For decades the accounting process has not changed. It feels like since the dawn of business accounting teams have been stuck under mountains of work, especially around month end, when trying to close the books and working through reconciliations can feel like a never-ending process.

Accurate financial reporting requires data to be complete, that errors are caught and that systems are operating effectively. Ensuring that the target is met in these areas requires good visibility over data. A single version of the truth regarding who has prepared, reviewed, and then approved accounting operations is crucial.