/01 · Solutions
Possible solutions.
/01
Invoice matching
Invoices, purchase orders and receipts are matched line by line; only the discrepancies reach the team.
/02
Customer collections
Reminders graded by each customer’s history, ready to go out from the tools in place.
/03
Expense reports
Every expense checked against the internal policy, with the rule at stake when it fails.
/04
Close preparation
Recurring entries, accruals and missing supporting documents prepared and listed before the close.
/05
Explained variances
Gaps between budget and actuals are explained from the documents, ready for the committee.
/02 · Execution
Execution example.
/03 · Measurement
Indicators tracked.
Measured before, then every month. No figure promised.
- 01Days to close
- 02Share of invoices matched without intervention
- 03Days sales outstanding
- 04Discrepancies caught before payment
/04 · Guardrails
Guardrails.
In the code, from day one.
- No payment goes out without the defined approval.
- Every figure links back to the document it comes from.
- Entries are proposed, never posted to the books on their own.
/05 · Systems
Connected systems.
And any tool with an API or files.
/06 · See also
Related functions.
/04
Operations
Orders keyed into the ERP, supplier delays, stock, quality and schedules.
/03
Legal and compliance
Contract review against the legal playbook, deadlines, compliance questionnaires.