Streamlining the Accounting Close Process

Description: With so many different approaches companies can take to streamline the Accounting Close process, it can be difficult to determine where to best focus project resources and what to invest scarce capital in.

This Peercast will feature a company that will share details about their Accounting Close process and what they have done to improve their operation in this critical area.

Peercast Poll Results

Poll Title: Streamlining the Accounting Close Process

Background: With so many different approaches companies can take to streamline the Accounting Close process, it can be difficult to determine where to best focus project resources and what to invest scarce capital in. This poll looks at overall satisfaction with the close process and what companies would most like to improve in this important process.

Poll Question: What is your overall satisfaction level with the Accounting Close process at your company today?


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  Very Satisfied 7%
  Satisfied 54%
  Neutral 29%
  Not Satisfied 11%

Poll Question: What would you most like to see improved related to the Accounting Close process at your company?


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  Reducing the number of days to close 7%
  Increasing the number of days to close 0%
  Improving the timeliness / quality of account reviews during close 18%
  Improving the cohesiveness of groups that work together during close 11%
  Improving the information available related to the status of close activities 7%
  Reducing the number of manual journal entries 21%
  Reducing the number of hours that staff need to work during close 29%
  Other (Please Comment) 7%