Finance leaders are under a new kind of scrutiny. Regulators now want to understand the processes that produce clean financial statements. With 72% of material weaknesses sitting in the financial close layer, and two in three SEC enforcement actions now naming individuals directly, reconciliation has quietly become one of the highest-stakes processes in the finance function.
Yet 84% of organizations still run it manually, at a time when 83% of employers say they can't find skilled finance staff to do it.
Join Adem Turgut, Managing Director, Reconciliation, for Closed Books, Open Risk. This 35-minute session focuses on why reconciliation has become a governance and audit exposure issue, and what leading organizations are doing about it.
Understand the structural difference between closing the books and being able to prove how you closed them.
From the Macy's $151 million concealment to MAS prohibition orders against individual executives, explore the enforcement landscape that is making reconciliation a personal liability issue for CFOs, controllers and senior accountants.
Walk through what a governance-grade reconciliation process looks like in practice: continuous rather than month-end and audit-ready by default.
See how BlackBull Markets achieved an 80% efficiency gain reconciling across 20+ payment service providers, and how 7-Eleven Philippines reduced reconciliation from days to minutes.
Leave with a clear next step grounded in where your current process is most exposed.
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