2025-02-23

AI Won’t Fix a Broken Month-End Close—But Here’s What Will

Many finance leaders today are looking for an AI-driven solution to transform their month-end close. They want automation to eliminate inefficiencies, speed up reporting, and reduce errors.

The reality? AI is not a magic bullet.

For companies that have spent the last decade neglecting process standardisation, harmonisation, and automation, AI won’t be the shortcut to transformation—it will only expose underlying weaknesses.

The principle of garbage in, garbage out still applies.

Poorly structured processes, fragmented data, and lack of governance will continue to deliver poor results, even with AI.

Bridging the Gap Between Today and AI-Enabled Finance:

Before leveraging AI, companies must first assess and improve their existing finance operations. That’s where my Digital Maturity Self-Assessment for the Record-to-Report process comes in. It helps finance teams evaluate where they stand today and identify the concrete steps needed to evolve.

Jumping from manual chaos to AI-driven finance isn’t realistic. The path to efficiency starts with:

✅ Process Standardisation – Aligning workflows, roles, and controls to ensure consistency.
✅ Data Quality & Structure – Ensuring accurate, reliable financial data that AI can actually work with.
✅ Automation & Integration – Reducing manual dependencies and harmonising systems.
✅ Governance & Continuous Improvement – Building a finance function that is scalable, compliant, and ready for AI.

AI thrives in structured environments. Companies that fail to modernise their core finance processes will find AI frustrating rather than transformational.
If you’re unsure where your company stands, let’s talk.

My Digital Maturity Self-Assessment provides a structured framework to help finance leaders make the right investment decisions—before wasting time and money on technology that won’t deliver results.

👉 Comment Assessment under this post and I will email you your complimentary copy. Take the assessment today and future-proof your finance function.

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