Aico Closing Task manager was created specifically to support finance in dealing with this project on time, proviing a checklist of all relevant tasks, updated in real-time - while aware of holidays affecting the workday schedule. Aico Closing Task manager brings all of your closing tasks into a single, highly efficient digital tool where you can monitor progress, ensure that internal controls are implemented, identify bottlenecks, and harmonise processes across all of your companies.
Simple, configurable closing templates. Choose the data that you and your auditors want to see. Easy to add comments and attachments. Closing tasks can be given priority and risk ratings, and can be assigned to specific users and task groups. Instructions can be included in the template itself, as an attachment, or a hyperlink to an external document.
Automate and standardise all closing tasks across your organisation. No need to run reports manually, just set up a single task to automate an ERP program with dynamic parameters and roll it out to all your companies. The output will be automatically attached to the associated task and the responsible user will be informed when the task is ready. With smart tags, you can dynamically change automation parameters for each company and period, so tasks only have to be set up once.
External robotic process automation (RPA) processes can be monitored, can be scheduled, tracked and their output can be attached to the task. Aico can both intiate RPA processes as well as be initiated by RPA
You can perform and track many different manual tasks during period closing and assign these tasks to specific users with due date and approvals as required.
No need to open or close periods manually for every company – automate period management by defining tasks that open or close periods and sub-ledgers automatically based on predefined schedule and settings.
Both manual and automatic closing tasks can be configured to have multiple dependent tasks. Tasks are monitored and succeeding tasks are opened for execution only after the preceding task has been completed. Start dates and dependencies define the order of tasks. A preceding document must be completed and the start date must have arrived before the processing of a successor document can start.
Automated journal creation
You can define automated tasks to extract ERP data into a template to perform calculations on the data. As a result, an Aico journal is created.
You can create a closing dashboard for monitoring the status of all closing tasks – priority, who is responsible, and whether they are late.