Case study
A month-end close in eleven days at a freight broker
Month-end close cut from 26 days to 11, with a cash forecast the owner reads every Monday.
A freight broker, 45 people
Took: One quarter
What happened
The books closed 26 days after month end, so every decision was made on numbers a month old.
The delay was three handoffs: carrier invoices arriving by email, a spreadsheet re-keyed by hand, and approvals waiting on one person. We moved invoices into the system the team already had, removed the spreadsheet, and gave approval to two people with limits.
The close now takes eleven days, and the owner gets a twelve-week cash forecast every Monday.
