10 Nov Stop manual reconciliations. Save time and money.
Many finance teams find themselves doing extra work at month close to get all of the data entered correctly. In a recent blog post, we detailed how common and costly manual reconciliations are for most financial departments, with 30 percent of their time often spent on manual recs.
Simplus and Salesforce are teaming up for a webinar on January 20, 2021, to discuss how your team can stop losing time and money on manual reconciliations at month close. We will break our discussion into three parts:
- Common causes for manual reconciliation
- Solving the causes for manual reconciliation saving you time every month
- Share a customer story of successful manual reconciliation elimination
Exploring common causes and solutions
Three of the most common types of problems we see causing manual recs are reconciling data with reports and invoices, handling contract amendments, and introducing new revenue streams. We will look at each of these main topic areas in more depth, discussing solutions to reduce occurrences of data model differences that allow for discrepancies, reviewing common integration points between your CRM and ERP, and looking at business and process flows.
Expert speakers with answers on how to stop manual reconciliation
Michael Aaron, Senior Director of Product Management at Salesforce CPQ and Billing, and Kyle Hanagarne, VP Communications, Media, and Technology at Simplus, will be guiding us through this discussion. Both Mike and Kyle have years of business process and billing experience across multiple platforms. They will share insights from current customers that provide insight into how companies like yours stopped losing time and money on manual reconciliations.
Please register and join us on Wednesday, January 20, 2021, at 11:00 am PST | 2:00 pm EST.