Reduce time, minimize errors, improve reporting accuracy.
Automating the Close Process
The monthly close process can be time-consuming and labor intensive. Tracking down information from other departments, identifying errors and making corrections leads to overtime, delayed reports and frustrated stakeholders. For companies with multiple subsidiaries, closing the books is even more challenging.
- Save time gathering sales, inventory and other essential data.
- Minimize errors with a streamlined chart of accounts.
- Identify and correct potential errors through banking integration and automated reconciliation.
- Avoid missing transactions with auto-posting journal entries.
- Improve reporting accuracy with NetSuite's close process checklist.