Solution — CFO Close Week

Month-end close in 5 days. Not 11.

MarqX automates the full close-week workflow — from data ingestion to reconciliation to audit-ready reporting. Finance teams stop chasing exceptions and start making decisions.

11 → 5

days to close (avg across 8 deployments)

94%

reconciliation auto-match rate

47

avg exceptions vs 300+ manual

The problem

Why close week still takes 11 days

14 disconnected source systems

ERP, CRM, Shopify, banking portals, and spreadsheets each export data in different formats. Day 1 is always normalization.

Manual transaction matching

Analysts spend Days 2–5 matching orders to payments to bank credits. One wrong mapping and the whole chain breaks.

Exception management chaos

Unmatched transactions surface on Day 6. Hunting down the source — wrong account, fee deduction, timing delta — takes another 3 days.

Audit trail assembled at the end

Audit evidence compiled after the fact from emails and exports. When auditors push back, re-compilation starts.

How MarqX does it

The automated close workflow

Day 1–2
CONNECT

CONNECT pulls everything

Shopify orders, Razorpay payments, ICICI bank statements, and ERP data normalized into one schema automatically.

Day 2–3
RECONCILE

RECONCILE matches 94%

Auto-matching runs continuously. 94% of transactions matched. The 6% that need review surfaced with pre-diagnosed context.

Day 3–4
OBSERVE

OBSERVE flags exceptions

Anomaly detection groups unmatched transactions by likely cause. One-click resolution paths cut exception work from days to hours.

Day 4–5
GOVERN

GOVERN closes the period

Every match, override, and approval logged with reviewer identity. Period locked. Evidence pack generated for audit.

Day 5
DELIVER

DELIVER the close report

CFO dashboard shows P&L, reconciliation status, and exception summary. Drill to source data in two clicks.

Proven outcomes

From 8 enterprise CFO deployments

30–60% time reduction

Across all 8 deployments, close time reduced between 30% and 60% depending on current tooling complexity.

120–200 hours saved per month

Finance teams reclaim 3–5 weeks of analyst time every month — redirected to analysis, not reconciliation.

SOC 2 evidence on demand

No more week-long audit preparation. GOVERN generates evidence packs in minutes.

4–9 months to positive ROI

Break-even reached from eliminated SaaS costs plus reduced labor hours. Average 6 months.

Ready to close faster?

Book a 30-minute demo and see the full close-week automation in action.