What is continuous close?

One of those new processes is continuous close. Also called continuous accounting, it’s an appealing alternative for companies looking for a faster and better way to close their books and gain real-time access to financial data.

Is your business moving to a continuous close?

Frustrated with the limitations of the monthly close, especially now that many finance teams are performing them remotely, some businesses are moving to a continuous close. A continuous close reveals crucial business information in real time, empowering finance and accounting leaders to influence strategic decisions.

Why is a continuous close important?

The continuous close should make accountants’ day-to-day jobs more enjoyable and empower them to have more influence over strategic business decisions. It’s a philosophical change in how a business approaches accounting, with benefits valuable enough to convince many companies to make the switch.