What software do you use in your SMB to support your monthly close?
Answers
We use Microsoft Dynamics - GP. A number of our contracts are project-based so we use project
If you are looking for tools to manage progress using a checklist, BlackLine has a set of SaaS based solutions that help "program manage" your close. Feel free to reach out to me directly to discuss further.
There are many solutions available that can provide assistance with the financial close process. Depending on the complexity and size of your company you may want to consider the following:
1) Does it support multiple close calendars?
2) Can you link tasks to financial results?
3) Can you create multiple action plans?
4) Do you need to integrate with supporting systems and productivity applications such as
5) Do you want real-time, role specific dashboards?
6) Can you link Close activities to related compliance efforts?
7) Can you create online binders to capture all Close and supporting material?
With those high level questions it will assist in evaluating software vendors to your company's needs.
Cadency, by Trintech, is the world’s only end-to-end financial governance solution that manages the entire Record-to-Report process, including Close, in a single product.
Please contact me directly if you would like additional background information or discuss further.
We use