From linear to circular
Genpact can help you achieve that ideal. Our Continuous Close Accelerator lets you transform closing from a stressful, linear, resource-devouring exercise to an ongoing, dynamic process that delivers rich business insights.
The Continuous Close Accelerator is an intellectual property created out of our years of rich experience in finance and accounting. It's a cloud-based diagnostic framework built on our deep-rooted understanding of how the pressures of closing vary from industry to industry. We know that geography, business segments, and a company's existing technology also impact the process, so we're well equipped to evaluate every unique aspect of your circumstances. We lay the groundwork for the kind of on-demand reporting that provides real-time intelligence to sharpen your company's competitive edge.
Our streamlined, modular approach encompasses automation, resequencing of steps, process simplification, user experience, and control – all of which can ultimately lead to continuous close of books. First, we assess the efforts, activities, and resources that your current closing process demands. Next, to make these more efficient, we recommend a range of process and technology solutions based on your firm's goals and appetite for change. We also build first-step scenarios that reveal places where you can realize immediate benefits, which will prepare you for the ultimate transformation to an on-demand close.