Understanding the Problem
Close Challenges
Financial close delays rarely originate from a single cause. They emerge from interconnected challenges across operations, subledgers, the general ledger, intercompany activities, consolidation, technology, and organizational governance.
Identify Your ChallengesOperational Close
- Late operational transactions
- Incomplete production confirmations
- Inventory adjustments
- Delayed goods movements
- Plant-level dependencies
- Inconsistent cutoff practices
Subledger Close
- AP backlog
- AR exceptions
- Fixed-asset delays
- Bank reconciliation delays
- Revenue accounting dependencies
- Tax processing delays
General Ledger Close
- Manual journals
- Reclassifications
- Accrual calculations
- Allocations
- Foreign currency valuation
- Open-item clearing
- Account reconciliations
Intercompany Close
- Mismatched transactions
- Timing differences
- Transfer-pricing adjustments
- Currency differences
- Unconfirmed balances
- Dispute resolution delays
Consolidation & Reporting
- Late submissions
- Mapping problems
- Elimination differences
- Top-side entries
- Multiple reporting systems
- Management-report dependencies
Technology & Data
- Multiple ERP instances
- Fragile interfaces
- Batch failures
- Spreadsheet dependencies
- Inconsistent master data
- Limited real-time visibility
Organization & Governance
- Unclear ownership
- Weak escalation
- Excessive approvals
- Local process variations
- Limited KPI discipline
- Lack of executive sponsorship
Ready to Identify Your Specific Close Challenges?
The 10-hour assessment maps your challenges to SAP capabilities and identifies practical improvement opportunities.