Close Automation

14-day close to 3 days. $180K overtime eliminated.

Tech Company · Series B · 120 employees · Michael Rosenberg · 2026
14→3
Close days before and after
$180K
Annual overtime eliminated
87
Close tasks mapped and classified
34
Tasks fully automated

The situation

A Series B technology company's finance team was exhausted. Every month-end was a 14-day sprint — the controller and two senior accountants working nights and weekends just to get books closed. Annual overtime cost was running $180,000. The CFO knew it was unsustainable. Headcount was growing, complexity was increasing, and the close wasn't getting shorter.

The company had been quoted $320,000 by a consulting firm to "redesign and automate" the close. The project timeline was nine months. They called us instead.

The diagnosis

We started by mapping every single close task — not at a high level, but at the granular level that actually drives elapsed time. We identified 87 distinct tasks in the close cycle, from the first journal entry on Day 1 to the final CFO sign-off on Day 14.

We then classified each task into three categories: fully automatable (no human judgment required), AI-assisted (judgment required but AI can draft), and human-only (requires professional judgment and cannot be automated). The breakdown was striking: 34 tasks were fully automatable, 28 were AI-assisted, and 25 required human judgment.

The build

We designed and built automation for the 34 fully-automatable tasks first, targeting the highest time-consumers:

  • Automated journal entry routing: system rules handle 80% of recurring entries without human touch
  • Automated reconciliation alerts: system flags variances above threshold, controller reviews only exceptions
  • Real-time close status dashboard: every task shows green/yellow/red status, no more status meetings
  • Automated accrual calculations: prepaid amortization, deferred revenue, and fixed asset depreciation run automatically
  • Intercompany elimination: automated matching and elimination entries

For the 28 AI-assisted tasks, we built AI drafting workflows that produce first-draft journal entries, reconciliations, and flux analysis — the accountant reviews and approves rather than creating from scratch.

"The controller used to manage close with a spreadsheet and prayer. Now she manages it with a dashboard and a coffee."

The outcome

First close after deployment: 5 days. By the third close: 3 days. Annual overtime eliminated. The controller now describes the close as "almost boring" — which is exactly how a close should feel. The CFO reclaimed her weekends and the finance team stopped dreading the last week of every month.

Total engagement cost: $18,500. Annual savings: $180,000 in overtime plus immeasurable improvement in team morale and retention risk.

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