Pushing information from static spreadsheets into SAP may be like squeezing a sq. peg right into a spherical gap. It is advisable to chase individuals for the info, then guarantee it’s correct, earlier than loading it into the system, solely to search out it riddled with discrepancies. You’ve approached your IT staff for an in-house answer to be constructed, however they don’t have time and your request is left sitting on the backside of their precedence record.

Sadly, this expertise will not be unusual. Corporations like yours desire a new shut course of, and your staff says they want it yesterday. Sadly, this expertise will not be unusual. In truth, a latest survey of 155 finance executives revealed that 55% of respondents need an automatic monetary shut by 2025. Moreover:

• 86% mentioned they wished a sooner, real-time shut
• 68% mentioned they need a less expensive shut
• 64% mentioned they need an error-free shut

Information administration and add is only one a part of the month-end shut course of, however it’s additionally the simplest to beat with automation. Automation may be primary and nonetheless ship the real-time outcomes your staff wants. You want the best instrument to ship quick correct month-end shut autonomously.

Automating Your Month-Finish Shut is an Simple Resolution

Working with SAP’s advanced interface and migration mires down monetary professionals in tedious handbook duties, which might lengthen time-critical actions like month-end shut. With out the best instrument, your finance staff is probably going spending hours validating information uploads, rekeying common ledger entries and processing massive information.

Do you end up utilizing handbook processes to reply questions like:

• Does WIP tie to the Normal Ledger steadiness within the ERP system?
• Do month-to-month money receipts and internet change in receivables tie to the earnings assertion?

In that case, what number of hours is your staff losing on handbook month-end processes? Now, think about how a lot enterprise worth you may generate with that point again in hand.

• Elevated Effectivity and Time Financial savings: As a substitute of spending days and even weeks reconciling accounts and getting ready monetary stories, finance groups can full these duties in a fraction of the time, permitting them to give attention to extra strategic and value-added actions.
• Improved Accuracy and Lowered Errors: By automating the shut course of, the chance of errors is drastically minimized. Automation ensures consistency in calculations, information validation, and reporting, resulting in extra correct monetary statements and insights. This not solely enhances the reliability of economic info but in addition helps in assembly regulatory compliance necessities.
• Enhanced Information Visibility and Insights: Actual-time visibility throughout all related information sources permits your finance staff to watch monetary efficiency extra successfully, establish developments, and acquire useful insights into the corporate’s monetary well being. With available information, finance groups could make knowledgeable selections sooner and assist strategic planning for the long run.

Having an automation instrument that works inside Microsoft Excel — the finance staff’s instrument of selection — will empower your accounting and finance staff, simplifying and automating massive information uploads that plague your month-end shut.

That is the place Course of Runner GLSU and Wands for SAP can take away the roadblocks your staff needs to keep away from.

Satisfying Your Workforce’s Want for Velocity

Reconciling accounts throughout a number of methods sometimes requires a handbook comparability of balances from completely different methods, however Course of Runner GLSU and Wands for SAP from insightsoftware remedy that want.

Your staff wants automated monetary information entry that turns Microsoft Excel into your month-end shut cockpit for SAP. They want highly effective information validations, and versatile workflow options that make working in any enterprise course of sooner and simpler. An built-in view of disparate methods can assist this “administration by exception” method, considerably rising effectivity and accuracy.

Course of Runner GLSU and Wands for SAP present versatile, intuitive interfaces for SAP information entry and transaction posting instantly from Microsoft Excel.

• Automate monetary doc posting processes leading to a shorter month-end shut.
• Pre-validate information previous to posting to SAP, returning any errors in a single report for straightforward reconciliation.
• Improve information accuracy and enhance audit processing whereas operating a stress-free finance operation.

Course of Runner GLSU

Constructed by finance professionals for finance professionals, Course of Runner GLSU Course of Runner GLSU streamlines information administration operations like month-end shut. With it, your staff can automate greater than 40 SAP FI transactions with assist for big journal entries (>1,000 traces), payroll, buy orders, P-Card, invoices, a number of currencies, and cross-company entries.

• Productiveness increase — Create a brand new template in 60 seconds. and the . Achieve the power to submit greater than 999 line gadgets.
• Enterprise-wide influence — Scale back assist and ongoing growth prices.
• Simple to make use of — Use normal Excel performance to calculate and validate values and validate them in only one click on.
• Time-to-value acceleration — Fast set up. Velocity time to market with sooner information migration, simpler information transformation.

Wands for SAP

Wands for SAP empowers your finance staff to leverage their current Excel expertise to streamline information entry to drive efficiencies in your month-end course of. Arrange month-end shut stories and ad-hoc evaluation in only a few clicks.

• Entry to real-time information — Achieve the power to assist month-end closing wants and value management.
• Correct, up-to-date stories — Create consolidated stories throughout a number of price and revenue facilities.
• Refreshable period-on-period evaluation stories — Have these stories in your fingers in seconds with out counting on stale information exports.
• Versatile and customizable stories — Format earnings statements, steadiness sheets, and different stories precisely the way you need.
• Productiveness increase — Create a brand new template in 60 seconds and the power to submit greater than 999 line gadgets.
• Simple to make use of — Use normal Excel performance to calculate values and validate them in only one click on.
• Time-to-value acceleration — Fast set up. Improve velocity to market with sooner information migration, simpler information transformation.

Go to our web site to see if Course of Runner GLSU or Wands for SAP is correct in your staff. You too can watch our on-demand webinar, How you can Set Your Finance Workforce’s Expertise Roadmap, for extra info.

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