Closing the Loop on Closing the Books by ProQuest


After delineating the essential elements required in closing the books, the author explains the pros and cons of using Excel for the process. It's available, familiar, and flexible, but there are some problems with security and adding supporting documents, and there's no automated notification process for workflow alerts. Then he compares the advantages of and obstacles to using integrated, automated applications designed for the close. [PUBLICATION ABSTRACT]

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