Executive Summary
Video Title: Live Q&A With DOKKA: How can you accelerate the close process?
Format: Live Q&A with audience questions
Duration: ~2 minutes
Speakers: Eric Edelstein (Co-founder, DOKKA), Omar Kleijer (VP of Product, DOKKA Close)
In this live Q&A session, the DOKKA team answered real-world questions from finance professionals about how to automate Accounts Payable and Financial Close workflows while maintaining control, auditability, and flexibility.
This video is part of the webinar “A Deep Dive Into Accounting Automation“. It is designed for CFOs, Controllers, AP Managers, and Accounting Ops teams looking to reduce close cycles, increase visibility, and move beyond spreadsheets.
How can you accelerate the close process?
How can you speed up the financial close? By running reconciliation and close in parallel, automating end-to-end workflows, and using AI to suggest solutions based on past cases. Modern tools make the close process faster, smarter, and more connected.
Transcript
One way to accelerate the close process is by creating tighter integration between activities that are often managed separately. Traditionally, companies treat reconciliation and financial close as sequential steps — first closing, then reconciling. With today’s technology, these can run in parallel, eliminating unnecessary delays.
Automation now makes it possible to connect tasks across sales, inventory, distribution, order entry, financial accounting, treasury, and banking into a seamless, end-to-end workflow. While special teams may still step in for specific cases, overall collaboration can be streamlined through integrated workflows, chat tools, and automated email triggers.
Artificial intelligence adds another layer of value by suggesting solutions based on past cases, enabling teams to resolve issues more quickly and further accelerating the close.