Cookies make our website better. By using our website, you agree to our use of cookies. Read our Privacy Policy for more info. GOT IT TIP SHEET 4 COSTS OF A MANUAL CLOSE FOR ENTERPRISES The Repercussions of Delayed Financial Transformation ENTERPRISE ORGANIZATIONS PAY MORE IN MANUAL FINANCIAL CLOSE COSTS THAN THEY THINK. Finance and accounting teams are often so conditioned to operate in a manual financial close process that they often don’t remember there are more efficient ways of completing the Record to Report. Accounting teams that take advantage of automated processes and technologies experience more impactful ROI for the entire organization. However, when it comes to investing in digital transformation projects, organizations tend to weigh the resource cost that these initiatives require more than anything else. What about the inevitable opportunity costs that occur when financial transformation initiatives are delayed? Explore this tip sheet to discover the costs of a manual close, and what accountants could be providing for the organization. Download File RELATED RESOURCES WEBINAR Webinar: Driving Greater Efficiency, Visibility and Control with an Integrated Record to Report Process Event Details As Finance and Accounting (F&A) teams are being tasked with “doing more with less” — leading… Learn More CONTACT CAREERS PRIVACY POLICY TERMS AND CONDITIONS SOCIAL RESPONSIBILITY .st0{fill:none;stroke:#008578;} .st1{fill:#008578;} 043B3B6D-2E77-4BF8-B6BC-42D91500E319@2x Created with sketchtool. .st0{fill:none;stroke:#008578;} .st1{fill:#008578;} 7F869B92-9324-425C-B6DA-BE9261BA0D4B@2x Created with sketchtool. .st0{fill:none;stroke:#008578;} .st1{fill:#008578;} 101603DF-2981-4A86-AE6F-978CB71EA222@2x Created with sketchtool. .st0{fill:none;stroke:#008578;} .st1{fill:#008578;} BBAEC901-3778-4E96-9643-991157EA3269@2x Created with sketchtool.