Rebuilding the Book Close Process for a Mid-Market Manufacturer

The Challenge

The client's month-end close ran almost entirely on spreadsheets, held together by a small number of people who knew where every adjustment lived. Reporting under both Ind AS and US GAAP meant every adjustment effectively happened twice. Nobody disputed that close was slow but

nobody could point to the specific steps that made it slow, which meant every previous attempt to fix it started with a guess

The Approach

• Sumvec's finance practitioners walked the close calendar day by day with the people who actually run it, not just the controllers who sign off on it.

• Every bottleneck was scored on effort-to-fix versus impact-on-cycle-time, turning a list of frustrations into a sequenced roadmap
• The roadmap fed directly into a hands-on orientation workshop, followed by an accounts-payable testing and user-acceptance phase to validate the automation before it touches a live close.