If your company doesn’t have a Fast Close, then you don't have a company. You have a big f@*king mess.
Fast Close means that the month’s numbers (incl. all reporting internal & external) are closed on the 2nd day of the following month the latest.
Pity that’s not standard practice yet, right?
#accounting #finance #financialmanagement #cfo #cfos #reporting #controlling #beyondbudgeting #relativetargets