Monthly Close Narrative Drafting
Quick WinMonthly Close Narrative Drafting to improve decision quality and speed.
The Pain
Finance teams handle monthly close narrative drafting across OPEX, CAPEX, and project spend where timing and safety constraints matter. Work often depends on turnarounds, logistics costs, and price volatility, but the inputs sit in multiple systems and arrive late. Teams spend time reconciling data instead of making decisions, and gaps show up when plans change quickly.
What's Possible
AI can support monthly close narrative drafting by pulling data from ERP, procurement systems, and project cost trackers and highlighting patterns. Teams move from manual compilation to review, validation, and scenario testing. Outputs update as operational conditions change, so decisions stay aligned to current reality.
Signals This Is Worth Exploring
Monthly close narrative drafting relies on manual tracking or spreadsheets
Critical inputs arrive late or require manual reconciliation
Exceptions create rework when plans change
Decision makers do not trust the data without extra checks
Impact
30 to 50 percent reduction in time spent on monthly close narrative drafting
Faster decisions when operational conditions change
Fewer errors and rework in monthly close narrative drafting
Clearer visibility into OPEX, CAPEX, and project spend priorities
Typical Approach
Assess
Map the current monthly close narrative drafting workflow, data sources, and pain points.
Pilot
Test with a limited scope and measure accuracy, time saved, and exceptions.
Scale
Expand across teams with monitoring, feedback, and integration into existing tools.
What to Watch Out For
Data quality issues can limit accuracy
Process owners need time to trust new outputs
Integrations with existing systems take effort
Rules and thresholds must be maintained as conditions change
Questions to Think About
Before we talk, you might want to consider:
What volume and cadence does monthly close narrative drafting run on today?
Which systems hold the source data and approvals?
Who reviews and signs off on outcomes?
What exceptions cause the most delays?
Build On This
Once the basics are working, you can expand:
Exception analytics
Identify the most common drivers and reduce rework
Scenario testing
Compare options before changing plans
Workflow integration
Embed outputs into existing tools and approvals
Want to explore if this fits your organization?
Book a 30-minute call to discuss your situation and whether this use case makes sense for you.
Book a 30 min call