🎃🪦 Last day of M1-Q4 means: Happy Halloween 🎃🪦
Especially to all of the Group Accountants, Finance Directors, and Financial Controllers:
👻 What's the SPOOKIEST 🧙🏽♀️scenario to you:
🆕 Consolidation after a new entity joins the group 👫👬👭
💸 Simplifying Cash Flow
🌐 Managing Foreign Exchange Rates
☠️ Monthly Close Cycles longer than 15 days
If you said a close cycle lasting 1/2 a month - then here are some valuable insights for you, straight from the CFO from Bredenoord.
❌ Error-prone and ⌚️time-consuming processes were hindering their consolidation and reporting.
🧮 Their biggest challenge was relying on Excel to execute their consolidation.
Their results with LucaNet were:
🧈 Consistency
✅ Workflow Management
⚖️ Rapid checks and balances
And perhaps most importantly, they reduced their monthly closing time from:
15 days(📆📆📆📆📆📆📆📆📆📆📆📆📆📆📆)
down to
3 (📆📆📆).
** Bonus: Check out that Luca-Net-Powered 😆 smile half-way through. All thanks to the impressive speed and flexibility #LucaNet gave their team in a Board meeting to immediately deliver updated figures, based on variables discussed, right to the CEO.
If you and your teams would also like to impress your CEO and Board, drop me a message! 📩
HR Director, UWorld
1moWe appreciate all your hard work Madeleine! 🎉