Halden Group
Halden Group closes four entities on BD3 and signs every entry.
NetSuite
Maya Chen
BD9
→
BD3
3.1d
Median close, down from 9 days
3,418
Bank lines in October, matched by BD1
38
Accrual entries drafted with evidence
The close, before and after
Halden Group runs four entities on NetSuite with a finance team of seven. Before Sieve, October closed on BD9 and the tie-out lived in one spreadsheet that only one person understood.
Sieve agents now pull the bank feeds overnight, pair 3,418 lines by BD1 and draft the 38 accruals with the usage reports attached. Maya Chen reviews what is left on BD3 and signs.
The agent that prepares an entry never approves it. Every entry reaches the ledger with its evidence and the name of the person who signed it.
On record
I used to spend BD3 hunting for the problem. Now I spend it signing.
Maya Chen
Controller
Locked
Period
signed
