Reference scenario
Scenario: month-end close at a manufacturer with quarterly audit
Flow with 3 staff accountants, 1 coordinator, and the Controller, close subject to SOX controls and IRS filing deadlines.
Before
- Close checklist in XLSX sent by email, by day 5 nobody knows who finished
- Reconciliations in a shared spreadsheet with no version control, adjustments overwrite each other
- Auditor requests SOX evidence, team spends 3 days assembling a folder with email screenshots
After
- Each area with steps, deadlines, and visible status, coordinator tracks without asking
- Approval gate blocks P&L until trial balance is reconciled and signed off by Controller
- PDF export with full trail: who did what, when, which adjustment, and who approved