Symptoms
- Finance team consistently working late to meet deadlines
- Reliance on manual journal entries for reclassification
- Delayed financial reporting to stakeholders
Root Causes
- Inefficient transaction processing routines
- Lack of automated bank reconciliation
- Unoptimised nominal ledger structure
Sage 200Banking Platforms
Impact: Increased audit risk, delayed business decisions, high finance team burnout.
Cogent Approach: We streamline transaction capture, implement automated reconciliation rules within Sage 200, and standardise month-end procedures to accelerate the close.