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Optimising financial processes

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Record to Report: Getting to a Safer-Faster-Better Close

Faster Safer CloseIncorporating the Last Mile of Finance

Consider Solutions is delighted to present a 45 minute executive briefing webcast and discussion centering around the end-to-end Record to Report process.

The Record to Report process provides an environment where the unmoving, uncompromising pressures of time, accuracy, cost efficiency and control effectiveness are pitted against each other. The last mile of finance is often a world of late nights, detailed analyses, painstaking reconciliations, and last-minute adjustments.

It is the scene of urgent conference calls, of seeking the business story that explains the numbers before they can be published. And, of course, it is the home of the ubiquitous spreadsheet, bridging the gap between the limited capabilities of the ERP system and what really needs to get done.

Many individual heroes battle through this environment, doing what it takes to deliver yet another painful close before the bell tolls. However, others have managed to significantly simplify this historically complex landscape — bringing greater process efficiency as well as stronger controls effectiveness — through a series of smart, incremental, sustainable improvements.

This webcast looks at the smart initiatives these leaders are taking to get to a “safer, faster, better close”. By identifying critical capability gaps and high-impact best practices, this webcast will discuss how to incorporate continuous, incremental improvement into the Record to Report process. It will be of particular interest to Financial Controllers, R2R Process Owners and Directors of Shared Services.

Hear expert panelists Dan French (CEO Consider Solutions) and David Mitchell (EVP Transformation and Finance Process Optimisation) as they discuss key insights in:

  • Managing the End to End Record to Report (R2R) process
  • Performance versus Control – compromise or complimentary goals?
  • Identifying the critical capability gaps and high impact best practices
  • Streamlining, standardising and automating R2R (beyond ERP functionality)
  • Making transformation and continuous improvement a Business as Usual Process for R2R