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Speeding up the financial close in manufacturing and distribution

Manufacturing & Distribution Executive Summary

CFOs within manufacturing and distribution companies are prioritizing efficiency more than ever. Many are moving from manual processes to cloud-powered automation to speed up their financial close, get insights quicker, and free up time for high-value work.

Learn where the distribution and manufacturing industries are headed, and what to expect over the next 2 years.

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Key findings…

  • The average CFO at a manufacturing and distribution organization spends 40% of their working time closing the books.
  • Every month, those with the most automation close 4.5 days faster than those with the least.
  • This gives them over twice the amount of time to focus on meaningful work.

Drive and deliver growth with Sage

Ready to optimize financials, planning, and inventory flow? Simplify operations and drive efficiency from the shop floor to the back office with Sage.

  • Automate complex processes from accounting to the warehouse, including inventory management, purchasing, and sales.
  • Automate operations to optimize efficiency, reduce costs of goods sold, and save time.
  • Spot opportunities and drive informed decision-making with comprehensive data-driven insights.
  • Enhance collaboration and efficiency throughout your organization.
Find out more about Sage for Distribution