Financial Reporting

Accurate monthly reports land in the right hands on time, without anyone spending hours copying figures between spreadsheets.

11 hrs
Time saved/month
12
Companies have mapped
Map This Automation

About This Automation

Financial reporting means reconciling accounts, building statements, and packaging results for stakeholders every close cycle. Doing this by hand across spreadsheets and accounting records is slow and prone to entry errors that surface only after distribution.

An automated version reconciles transactions, generates the statements from a single source of truth, and flags variances before a package is built. Reports reach stakeholders faster with fewer corrections and a clearer audit trail.

Key features
Pull bank and credit card transactions automatically for reconciliation
Flag uncoded or mismatched entries for quick review
Generate profit and loss, balance sheet, and cash flow statements from one reconciled data set
Compare current results against prior month and budget automatically
Highlight variances that exceed a set threshold before distribution
Assemble a formatted board package ready for review and sign off

How The Automation Works

The full workflow, from trigger to completion.

1. Month-End Close Triggertrigger

Automation starts automatically on the first business day after each period closes, or on a set weekly cadence for flash reporting.

2. Run Ledger Reconciliation

Pulls bank and credit card transactions, matches them against the ledger, and flags uncoded items.

3. Log Reconciled Trial Balance

Stages the reconciled trial balance and any flagged exceptions for the statement-building step.

4. Run Financial Statement Builder

Generates the P&L, balance sheet, and cash flow statement from the reconciled trial balance using the standard templates.

5. Run Variance Review & Distribution

Compares the new statements against last month and budget, flags anything over the set threshold, and drafts the board package.

6. Controller Reviews Flagged Package

Controller checks any flagged variances and approves the package before it goes out.

7. Email Report Package

Sends the approved statements and board package to the owner, investors, or board members.

8. Post Completion Notice

Notifies the finance channel that the month's report is live and where to find it.

4 reasons to map this process

1

It's completely free

No credit card, no commitment. Map your process and walk away with a full build plan.

2

You get a complete build plan

A visual process map, automation spec, delivery timelines, and everything needed to build it, customized to your workflow and tools.

3

You see your real numbers

Custom pricing, ROI projection, and payback timeline based on your actual process, not industry averages.

4

There's no obligation to build

Your build plan stays in your workspace with no expiry. Move forward whenever the timing is right.

Recommended for you

Other high-impact processes teams commonly map alongside this one.

Frequently asked questions

Everything you need to know before mapping this process.

This template is a starting point based on how other businesses handle this type of work. When you map your process, you describe exactly how your team does it and the automation is built around your workflow, not a generic template.

View more FAQs
Estimated Time Saving
11hrs/month
Process pain:8.1/10
Mapped by:12 Companies

Map this to your business to get your exact numbers.

Map This Automation

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