Accrual Approval and Management allows accounting managers to configure a schedule of required accrual calculations that are launched automatically and assigned to the appropriate members of the accounting staff and their managers for review and approval.
A flexible process model allows the process owner to create a unique workflow and timeline for each accrual to ensure that all work is completed on time and properly reviewed and approved – without phone calls, emails, and headaches. An accrual overview dashboard provides full visibility into where work stands to eliminate bottlenecks, reduce stress and effort, and speed the closing process.
