FIS Financial Close Manager

What FIS Financial Close Manager is

FIS Financial Close Manager automates and controls the financial close while collecting information and supporting documents used to certify general ledger balances. Configurable certification models define the stages and activities accounts must complete before approval. Reconciliation models can set approval levels, manual matching logic, write-off rules, and reporting. Listed coverage includes bank accounts, accounts payable and receivable, check reconciliation, credit cards, and internal or suspense accounts. A centralized account inventory and real-time dashboards show close progress and flag deliverables requiring timely attention. The platform accommodates different account risk profiles and supports internal policies and established practices. FIS says its automation is backed by a reconciliation system and artificial intelligence. The product can integrate with leading general ledger and sub-ledger applications. Deployment can be on premises or hosted in FIS’s secure cloud, while the directory lists the platform as self-hosted. FIS describes it for public companies and private enterprises that need to demonstrate account completeness and accuracy. Pricing is available only by contacting FIS. FIS traces its roots to Systematics, founded in 1968, and is headquartered in Jacksonville, Florida.