Catch errors ahead of the close
Compress your time to close with real-time transaction monitoring on your GL data, flagging common errors and ensuring policy adherence.
To close faster, close continuously
Finally getting to your BD 5 or BD 3 milestone requires shifting more of the workload into the pre-close period. Monitors enable accounting teams to do more work in real-time vs. sprinting at month-end.
Catch Common Errors in Real-Time
Catch all expenses without a vendor. Proactively capture potential reclasses down the road with monitors for specific vendors, departments, classes, or accounts.
With real-time custom alerts on your transaction-level data, your team can address data hygiene issues across the month.
Apply policies as transactions hit the GL
Create monitors that reflect your team’s accounting policies — actively flag all items to add to a fixed asset register or prepaid expense schedule based on the transaction’s account and your materiality threshold.
Head into month-end with greater confidence that all transactions have been properly accounted for.
Get a birdseye view of critical JE’s across your global team
Track any manually posted JE’s to cash accounts. Automatically flag any transaction above a size threshold for review.
As accounting teams scale, monitors give Controllers greater visibility into the team’s work and confidence in financials passed along to the CFO.
Before we had Monitors set up, we would close the books and hand things to FP&A, but then they would come back with a list of transactions needing fixes. Now, once we close, we’re done. It’s been a game-changer.
