Peeriosity Insights: Recent Research Findings Summarized insights. To view detailed research results, contact us to inquire about membership.

Strategies to Simplify the Accounting Closing Process

It’s common for Shared Services leaders to be asked “How many days does it take you to close?” The follow-up question not usually asked, is “How painful is your closing process?” A recent Peeriosity PeercastTM in the General Accounting research area featured a global Shared Services organization that coordinates the closing process for approximately 500 […]

Posted in General Accounting

Month-End Accounting Close Cycle Time

Background Every organization is looking for ways to get information faster. One of the challenges faced by  Shared Services organizations is to coordinate month-end close and report quickly. Peeriosity Key Metric Benchmarking within the General Accounting Research Area provides members access to a wide range of KPIs to compare their results to as well as […]

Posted in General Accounting

Streamlining General Accounting Operations

Shared Services organizations have implemented imaging and workflow technology for years to improve the efficiency of processes that were paper and approval-intensive such as Procure-to-Pay and Quote-thru-Cash. However, many Record-to-Report process activities have been slower to embrace the technology that can not only reduce paper flow and e-mails but also track and facilitate required approvals, […]

Posted in General Accounting

Account Reconciliation Process – Automation Delivers Efficiency and Opportunity

One of the most important activities of every organization is the timely and accurate reconciliation of general ledger accounts. Early identification of accounting and control issues is critical for any number of reasons, especially for public companies. Most companies have ongoing efforts to continuously improve the reconciliation process with the objectives of pro-active early identification […]

Posted in General Accounting
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