Seven Steps to Improve Your Financial Close Process

Seven Steps to Improve Your Financial Close Process

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video tutorial outlines a seven-step change management process to improve the financial close process. It emphasizes the importance of establishing a compelling reason for change, forming a guiding team, documenting the current state, redesigning the process, communicating the change, building momentum, and institutionalizing continuous improvement. The tutorial highlights the role of people, technology, and process in achieving a faster financial close.

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1 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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