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Month-end close benchmarks for 2025

This report explores how long the month-end close process actually takes, where teams are getting stuck, and what finance leaders can do to close faster without compromising on accuracy.

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Put your close on
auto-pilot
with agentic AI

Ledge’s agentic AI turns the close checklist into an intelligent workbench. Reconciliations, journal entries, working papers, and flux start pre-completed by AI agents — so your team begins with review, not prep.

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Trusted by finance teams who want faster closes, stronger controls, and fewer late nights

Real results, powered by AI agents

>95%
Time saved on manual reconciliation
>50%
Faster exception resolution
~2+
Days accelerated close

Stop rebuilding spreadsheets
‍
Let AI agents handle the work for you

Close faster with fewer people

By the time the team opens the checklist, many close tasks are already complete. AI agents pre-populate reconciliations, journal entries, and working papers, allowing teams to complete the close in fewer days and without adding headcount.

Keep your books always current

AI agents apply cash, post recurring entries, and reconcile balances daily. Month-end becomes a roll-forward instead of a fire drill.

Get earlier time to insights

AI agents handle the heavy lifting across the close, so finance teams spend less time on prep and more time driving the business forward.

Stay audit-ready by default

Every reconciliation, journal entry, and working paper is tied to source data automatically. The result: fewer gaps, less auditor back-and-forth, and a lower-risk close.

AI agents across your close

Close management
Account reconciliation
Complex journal entries
Intelligent cash application

Close management

The checklist itself is agentic: tasks come pre-completed with draft working papers, reconciliations,  JEs, & flux, with risks flagged automatically, and approvals tracked in-platform.

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Account reconciliation

Reconcile accounts by matching transactions across systems - bank, ERP, PSP, internal or other - by entity, GL account, and currency. Automatically.

For controllers managing multi-account or multi-entity close processes with manual Excel dependency.

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Complex journal entries

Automate intercompany, FX, fee, and accrual entries, with finance-owned logic and built-in approvals.

For teams doing all the JE prep in Excel because NetSuite doesn’t handle the complexity upstream.

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Intelligent cash application

AI agents match incoming payments to open invoices, even with missing, messy, or multi-source remittances.

For AR teams buried in PDFs, emails, and portal exports.

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See Ledge in Action

How Papaya Global Revolutionized Their Bank Reconciliation

Read the Case Study
90% reduction in time
24/7 continuous close
Improved customer experience

From checklist to close powered by AI agents

How it Works
 Import your checklist

Start instantly by bringing your existing close checklist into Ledge

AI prepares the close for you

Reconciliations, journal entries, working papers, and flux explanations come pre-populated with data and draft work — so you never start from scratch

Review and approve with context

Tasks open with evidence attached and exceptions flagged, so your team can focus on review, edits, and approvals instead of manual rebuilds

Keep records up to date and audit-ready

Entries post directly to your ERP, reconciliations tie out continuously, and every record links back to source data with a complete audit trail

Close Complete

Built for finance teams who want more time back

CFOs & VPs

Get board-ready numbers days sooner and trust balances mid-month

Controllers

End “all hands on close.” Start with the close already done

Finance teams

Trade spreadsheet grunt work for focused review

AR & billing

Keep AR aging accurate with daily AI-powered cash application

Add a team of AI agents

Cut close time and grunt work, without adding headcount

Book a demo

Ready to close faster with AI agents on your side?

See how Ledge transforms your checklist into an intelligent close workbench

Book a demo
Ledge

We're on a mission to automate and simplify finance operations for teams working at scale.

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