8 Best Practices: Remote Month-End Close for Accounting and Finance Teams

How do you virtually close month-end during the COVID-19 pandemic? 

Are you struggling with your remote month-end close? Fear not, we’ve created a guide to help accounting and finance teams eliminate the struggles of working from home so you can:

  • Develop easy and efficient remote month-end close processes 
  • Improve communication across teams so everybody can save time and stay aligned
  • Eliminate frustrations from paper files being inaccessible

Due to COVID-19, the majority of companies have been mandated to close head offices and send employees home to work. For most finance people, that’s easier said than done.

This is the busiest season for most accounting and finance professionals. We know you’re in the middle of the month-end close, quarter-end close, audit preparation, and tax filings.

According to the Wall Street Journal, “companies that rely heavily on cloud-computing technology to automate accruals, adjustments and internal transactions may be in for a smoother close than those that use on-premise technology on virtual private networks or enter data into spreadsheets manually.”

We know you’re busy. We know you want to just get on with your close, reporting, and personal tasks. So, we promise, the time you spend reading our guide will make your personal and professional life more efficient and less stressful. 

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