We’re excited to announce the launch of our new Month-End Close solution, designed to help finance teams close the books faster, more accurately, and with complete confidence.
This new product is designed to simplify and streamline the tedious and manual processes associated with messy spreadsheets, scattered emails, and manual reconciliations.
Inside, you’ll get clear workflows, real-time visibility, and a dedicated space for reconciliation, allowing you to reduce errors, save time, and close faster with more accurate and audit-ready data.
Month-end close is a must-have tool for every financial professional.
Streamlined workflows
When data, files, and tasks are spread across multiple systems and people, the month-end close is slowed down, and accountability gets lost. Working with a tool that centralizes everything so nothing falls through the cracks is critical.
Disorganized and manual workflows are holding you back from progressing. Datarails Month-end close now offers workflows that bring structure to the chaos with:
- Customizable checklists
- Assigned task owners and deadlines
- Real-time task tracking
Our Month-end close workflows transform a traditionally manual, reactive process into a proactive and transparent one, helping your team stay on track and on time.
Reconciliation
When it comes time for reconciliation, working with scattered files, zero version control, missing approvals, tedious tracking, and auditing can be a nightmare.
That’s why our reconciliation module creates a centralized hub with built-in version control and audit trails, approval workflows, and progress visibility.
You can easily get:
- Audit trails: See who is making changes and when. Every change is tracked automatically with full version history — remove the guesswork.
- Consolidated files: Store, organize, and manage all files in one secure location
- Approval workflows: Keep teams compliant and audit-ready with minimal manual effort. Assign reviewers and get sign-offs for each reconciliation.
- Progress visibility: Spot delays, blockers, or bottlenecks immediately. The real-time dashboards show the status of every reconciliation.
Turn all those messy and manual processes into streamlined, secure, and fully trackable workflows that help reduce risks, save time, and make audits easy.
Month-end dashboard
Without a centralized view, financial professionals are left in the dark. There’s no easy way to see what’s been completed and what’s outstanding.
Teams rely heavily on check-ins, emails, or status meetings to communicate progress. Blind spots, siloed communication, and difficulties reporting only make the job harder and increase the rate of errors.
The new summary dashboard view gives a bird’s-eye view of your progress at every level. Including:
- Task status
- Reconciliation completion
- Blockers
With these real-time insights, you can close faster, make smarter decisions, and stress less.
Close the books with confidence
Datarails’ Month-end close solution is designed for growing finance teams and is built to simplify complex processes without sacrificing accuracy or compliance.
With structured workflows, strategic reconciliation, and full visibility, you can close faster, reduce risks, and get time back, all while maintaining confidence in your work.
Book a demo today to see it in action.
