EBOOK
How to Unlock Cost Cutting With a Strong Accruals Process
Without a robust accruals process, your business’s budget data can become compromised — impacting corporate finance’s ability to deliver accurate forecasts and budgets to support important business decisions.
As other departments become increasingly reliant on accurate accruals to support critical cost-cutting decisions, accountants must seize this opportunity to add value to your business by ensuring access to accurate and reliable accruals data.
In this eBook, you’ll learn:
- How poorly managed accruals create flawed budgets that can hold businesses back from effective cost-cutting
- Strategies organizations can apply to provide immediate and impactful change to your accruals process and support sound decision-making
- How weak accruals can have a knock-on effect on the audit, month-end close timing, and team morale
"I love Gappify for its ability to put the month-end accrual process on autopilot. It reinforces the best practices around the procure-to-pay cycle, influencing good behavior and engagement with outside vendors and internal business partners. This helps support a very smooth accrual process and month-end close."
“By leveraging Gappify’s Accrual Cloud,we were able to automate these tedious, repetitive tasks and ultimately reduce our close timeline by 6 days.”
“In an era of new business models and changing accounting standards, accounting professionals need automation so that they can deliver fast, correct and smooth close processes. Gappify equips finance staff to keep pace with the speed of business, and enable finance transformation in an era of increasing complexity."
“Gappify is a cornerstone of our close management tech stack. They are pioneers in automated vendor accruals (which they execute perfectly!) and continue to add value through their innovative new features, including PO compliance monitoring and vendor spend insights."
