Ledge

The 5 best finance cheat sheets for a faster and smoother year-end close 👀👇 The year-end close is right around the corner for many finance teams, and it can definitely be a stressful crunchtime of juggling priorities and endless tasks. Want a faster, smoother, and more efficient year-end close? We rounded up 5 of the best resources on LinkedIn created by some of the brightest and best minds in the space to help you close the year without stress. Take a look, and leave a comment if we missed one you think we should add for next time! 1️⃣ Year-end closing calendar by Abdul Khaliq https://lnkd.in/dtb39ufG 2️⃣ Annual financial statements closing checklist by Bojan Radojicic https://lnkd.in/duG6Sfhz 3️⃣ Month-end close vs year-end close by Gary Jain 🚀 https://lnkd.in/dtizZRP8 4️⃣  Faster year-end close in 10 steps by Nathan Liao, CMA https://lnkd.in/d7yAfg_b 5️⃣ The ultimate year-end accounting checklist by NOW CFO https://lnkd.in/dJVV9Z5D

The 10 best finance cheat sheets to help you navigate audit season   👀👇 If audit season puts a big ball of dread in the pit of your stomach, you’re not alone. We rounded up 10 of the best resources on LinkedIn created by some of the brightest and best minds in the space to help you prepare for and navigate audits without stress. We hope that you or someone on your team gets some value and nuggets of wisdom! 1️⃣ Financial audit 101 by Amit Kumar https://lnkd.in/dvssSgMS 2️⃣ The role of audit by Nicolas Boucher https://lnkd.in/dKVFD-iM 3️⃣ Audit or review: Which one is right for you? By Abdul Khaliq https://lnkd.in/dVq7upAw 4️⃣ Internal vs. external audit by Gary Jain 🚀 https://lnkd.in/dE5zFWwx 5️⃣ 5 AI use cases for audit you should implement right now by Alexander Ruehle https://lnkd.in/dBZNrTX3 6️⃣ Auditing receivables cheat sheet by Mark Edmonson https://lnkd.in/dtDTmP5v 7️⃣ Auditing revenue cheat sheet by Mark Edmonson https://lnkd.in/dtDTmP5v 8️⃣ AI for audit by Gary Jain 🚀 https://lnkd.in/dxQFedQf 9️⃣ 4 types of audit opinion by Nevena Miskovic https://lnkd.in/dxGcdtPm 🔟 Resolving audit observations by Abdul Khaliq https://lnkd.in/dNCPDKrb Tag or share with a colleague who you think might appreciate these cheat sheets!

Ledge just got a little facelift  👀 💁🏻♀️ … at least our website did! Visit the new and improved ledge.co to see how you can: ✅ Automate your cash reconciliation in real-time  ✅ Reduce time spent on bank reconciliation by 90% ✅ Achieve 24/7 continuous close ✅ Integrate everything into one powerful platform Check it out 👇 and let us know what you think. We’d love to hear your thoughts!

Audit season is upon us. If that puts a big ball of dread in the pit of your stomach, you’re not alone.  If you’ve ever: 😫 Painstakingly pieced together transaction journeys for audit samples 🫠 Struggled to aggregate data from across many different, fragmented sources 🤯 Managed Excel files so big they take 10 minutes to load … then this webinar is for you. We partnered with CFO Dive and interviewed seasoned finance leaders to hear how you can better prepare for finance season with automation and AI. Tune in to get expert advice from: ⭐️ Sivan Peri, Former VP Finance at Similarweb ⭐️ Angela Shi, VP Strategic Finance at AiDash ⭐️ Kate Reasons, MSA, CPA, Director of Accounting and Operations at Revv We can’t wait to hear what you think!

Reconciliation has never been more challenging, time-consuming, or labor-intensive, especially with the sheer volume of unstructured data that finance teams have to deal with. But dealing with massive amounts of unstructured data is one way AI shines. In a new article, our Head of Customer Success Ira Fridman shares 7 ways AI can dramatically simplify reconciliation, including: 1️⃣ Harness LLMs to automate transaction matching (Rather than spending hours manually cross-referencing transactions across multiple sources and platforms) 2️⃣ Streamline data ingestion, cleansing, and normalization with AI (Instead of correcting endless formatting issues to standardize data from your PSPs, banks, and billing systems)  3️⃣ Unlock intelligent rule suggestions with AI to adapt to your ever-changing business needs (Rather than trying to remember if a transaction should be split across cost centers or chasing complex rules for partial payments) Read the rest of Ira’s recommendations here >> https://lnkd.in/d5xa3X2j 

The month-end close is the bane of many finance teams' existence. We know the process can be painfully time-consuming - but which part is the biggest headache for your team? Share your vote, or leave a comment below!

Finance people, we need to talk about your relationship with Excel. Excel is unbelievably versatile, it’s tried, tested, and true, and it gives finance teams the independence to operate without relying on IT, R&D, or system integrators. But Excel isn’t suited to be the primary way that finance teams manage complex finance operations and high volumes of transactions, and using it that way actually poses significant risks to your business. Our CEO Tal Kirschenbaum outlines 10 of those risks here:  https://lnkd.in/dbkTHXmt When is your team planning on automating reconciliation?

Vote below! 👇

We’re at #SuiteWorld in Las Vegas this week!  🙌 We’d love to see you on the conference floor and talk more about how we integrate with NetSuite. Want to grab coffee? Book a meeting with our CRO Rafe Petkovic — Starbucks on us 😉 https://lnkd.in/dXnKVmt6 Can’t wait to connect!

How Papaya Global reduced manual tasks on bank reconciliation by 90% with Ledge → Papaya Global is the gold standard for paytech technology. Powering global workforce payments in 160 countries worldwide, it was just named as TIME100’s Most Influential Companies and was recognized as CNBC’s Best Startups for the Enterprise. It’s been amazing to partner with Papaya and support them in their mission to power cross-border payroll payments. Papaya’s Chief Business Officer Benny Vazana shares how their finance team automated bank reconciliation and shortened their close from 1-3 days to real-time, 24/7 continuous close with Ledge. Learn how they did it here: https://lnkd.in/drHTJDCB