<img height="1" width="1" style="display:none;" alt="" src="https://px.ads.linkedin.com/collect/?pid=94228&amp;fmt=gif">

The 12 Days of Year-End Close

The end of the calendar year is an interesting time for those working in Accounting and Finance.  Of course, there’s the excitement and rushing around to get ready for the December holidays. But for most organizations, it’s also the end of the annual budgeting process and the start of the year-end financial close and reporting process.  Both of those processes can bring a lot of extra work and stress to layer on top of the holiday-related stress. 

End of Financial Year 2019

Many of us here at OneStream came from the Accounting and Finance profession and have experienced the complexity and stress of annual budgeting, year-end close and other time-consuming tasks.  And we have made it our life’s work to help ease the pain and stress of these processes for our customers through the OneStream XF platform and our XF MarketPlace of productivity and business solutions.   

So for those of you who haven’t made the leap from spreadsheets and legacy CPM applications to OneStream’s unified platform, here’s a little year-end gift.  This is a song written by one of our team members, Terese Wylie, that will hopefully lift your spirits as you start the year-end close process.

The 12 Days of Year-End Close (sung to the tune of The 12 Days of Christmas)

On the first day of Year-End Close my CFO said to me “We should have licensed OneStream.”

One the second day of Year-End Close my CFO said to me, “We have Two more topside entries and we should have licensed OneStream”

One the third day of Year-End Close my CFO said to me, “Three subs have not submitted, we have Two more topside entries and we should have licensed OneStream”

One the fourth day of Year-End Close my CFO said to me “Four managers are leaving, Three subs have not submitted, we have Two more topside entries and we should have licensed OneStream”

Audit

One the fifth day of Year-End Close my CFO said to me “Five Irritating Auditors! Four managers are leaving, Three subs have not submitted, we have Two more topside entries and we should have licensed OneStream”

On the sixth day of Year-End Close my CFO said to me “Six IT supports are ignoring me, Five irritating auditors! Four managers are leaving, Three subs have not submitted, we have Two more topside entries and we should have licensed OneStream”

On the seventh day of Year-End Close my CFO said to me “Seven spreadsheets are not linking, Six IT supports are ignoring me, Five irritating auditors! Four managers are leaving, Three subs have not submitted, we have Two more topside entries and we should have licensed OneStream”

Year End Close

On the eighth day of Year-End Close my CFO said to me “Eight formulas are causing errors, Seven spreadsheets are not linking, Six IT supports are ignoring me, Five irritating auditors! Four managers are leaving, Three subs have not submitted, we have Two more topside entries and we should have licensed OneStream”

 On the ninth day of Year-End Close my CFO said to me “Nine accounts are out of balance, Eight formulas are causing errors, Seven spreadsheets are not linking, Six IT supports are ignoring me, Five irritating auditors! Four managers are leaving, Three subs have not submitted, we have Two more topside entries and we should have licensed OneStream”

Yeah End Close

On the tenth day of Year-End Close my CFO said to me “Ten accountants are crying, Nine accounts are out of balance, Eight formulas are causing errors, Seven spreadsheets are not linking, Six IT supports are ignoring me, Five irritating auditors! Four managers are leaving, Three subs have not submitted, we have Two more topside entries and we should have licensed OneStream”

On the eleventh day of Year-End Close my CFO said to me “Eleven reports are not tying, Ten accountants are crying, Nine accounts are out of balance, Eight formulas are causing errors, Seven spreadsheets are not linking, Six IT supports are ignoring me, Five irritating auditors! Four managers are leaving, Three subs have not submitted, we have Two more topside entries and we should have licensed OneStream”

On the twelfth day of Year-End Close my CFO said to me “Only 12 months to our next year-end close, Eleven reports are not tying, Ten accountants crying, Nine accounts out of balance, Eight formulas are causing errors, Seven spreadsheets are not linking, Six IT supports are ignoring me, Five irritating auditors! Four managers are leaving, Three subs have not submitted, we have Two more topside entries and WE SHOULD HAVE LICENSED ONESTREAM!”

Happy New Year everyone! And feel free to contact OneStream if you need help relieving the stress of your next year-end close.

John O'Rourke

John O’Rourke is Vice President of Product Marketing at OneStream Software. With a background in accounting and finance, John has over 30 years of experience in the software industry, including 20 years of experience in product marketing at Hyperion Solutions, Oracle and Host Analytics. He has worked with many customers and partners on financial reporting and planning initiatives and has spoken and written on many topics in corporate performance management. John has also held positions in strategic marketing and product marketing at Dun & Bradstreet Software, Kenan Systems and Decisyon.

Related Posts