Enhancing Month-End Close Efficiency with AI: A Step-by-Step Guide
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Training TypeLive Training
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CategoryFinance
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Duration3 Hours
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Rating4.6/5
Course Introduction
About the Course
The month-end close is a critical yet often stressful process for finance teams, burdened by tight deadlines, repetitive tasks, and high stakes for accuracy. Enhancing Month-End Close Efficiency with AI: A Step-by-Step Guide is a deep-dive, practical session designed to help accounting and finance professionals modernize and streamline their close cycle using artificial intelligence, without the need for coding or a complete systems overhaul.
This hands-on guide walks you through the full month-end close process, identifying key areas where AI can be leveraged to eliminate inefficiencies, reduce errors, and free up valuable time for analysis and strategic work. You’ll learn how AI-powered tools can automate data collection, improve reconciliation accuracy, and accelerate reporting timelines.
Key takeaways from this session include:
A step-by-step framework for applying AI to the month-end close process.
How to use AI for automated transaction matching, journal entry suggestions, and anomaly detection.
Integration of AI with existing accounting platforms (ERP systems, Excel, and cloud tools) to enhance, not replace, your current workflows.
Best practices for closing checklists, approval workflows, and task tracking using intelligent automation.
Real-world examples of companies that have reduced their close cycle from days to hours using practical AI solutions.
The session focuses on no-code and low-code tools accessible to accounting and finance teams, enabling quick wins without needing deep technical knowledge or IT support.
Whether you're a financial controller, accountant, or FP&A professional, this session equips you with a repeatable AI-based methodology to speed up your month-end close, improve compliance, and reduce burnout across the team.
By the end, you'll have a clear action plan, recommended tools, and practical templates to start transforming your close process immediately, paving the way for a faster, smarter, and more strategic finance function.
Course Objective
Identify bottlenecks in the current month-end close process.
Learn how AI can assist in tasks like reconciliations and variance analysis.
Develop a roadmap for implementing AI solutions in the close cycle.
Who is the Target Audience?
Accounting managers, controllers, and finance team members are involved in the close process.
Basic Knowledge
Docyt: Automates reconciliations and supports continuous close processes.
FloQast: Provides close management solutions to streamline month-end activities.
Planful: Offers financial performance management tools to enhance the close process.
Available Batches
| 23 Jul 2025 | Wed ( 1 Day ) | 12:00 PM - 03:00 PM (Eastern Time) |
Pricing
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Common issues and time-consuming tasks.
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Impact on financial accuracy and reporting timelines.
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Automating reconciliations with tools like Docyt.
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Using AI for variance and flux analysis.
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Hands-on session with FloQast for close management.
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Exploring Planful for financial performance management.
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Assessing organizational readiness.
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Setting realistic timelines and training programs.