August 10, 2022

reconciliations

God Only Knows Why Most Companies Still Manually Reconcile General Ledger Accounts

A recent report released by Robert Half and the Financial Executives Research Foundation found that "nearly two-thirds of finance departments in US companies and one-half in Canadian companies" are manually still reconciling general ledger accounts.  That seems like a lot! But Roberto Halfo says it's biz as ushe:    "The level of manual reconciliation reported in our survey […]