Guides, deep dives, and perspectives from the Lunari team — written by people who have run the close, built the infrastructure, and implemented the software.
The 10-day close is not a people problem. It is a data problem. Every day of the close is spent chasing information that already exists — in a different system, in a different format, owned by a different team.
The standard is clear in theory. In practice, step 3 (determining transaction price) and step 4 (allocation to performance obligations) are where most finance teams lose weeks every quarter.
Every accounting software vendor claims AI. Most of them mean a rules engine with a better marketing team. Here is how to tell the difference — and why it matters for your audit.
Three-way matching is conceptually simple: PO, goods receipt, invoice. In practice, the data lives in three different systems, the tolerances are inconsistent, and the exceptions queue never empties.
Prepared-by-client requests are the most predictable part of an audit. The auditors ask for the same things every year. Yet most finance teams spend three weeks pulling evidence from systems that were never designed to be audited.
Bank feeds, FX positions, intercompany balances — the data exists. The problem is that it arrives in batch, gets processed overnight, and by the time the CFO opens the dashboard, it is already stale.
Balance sheet reconciliations are the longest part of the close for most teams. Not because the accounting is complex — but because the data assembly is. Here is what changes when the data is already assembled.
Automated transaction coding is not new. What is new is doing it with enough confidence that you can lock the period without a manual review queue. Here is how the Rules Engine works — and how it learns.
A step-by-step guide to restructuring your close process — from 10 days to Day 1.
Everything your finance team needs to implement revenue recognition correctly the first time.
How to evaluate AP automation vendors — and what questions to ask before you sign.
One email per month. No product updates. Just clear thinking about the close, revenue recognition, and the future of finance operations.