Cues Podcast

Easing the Pain of Month-End Close

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Synopsis

Sponsored by SkyStemClosing the books at the end of the month can be a lot of work. Doing it month after month can be grueling. And when the organization is growing and adding new technology, well, that can just make an already tough job that much more difficult, says our guest in this episode of the CUES Podcast.Jennifer Stein, CPA, CGMA, is senior project manager for SkyStem, a CUES Supplier member based in New York City and the sponsor of this show. A former corporate controller, Stein has been through the ups and downs of the month-end close many times, and that experience has driven her passion for making the process easier for accounting teams.Her top tip? Standardize the process. This is especially helpful during this era of turnover caused by the Great Resignation, she says.“By standardizing your processes and your reconciliation templates, for example, you’re helping new people learn the exact same way that other people are doing things,” she says in the show. “So, by having standardization in proces