Journal entries are a necessary and critical part of the financial close process. For many accounting teams, the month-end close is marked by the hectic and sometimes herculean task of completing large volumes of journal entries.
In the current business landscape, efficiency and accuracy are key, and manual journal entry processes stand out as an unnecessary and risky bottleneck. However, they are easily avoidable.
Take it from Patrick Schmidt, a former financial accountant and external auditor who is now a Principal Solutions Consultant at BlackLine. In the video below, Patrick talks about manual journal entry processes and why it’s time to move beyond them.
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