that you identify with and that give you suggestions and direction to better manage your financial close.

Each blog addressed certain steps in the accounting and financial close process. This process has many dimensions and will vary company by company. Throughout these steps (identified in the chart below) we’ve discussed different aspects such as people, process and technology, and suggested different ways of standardizing, centralizing and automating processes to improve efficiency and effectiveness of your financial close process.

Financial close process

For your easy reference, here’s a list of all the blogs presented in this series.   Special thanks to Birgit Starmanns, Pete Graham, Bob Davenport, and Stefan Karl for their contributions to this series. I enjoyed working on it and I hope you enjoyed reading it.

Discuss All These and More at SAPPHIRE NOW

Please join us at SAP’s SAPPHIRE NOW conference May 5 – 7 in Orlando, Florida. SAPPHIRE NOW and ASUG Annual Conference is the ultimate opportunity to maximize your SAP investment and find solutions to your most pressing business challenges.

Through face-to-face interactions with executives, industry experts, peers, and SAP partners, you’ll be able to leverage diverse points of view as you expand your business network. Learn best practices, explore cutting-edge solutions, and discover ways to reduce complexity in your business. With hundreds of sessions, you have the ability to customize your experience based on what’s most important to you.

I will be there with all of our guest bloggers from this series. If you’d like to discuss any of the topics in this series in more detail please stop by the Demo Station LB209: Simplify Accounting and Financial Close Processes and ask our experts. I look forward to seeing you there.