For FloQast users with multiple entities, Close Analytics now includes an "All Entities" view to easily view the progress of multiple entities at once. You can easily navigate between entities and to the All Entities view via the entity navigation in the blue bar atop the page, just below the FloQast logo.
The first thing you’ll notice in this view is the now-familiar gold paceline in the Individual Entity Status section, which has the same at-a-glance value as it does throughout Close Analytics. This time, though, the gold lines show how each entity is uniquely progressing against its close deadlines. For any entity, when the shaded area is to the left of the gold line, that entity is behind pace relative to the due dates in its close process. If the shaded area extends to the right of the gold line, then that close is ahead of pace. If the shaded area extends to the right of the gold line, but it colored orange, that means that as a whole, the entity is operating ahead of pace, but that at least one individual checklist item or reconciliation is in fact late.
The Combined Entity Status wheel view on the left side of the page summarizes how many entities have successfully closed the books, are on track to get there, or are already late.
There’s also a Retrospective view to see the same data for prior periods.
Just like before, Close Analytics gives the controller the tools to get better at the close process by making sense of the close you’re in and simplifying the process of tuning the process for greater performance over time. If you’re seeking to build a culture of continuous improvement on your accounting team, you’ll find Close Analytics an important tool in your toolbox.