Accenture R2R Period End Close

The Period End Close App helps companies understand their period end activities better.

While the focus of modern finance departments is on supporting the business and driving value, most of the accountants’ time is spent on basic activities, such as the period end close. Managing these activities to a high reporting standard and within a narrow reporting period is an ambitious task that few companies have mastered. This holds true also for companies who implemented advanced PEC management tools.

With Accenture’s Period End Close App you can get meaningful insights into the End-to-End Period End Close process and all of its key subprocesses. You can spot bottlenecks, identify what causes delays, investigate which subprocesses have negative impact on the whole process, measure workload per team and discover the critical path of the process.

You can get all these insights using the Period End Close App.

• Review each Period End Close subprocess separately

• Benchmark Period End Close processes across entities and fiscal periods

• Verify timeliness of activities by period end workday, identify task deviation from schedule by team responsible

• Drive completion ratio by analyzing the results by task type, entity, or period

• Increase Period End Close automation