Overview

Close Management is a task-based and continuous process-improvement application that gives you full control over your financial close cycles and streamlines your workflow.

You can reduce time, errors, risks, and costs because bottlenecks are identified, key metrics and measures are captured, and an audit trail is maintained.

You can have a complete view of relevant data in a collaborative environment by using the tools that help you define your company’s close process.

See the Financials Setup and Administration Guide.

Integration of Close Management with other Infor applications

If you use Close Management with Financials, then you can leverage existing setup data, specifically Global Ledger companies.

Close Management also integrates with Company System Control to automate the monitoring of subsystem close activities. Administrators can associate Company System Control records with Close tasks, enabling subsystem Close events to automatically update and complete related tasks. This integration improves visibility and reduces manual tracking during the Close process.