The Close Leak Scorecard
Six questions. Find out how many hours, how many dollars, and how much restatement risk are hiding in your manual month-end data pull.
1 of 6
How many systems does your team pull from and reconcile by hand every close?
Count ERPs, the GL, property or project systems, billing, payroll, the bank, and the spreadsheets in between.
At month-end, how much of your team's time goes to pulling and reconciling data versus actually analyzing it?
Pulling and reconciling = exports, cleanup, tie-outs. Analyzing = diagnosis, modeling, the actual decisions.
When two systems disagree, how long does it take to find and fix the break?
Think rent roll versus GL, sub invoices versus commitments, the subledger versus the bank.
When did a wrong number last make it into a report that went out?
A hardcoded cell, a broken link, a stale pull, anything that should not have shipped.
By the time your monthly package is done, how current is the data inside it?
From the last refresh to the moment you present.
If someone asks "where did this number come from?", how fast can you trace it to the source?
Back to the lease, invoice, or transaction that produced it.