Email. What a wonderful thing. Being able to instantly communicate has made our work so much more productive… …or has it? Research by the Warwick Business School found that, since 1973, productivity had only risen by 2%. That means that despite all our technological advances we are barely more productive than we were forty years […]

One of the final hurdles you will have to leap to achieve a perfect month-end financial close is your archiving. By law you are required to hold at least 6 years’ worth of financial records. That’s a hell of a lot of data to keep hold of, and finding the data you need within all […]

In our mission to pin-down the perfect month-end financial close – one where account reconciliation is quick, easy and accurate – it is necessary to look at every aspect of the monthly close procedure. Our next stop is the approval process. Most accounting teams use the ‘four-eyed’ principle for account preparation and reconciliation approval. That […]