Falnor / Solutions
Month-end close automation: everything still open, in one place, before the deadline
Month-end is a hunt: which bills are missing, which payments are unmatched, which accruals nobody posted. Falnor builds a system that assembles the close pack through the month, lists what is still open with the evidence, and leaves the judgement calls to your finance team.
Book a discovery callWhy the close takes so long
The close is slow because the inputs are scattered. Bills sit in inboxes, payments sit unmatched, and the people who know the answer are busy with something else. The work is chasing, not accounting.
- Missing supplier bills are found at the last minute.
- Bank lines are unmatched because the reference is wrong.
- The close checklist lives in a spreadsheet that one person maintains.
What the system does through the month
It watches the inputs as they arrive so the close is a review, not a hunt. It builds on Xero, Sage or NetSuite. Supplier bills follow accounts payable automation.
Tracks what is expected
Recurring bills, accruals and other expected items are listed from last month and the contracts, and checked off as they arrive.
Matches the payments
Bank lines are matched to what they settle. Anything unmatched is listed for a person instead of guessed at.
Assembles the close pack
Open items, differences and the evidence for each are collected in one view for your finance lead.
Records the review
Each adjustment is logged with who approved it and why.
Your accountant keeps the judgement
The system starts read-only, showing what it would do on your real cases before it does anything. It takes over one task at a time, once it is right at least 9 times in 10. Anything unusual, large or hard to undo waits for a named person, and every step is recorded. Treatment, adjustments and anything that changes what the accounts say stay with your accountant.
Works with the software you already use
We build on your own tools instead of asking you to move. Common starting points:
- Xero
- Sage
- NetSuite
- SAP
- Microsoft Dynamics
We work with businesses in the US, the UK and Europe.
Questions people ask
What can be automated in the month-end close?
Chasing missing bills, matching payments, tracking recurring items and assembling the open-items list. Adjustments and judgement calls stay with your accountant.
Does it post journals?
Only after a named person has approved them, and only once it has been right on your own cases.
Does it replace our accountant?
No. It removes the hunting so the review is quick, because the evidence is already attached.
Which accounting systems does it work with?
Xero, Sage and NetSuite are common starting points. Tell us what you use on the discovery call.
How is it priced?
A named process is scoped first, then built at a fixed price agreed in writing before any build starts. The guide to how automation projects are priced explains the parts.
Which countries do you work in?
We work with businesses in the US, the UK and Europe. The system runs on your own software, so your data stays where it is.