Enterprise Success Story: How Signify Transformed Financial Close Processes with Aico

Key Takeaways

Signify achieved a 99.9% success rate in journal management, with 118,500 journals created, posted, and approved after implementing Aico's solutions.

The implementation provided real-time reporting with dashboard refresh rates of just 15 seconds, significantly improving efficiency.

Aico's solutions led to a 30% reduction in obsolete tasks and enabled a 58% automation rate for BSAR's auto sign-offs, showcasing substantial operational improvements.

Signify enhanced efficiency and quality control across over 100 company codes by utilizing Aico’s modules, achieving a 99.9% success rate in journal management, real-time reporting with 15-second dashboard refresh rates, a 30% reduction in obsolete tasks, an increase of 250-350 additional reconciliations per company code, and a jump to 58% automation in BSAR sign-offs.