FIS Financial Close Manager is a comprehensive, single platform solution designed to automate and control every step of the financial close process. It empowers organizations to efficiently capture all necessary information and supporting documentation required to certify general ledger account balances for each close period. Leveraging an industry-leading reconciliation system and artificial intelligence, the platform offers configurable best practice models for certification processes, enabling businesses to streamline their financial close while consistently adhering to and demonstrating robust control levels. The solution helps structure and control the financial close by accommodating various risk profiles across different account types, enforcing best practices, and ensuring conformity to internal policies. It also automates matching and balancing activities, facilitating the creation of common standards that are easy to maintain and deploy across various business lines. For deployment flexibility, FIS can host Financial Close Manager in its secure cloud environment, providing a reliable and managed service.

Features & Benefits

• Structured & Controlled Financial Close
  • Accommodates risk profiles between different account types, enforcing best practices and conforming to internal policies.
• Automated Matching & Balancing
  • Creates common standards that are easy to maintain and roll out across business lines.
• Flexible Cloud Deployment
  • Leverages FIS's secure cloud for hosting, providing a managed service.
• AI-Powered Reconciliation
  • Backed by an industry-leading reconciliation system and artificial intelligence for configurable best practice models.
• Comprehensive Documentation
  • Captures all information and supporting documentation needed to certify general ledger account balances.