VM

Period-End Close Orchestration

Scheduled
Last run: Tomorrow
NS
GS
Objective

Coordinate close tasks, dependencies, and escalations to shorten the close cycle.

Standardizes close execution and surfaces blockers early.
Close acceleration
3 days
Checklist adherence
98%
Blockers cleared
7 per close
Est. annual value
$180k
Why This Matters
  • Close tasks live across systems and owners without clear accountability.
  • Blockers surface late, pushing close timelines.
  • Leadership lacks real-time close readiness visibility.
Outputs & Controls
Outputs
  • Live close checklist with ownership and SLAs
  • Escalation notifications for blockers
  • Close readiness summary for leadership
Controls
  • Escalation chain enforced at 48/72-hour SLAs
  • Audit log of task approvals and completions
  • Controller sign-off required before close
Run Summary
Status: Scheduled
Last run: Tomorrow
Systems: NS, GS
Audit trail: Full action log with timestamps and SOP rules.
Run Notes

Exceptions route to the approvals queue with full context and audit trail. Non-exception items continue without manual intervention.

All source data, decisions, and outputs are logged for controller review and audit support.

Execution Timeline

1
Load Close Checklist
Action: Prepare month-end close checklist and task owners
Waiting
NS
GS
Duration:
Details
  • 46 close tasks mapped to owners
  • Dependencies and SLAs verified
Next step
2
Monitor Task Status
Action: Track completion and identify blockers
Waiting
NS
Duration:
Details
  • Auto-remind owners at 48-hour SLA
  • Escalate blockers after 72 hours
Next step
3
Validate Reconciliations
Action: Confirm reconciliations and accruals are complete
Waiting
NS
DW
Duration:
Details
  • Bank, AR, and AP reconciliations confirmed
  • Accrual checklist validated against SOP thresholds
Next step
4
Close Readiness Summary
Action: Publish readiness summary to leadership
Waiting
OL
SL
Duration:
Details
  • Close readiness score and outstanding blockers shared
  • Audit trail of approvals logged