How to Achieve Financial Close Best Practices Using Automated Close Trackers

As organizations look for better ways to track the financial close and infuse best practices into the close process, they're seeking ways to better leverage technology, including eliminating usage of manual tracking tools, such as Excel. Automated close tracker tools enable companies to closely monitor the financial close process, infuse best practices into the close and drive process automation where possible.

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The Hackett Group helps companies significantly improve the efficiency and effectiveness of their organizations. We objectively measure business performance and provide fact-based transformation plans for achieving and sustaining world class, based on data and analysis from more than 13,000 benchmarks. For the typical Global 1000 company, this could mean as much $302 million in cost savings and more than $3.2 billion in working capital.

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