Datarails Month-End Close is a purpose-built solution that transforms how finance teams manage the month-end process—from start to sign-off. It offers structured workflows, centralized reconciliation tools, and summary dashboards that provide real-time visibility into close progress. Designed for audit-readiness and compliance, the platform enables finance professionals to close their books faster, with greater consistency, transparency, and control.

Features

• Workflows Customizable checklists that reflect your ideal close process. Assign task owners, set deadlines, and track completion status to ensure accountability and efficiency.
• Reconciliation Management Centralized view for all account reconciliations. Includes version history, approval workflows, and sign-off tracking. Built for audit-readiness and compliance.
• Month-End Summary Dashboard Get a bird’s-eye view of your close progress. Track task status, reconciliation completion, and blockers in real time.
• Task Management Flexible workflows and native collaboration tools to streamline task tracking and execution.
• File Connectivity Supports both internal and external file sources, ensuring seamless data integration.
• Variance Analysis Conduct variance analysis directly in Excel and through interactive dashboards.
• Integrations Secure, ERP-ready integrations with no IT burden. Easily connect to your existing systems.
• SOX Compliance Includes version control, audit trails, and approval tracking to support Sarbanes-Oxley compliance.
• Excel-Native Interface No need to change your current setup. Continue using your existing Excel spreadsheets and models.

Benefits

• Faster Close Cycles Structured workflows and real-time dashboards help teams close books more quickly and efficiently.
• Improved Visibility & Control Centralized reconciliation and task tracking provide transparency across the entire close process.
• Audit-Ready Compliance Built-in version control, approval workflows, and sign-off tracking ensure readiness for audits and regulatory reviews.
• Seamless Collaboration Assign tasks, track progress, and collaborate across departments without leaving the platform.
• No IT Dependency Easy to implement and maintain with secure integrations that don’t require IT support.
• Excel Continuity Finance teams can continue working in Excel while benefiting from automation and enhanced visibility.