Improving the Monthly Close Process

Send us Fan MailEpisode #28: We must continue to improve the monthly close process so we add value and help our senior leaders do their jobs better with valuable insights about the business. Monthly close isn't only to close the books, but to really figure out what happened so we can determine if the business met expectations and we can make necessary adjustments. Monthly close requires leadership to improve the process. Episode outline:Map out the process - does it make sense?Let analysts be analysts, andBriefing slides should tell a story. Our analysts and staff accountants should be spending most of their time analyzing and building the business and not only cutting and pasting information from one report to another report, which often happens. Please connect with me on:1. Instagram: stephen.mclain2. Twitter: smclainiii3. Facebook: stephenmclainconsultant4. LinkedIn: stephenjmclainiiiFor more resources, please visit Finance Leader Academy:  financeleaderacademy.com.Support the showStephen is an experienced Finance Professional and Leader who offers fractional CFO services and development opportunities. Please visit his LinkedIn profile or Finance Leader Academy for more information.The views and information shared on The Finance Leader Podcast are intended solely for educational and informational purposes. They do not constitute financial, accounting, tax, legal, investment, or other professional advice. Always seek guidance from a qualified professional before making decisions related to your specific circumstances.