Picture the scene: A finance function that runs cleanly, month on month. The close lands on time. The forecasts resemble what eventually unfurls in reality. The board pack is on point. For most CFOs, that version exists mostly in theory. What gets in the way is rarely one big thing. It’s the slow accumulation of small ones – ‘a thousand cuts,’ as the cliché […]
Finance close is meant to be a smooth, predictable process. ‘Meant to be’. But the gap between ‘meant’ and ‘is’ is often a yawning chasm. Every month, you steel yourself. This time we’re going to nail it – and then, the usual happens: unexpected transactions crop up, departments overspend their budgets, and you’re left scrambling to reconcile everything before the deadline. This is […]
Once you cross 50 employees, your expense process (which worked fine with 20 people) will inevitably begin to creak. Submissions pile up, approvals get delayed, and you’re starting to suspect not every receipt is legitimate. Between 50 and 250 headcount, you hit a dangerous inflection point. You’re too big to manually check everything, too small to have dedicated fraud resources or a full compliance […]
