The CloseYou may know it as the financial close
Close evidence pack assembly
Collect reconciliations, journal approvals, checklist completion and review sign-offs into one indexed pack for close sign-off and audit requests, flagging missing items.
What to expect: ideas for what could change, what you need first, and how to test whether it helps. Nothing here is a measured result.
- Impact: Medium
- Ease: Medium
- Prep: Some
Indicative rating based on the workflow described. Your readiness and implementation effort may differ.
Evidence status: Editorial / indicative assessment
What it does
This step still relies on manual effort, which holds back: Time to respond to audit requests; Missing evidence items at sign-off.
Who does what
AI prepares the work and suggests the answer. A person decides each one.
What it could move, and how you would check
Of the five measures below, this use case may help three. These are expected effects to test against your own baseline, not measured results. The last column says how to check each one.
| Fact | Expected effect | Why |
|---|---|---|
| Process steps | Not directly addressed | This use case does not directly change the number of steps. |
| Cycle time | Possible downstream benefit | Work may wait less between tasks, so items can finish sooner. |
| Exception loops | Potential direct benefit | Fewer items may go back for rework. |
| First-time-right rate | Possible downstream benefit | More items may be right the first time, with no one fixing or chasing them. |
| Cost per invoice | Not directly addressed | This use case does not directly change the cost of each item. |
What you need first
This is an illustrative improvement approach, not a final solution design. The workflow, level of automation, integrations, and review requirements will depend on your existing tools, available capabilities, data quality, company policies, and team needs. Confirm these during discovery and a controlled pilot before implementation.
Ease of getting started: Medium. The tools exist. Some of the setup work is yours.
- Evidence stored in consistent locations
- Close checklist in use
- Controller confirms pack completeness at sign-off
- Pack retained under the retention policy
Evidence to keep
- Indexed close pack per period
- Missing item log
What can go wrong, and how a pilot would show it
- Missing evidence not noticed
- Confidential documents shared too widely
Your next step
Agree the evidence required for each close task. Store evidence in consistent, access-controlled locations.
The pilot steps are under "See how to test it" in the Ways to start panel. Paid support is optional: use Get implementation support if you want help.