Overview

Adra Task Manager is designed to improve visibility and control over the financial close process. It acts as a central hub where accounting teams can manage their tasks, ensuring everyone knows their responsibilities at each step. By standardizing task lists and controls within a central library, Adra Task Manager brings clarity and efficiency to the financial close. The software offers centralized checklists and task libraries, providing a single source of truth for managing the entire process. This ensures that each team member understands their role, boosting morale and eliminating confusion, all without the need for constant calls or meetings. Built-in separation of duties and robust internal controls allow managers to assign work with confidence, reassigning tasks as needed to prevent delays and bottlenecks. When integrated with the Adra Suite, Task Manager further simplifies the close process by automating system-prepared parent tasks and subtasks. This integration streamlines workflows and enhances overall efficiency.

Features

• Centralized Checklists and Libraries: Build standardized task lists with clear instructions to create ownership and accountability. Organize documents effectively by creating folders for accounts receivable, accounts payable, accruals, cash, and other major accounts, eliminating clutter. Document policies and procedures to ensure universal adoption.
• Built-In Dashboards: Present data visually to communicate information clearly and efficiently. Dashboards provide real-time feedback and actionable insights, enabling managers to monitor progress anytime, anywhere, and identify issues that need immediate attention.
• Notifications and Alerts: Provide transparency into the close process, making it easier for users and managers to collaborate efficiently. Notifications and alerts automatically trigger when a task is completed, and comments are archived to streamline communications.

Benefits

• Improved visibility into the financial close process
• Increased accountability and ownership of tasks
• Streamlined workflows and reduced confusion
• Enhanced collaboration among team members
• Better internal controls and separation of duties
• Real-time feedback and actionable insights via dashboards
• Efficient communication through notifications and alerts
• Reduced risk of delays and bottlenecks
• Faster and more efficient financial close