S+H Consulting

Case Study

Close + Reporting Process Enhancement

Distribution

INDUSTRY

2,800

EMPLOYEES

$500M

ANNUAL REVENUE

Background

We assisted our client in enhancing close process accuracy and timeliness in preparation for evaluating close process automations.

Objective

  • Accumulate close process tasking across 7 business units and 8 locations.
  • Evaluate task & task owner alignment. Recommend realignment and task consolidation across the business units.
  • Proctor 3 close periods during corporate controller turnover cycle.

Solution

  • Accumulated 350 close process tasks by owner, business unit, financial statement, and close day.
  • Tracked task by task progress during 3 close periods.
  • Built tracking and reporting document to create awareness for CFO and finance functions.

DEVELOPED A CLOSE PROCESS TASK LIST AND ENHANCED ACCOUNTABILITY ACROSS THE ACCOUNTING ORGANIZATION.

Share this post

Knowledge Hub

Valuation for Internal Equity Transfer

Interim Controller

Construction Operations Management

System Transformation

Company Valuation to Prepare for Transaction

Budget Creation + Implementation

Scroll to Top