Based on 11 CloseCore reviews. Data from multiple systems can be centralized into a single repository
Management
Financial information can be imported from multiple sources such as spreadsheets, text files, or databases 11 reviewers of CloseCore have provided feedback on this feature.
Accounting
Match invoices, payments, and bank statement information 11 reviewers of CloseCore have provided feedback on this feature.
Reporting (3)
Report Types
Based on 11 CloseCore reviews. Provide multiple types of reports such as point-in-time snapshot reports, or year over year
Standard
Offers standard financial reports out of the box This feature was mentioned in 11 CloseCore reviews.
Custom
As reported in 11 CloseCore reviews. Allows users to edit reports and to combine multiple reports
Closing Process (3)
Audit
As reported in 11 CloseCore reviews. Creates workflows to assign tasks for audit and inspections, monitor work in progress, timelines, and approvals.
Journal Entries
Adjusts journal entries in order to have an accurate balance sheet and income statement 11 reviewers of CloseCore have provided feedback on this feature.
Distribution
Financial statements and statistical reports (such as KPI) can be assembled into financial packages 11 reviewers of CloseCore have provided feedback on this feature.
AI - Financial Close (5)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Compliance
Uses AI to ensure the following of rules and creates detailed audit trails which helps compliance and audit preparation.
Reconciliation
Uses AI to match transactions across accounts and systems, and flag exceptions and discrepencies.
Data Collection
Uses AI to extract, clean, and validate financial data from disparate sources, while identifying errors and inconsistencies.
Analysis
Generates AI-assisted financial reports and provides thorough analytical insights.
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