NetClose - Tasks Overview
Task management is an essential part any company's close process. By having a clear and concise set of tasks, company's can get a better grasp on where they need to allocate resources throughout their month-end, quarterly, or annual close. Often times, individual employees will have their own close checklists that they need to complete. However, without a centralized set of tasks, it can be difficult for management to assess whether all tasks are being complete and if they are being done so in an efficient and effective manner.
NetClose Tasks will provide you with a centralized checklist of activities that need to be completed for your month end close or any other business processes your company has. This will allow you to track what tasks have and have not been completed, how much time you are spending on certain tasks, as well as who is completing certain tasks. This provides your company with the resources need to make sure your close process is operating effectively, while at the same time providing a place where task preparers can see what tasks they need to complete.
Additionally, the Tasks Module within NetClose provides a platform for communication between preparers and reviewers of tasks. Each task will have a place where notes can be added. Email notifications can also be set up to inform preparers and reviewers if they have been assigned new tasks, or if there have been updates to existing tasks. Steps can also be added to these tasks to ensure that the process is documented so it can be performed the same way on a monthly basis, even if the preparer were to change.
Below are some of the Key NetClose Tasks Capabilities with links that will provide further information about how you can use tasks to ensure you have an efficient and effect close:
- Generate Monthly Tasks
- Create Task Dependencies
- Create Steps for Tasks
- Assign Tasks to Preparers
- Assign Reviewers
- Assign Task Classifications
- Assign Due Dates (Relative or Absolute)
- Set up Non-Working Day Calendars
- Set up Email Notifications for tasks (Standard or Custom)