Your Journals Know Where the Close Is Broken
How manual accruals, provisions, reclasses, and reversals reveal hidden R2R process debt – and where finance should automate next
Learn how to identify hidden process debt, move beyond basic journal automation, and build a smarter, more efficient close.
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Most finance teams treat manual journals as close work to approve, post, and document faster. But recurring manual journals are usually signals of deeper R2R process debt: fragmented source data, late handoffs, spreadsheet calculations, unclear ownership, policy interpretation, weak master data, and controls applied after the work has already happened.
This webinar reframes journal entries as a diagnostic layer of the close. In this webinar, you'll see how leading enterprises have been able to achieve a more harmonized and automated month-end close, including lessons learned from tackling process complexity, data quality, accruals, reconciliations, and journal entry readiness. Redwood will then build on that story with a fresh perspective: your journal population is a diagnostic map of where the close is still carrying hidden process debt.
Key takeaways include:
- How to identify hidden process debt
- The importance of going beyond basic posting automation
- A prioritization roadmap for classifying journal exposure and prioritizing impactful automation
Speakers
Aaron Veach
Executive Director, Finance Transformation
Redwood Software
Aaron Veach is an Executive Director, Finance Automation with Redwood Software, providing finance transformation and accounting automation to strengthen and transform organizations. With a strong background in finance processes through market-leading automation platforms, his experience spans across many disciplines, giving him a holistic view of organizations: global pre-sales solutioning, partner alliances, sales operations, customer experience, project management, and sales training and enablement. Aaron's responsibility at Redwood Software is to help clients to identify pain points and evaluate their impact on organizations, and then to build out strategies for their finance transformation journeys. He brings over 25 years of experience as an accomplished professional with global experience as an individual contributor, manager, and strategic leader for leading technology companies.
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