How to Improve the Accuracy and Transparency of Your Financial Close
Date: Wed, Sep 25, 2013
Time: 02:00 P.M. ET
Duration: 1 hour
In many finance departments, the end of the month signals a time when finance teams dedicate days or even weeks to tracking down data or poring over spreadsheets.
It does not have to be this way. To cite an example, within 16 months, one company reduced its financial reporting cycle from more than ten days down to five, and it continues to shorten its reporting cycle each month. At the same time, the company's financial reporting has become more accurate and the company has introduced greater transparency with each stage of its closing process.
Is it possible to achieve the same within your company? This Webcast will provide you with actionable next steps to help you on the road to optimizing your financial close. During this Webcast, you will learn from Chris Hyland, CFO of Hyland Software, and a panel of experts:
- How to achieve greater efficiency during each close cycle;
- Why focusing on the human side -- those aspects of the financial close that cannot be automated -- helps reduce errors and post-close adjustments; and
- How to improve the transparency and accuracy of your financial close.
This is one Webcast you will not want to miss if you aim to optimize your financial close, and, as a result, free up your finance team to focus on improving your company's performance rather than on completing the next monthly report.
About the Presenters
W. Wesley Howard III, Chief Financial Officer, Jergens Inc.
Wes, a CPA, has been the CFO of Jergens since 1995. Additionally, during the period from 2002 until its sale in 2010, he was CFO of Tooling University LLC, a spin-off of Jergens that provides e-learning on manufacturing shop floor skills. Prior to joining Jergens, he was with Price Waterhouse (now Price Waterhouse Coopers), a Big-Four CPA firm. Jergens Inc.'s business units include a manufacturer of fixturing and workholding components for the metalworking industry, a manufacturer and distributor of precision torque electric screwdrivers for assembly applications, and an industrial supply distributor.
Chris Hyland, Chief Financial Officer, Hyland Software
Chris Hyland joined Hyland Software in 1992, and he has served as Chairman of the Board since 2002. He has also served as Executive Vice President of the company since 2001, and has been the company's Chief Financial Officer and Treasurer since 1994. Chris earned his B.A. in Economics from Ohio Wesleyan University.
MJ Ogrean, Solutions Analyst, Hyland Software
MJ Ogrean, CPA, is a software implementer with Hyland Software specializing in the OnBase financial close management tool that enables organizations to continuously improve processes in finance and accounting areas. Prior to this role, MJ worked for 19 years in corporate internal audit, accounting and finance. She spent the last eight of those years working as an IT finance manager for First Data Corporation in Denver, Colorado, where she continued to develop her knowledge of accounting concepts and IT best practices.
In her current role, MJ uses her experiences in corporate accounting to develop a deep understanding of her clients, building them a world-class database that meets their needs and fosters team collaboration. She works extensively with domestic and international companies of all sizes, helping them increase efficiencies with close processes.
W. Wesley Howard III
Chief Financial Officer
Chief Financial Officer