Our Close-the-Books, Finance, IT and Human Resources Review Report is an audit tool designed to enhance operational efficiency and control across critical business functions. It provides a detailed evaluation of financial close processes, payroll systems and organizational structures, leveraging the capabilities of enterprise tools. This report identifies key challenges, such as inefficiencies in manual journal entries and gaps in user training, while recommending actionable improvements like automating recurring tasks, enhancing training programs and implementing robust internal controls. By benchmarking current practices against industry standards, this tool empowers organizations to streamline workflows, reduce errors, and improve data accuracy for timely and reliable financial reporting.

In addition to financial operations, this report delves into human resources and IT processes, offering insights on optimizing recruitment, employee feedback mechanisms and system access controls. It highlights the importance of aligning organizational structures with strategic goals and ensuring compliance with policies to mitigate risks. This audit tool also emphasizes leveraging technology for automation, scalability and integration, enabling organizations to transition from manual, error-prone methods to efficient, data-driven decision-making. Packed with expert observations and tailored recommendations, this tool is indispensable for businesses seeking to refine their finance, HR and IT operations while achieving greater transparency and accountability. Unlock the full potential of your organization by exploring the complete report.

Audit findings in this report include:

• There is a relatively high number of manual journal entries during the fiscal year.
• The direct deposit file is an editable text file that is manipulated prior to being uploaded for direct deposit processing.
• The master listing is maintained outside of PeopleSoft and is based on prior financial software.
• Ongoing and refresh training are not provided to users to promote consistency within application usage and utilization growth within users.