GL Associates | GL Closing Process Improvement Services

FINANCIAL REPORTING: Accounting Close

If it takes you too long to close the books, consolidate information and produce financial reports each month, GL Associates can help.

Clients realize the following benefits from GL Closing Process Improvement initatives:

Quicker reporting of financial results
Increased financial control
- Less errors, more transparency and consistency
- Improved COA governance and data integrity
Lower costs
Aligned, managed, monitored end-to-end process

Service Features

Top-Down, Iterative Approach
GL Associates’ top down, iterative approach defines business process goals, requirements, process steps and target metrics. We ensure that core business process requirements (“what” must happen) are rigorously defined before drilling down into more granular levels. This sequencing is critical in building a solid foundation before adding additional layers of detail.

Knowledge Transfer
Our methods of facilitation encourage collective discovery and insights into the end-to-end business processes that team members are a part of. We often hear that these types of structured, focused workshops provide client team members with their first opportunity to learn the entire end-to-end process.

Our approach also exposes team members to problem solving and process analysis tools and techniques. By introducing new techniques in the context of the project, we hope to strengthen our clients' overall collective problem solving capabilities.

Approach

We conduct interviews, facilitate workshops, and work closely with key stakeholders and client management to: