CODA Fast Close

Faster, better-controlled period-end closing

CODA Fast Close can help you make the process of financial period close more visible, repeatable, controlled and auditable.

The month-end close can often be time consuming and demanding for finance teams. Thanks to our team's experience and unique insight into the finance function, combined with new technologies from Microsoft, we can now offer a solution that will make a real difference.

Unlike other month-end products, CODA Fast Close addresses a vital and overriding aspect of period close – that it is a complex process: of collaboration between individual people; of chasing, collecting and confirming; of hassling and haggling; and of retyping and reformatting. Unless these issues are recognised and solved, then closing the books will remain a resource-hungry drain on finance teams.

Fast Close works with our own best-of-class  and ERP-based accounting solutions or with any other ERP or finance solution. It harnesses proven and familiar Microsoft® technology (SharePoint®, Outlook® and InfoPath®) to:

• deliver efficient collaboration between all stakeholders and participants in period endstreamline, automate and integrate period-end processes
• bridge the gaps between insular systems and inaccessible data across the organisation.

Period close is an excellent example of how our CODA Manager process control tools can be applied to automate and streamline common and repetitive tasks for any business. By speeding up the completion of these tasks,the finance function itself benefits, freeing up staff to do other things with their time. It also provides the business with faster access to information to help in decision making.

All in all, it’s exactly what you need to ensure the finance department can spend less time adding up your bottom line and more time adding to it.

Read more about the key benefits and key features of CODA Fast Close