END OF YEAR SCRAMBLE:
How finance leaders can create calm in year-end chaos
A guide for finance leaders on taming year-end close with precision, clarity, and a flexible workforce.
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Key takeaways
Two months gone: In 2025, finance teams will waste more than 60 days a year on routine close tasks—time no CFO can afford.
Talent crunch at 87%: Research indicates nearly 9 in 10 finance leaders are struggling with shortages—making outsourcing and flexible talent models a must-have strategy, not a backup plan.
The 10-day close: Benchmarks show best-in-class teams now wrap their books in under 10 days—with more accuracy, less stress.
Alignment beats adrenaline: The real calm under pressure comes from proactive alignment—not last-minute reaction. Build it in before the calendar flips.
For many finance leaders, the year-end close isn’t just a deadline—it’s a test of systems, priorities, and alignment. In 2025, half of finance teams still take six or more business days to close the books each month—amounting to over 72 business days spent annually just on repetitive reconciliations and reporting instead of driving strategy. (CFO)
Year-end doesn’t have to feel like a scramble. The teams that handle it best start early—aligning stakeholders, tightening processes, and investing in the right blend of talent, strategic support, and technology. The result is a predictable, efficient close instead of a last-minute fire drill.
Top year-end close pressures
Manual, fragmented processes slow everything down
The core problem isn’t the tool you’re using. It’s the lack of alignment between systems, teams, and ownership. Friction can be reduced by standardizing workflows, automating recurring tasks, and outsourcing repeatable execution so teams can focus on judgment calls, not cleanup.
~94%
of teams rely on Excel during close, and 50% cite spreadsheet dependency as a key delay driver. (Ledge)
20-50 hrs/month
are lost to reconciling fragmented systems—often across 3 to 5 tools—adding to the year-end burden for finance teams. (CFO)
To enhance year-end close success, proactive budgeting and cross-functional collaboration are as critical as technical precision.
According to Highspring’s Agility Index, 70% of organizations have siloed departments, and this structural barrier leads to delays, duplicated work, and breakdowns during high-stakes periods like budget season.
In fact, executive leadership and HR are among the most siloed functions, at 74% and 71% respectively. Strengthening collaboration not only expedites budget preparation but also eliminates friction and drives unified, agile responses to new demands.
Teams are stretched thin, and accounting talent is scarce
The issue is one of capacity design rather than hiring alone. Lean teams are being asked to deliver more with less, while expectations keep rising. Rethinking the talent model, through interim experts, offshore talent, and contract specialists, creates the flex to absorb tactical work while keeping core teams focused on strategic priorities. That’s agility at work: stabilizing execution without adding permanent overhead.
87%
of finance leaders report critical talent shortages, and open roles have surged 150% in one year. (CPA Practice Advisor)
96%
of investor-backed finance leaders already work with a third-party finance & accounting partner.
(Consero Global)
94%
are testing or using AI in finance, with 62% planning to increase AI investment over the next 12 months.
(Consero Global)
As explored in recent Highspring insights, “By the end of 2025, it’s predicted that there will be a shortfall of more than 200,000 CPA positions in the U.S., with the number of people taking the CPA exam at its lowest point in 17 years.” This reinforces the imperative for finance leaders to rethink capacity with agile workforce models. Interim experts, managed service providers, and flexible outsourcing ensure scalable execution no matter talent marketplace volatility.
Trust in financial data is eroding
Building trust in data requires alignment first, not just better reporting. Without standardized controls, integrated systems, and accountable ownership, data loses its reliability. Establishing reconciliations, variance tracking, and embedded controls gives you confidence in your numbers and keeps year-end from becoming a fire drill.
Year-end isn’t an island—it’s cumulative risk
What feels like December chaos is actually the accumulation of everything leading up to it. Missed reconciliations, inconsistent controls, and cross-department silos compound into a last-minute sprint. The fix is structural: embed audit readiness into monthly close, automate reconciliation where it helps most, and make cross-functional alignment a habit so December feels routine, not reactive.
- Over half of finance leaders report re-opening books due to manual errors and late or incorrect data. Late-arriving data, manual cleanup, and audit surprises only reshape the mess. (Zone & Co)
- Year-end bottlenecks frequently stem from late/incorrect data and interdepartmental coordination gaps, which pile up across Q1–Q3. (Ledge, Safebooks)
How finance leaders create calm
Proactively strategize a year-end strategy
Building a resilient Q4 resourcing plan means going beyond headcount alone: it’s about designing for agility so you can flex up or down as financial priorities emerge.
Hire interim controllers, SOX specialists, or reconciliations experts to relieve pressure and maintain pace without long hiring cycles or permanent overhead. Highspring’s Agility Index finds that only 31% of enterprise organizations can quickly find the right skills to meet new challenges.
Organizations that align talent strategies with their business objectives are 12% more likely to remain profitable and respond to market shifts. Having a dedicated partner who understands your business context provides instant capacity and expertise right where you need it.
Stabilize execution with dependable, cost-effective resources
Outsource routine work such as reconciliations, payroll, invoice processing, or reporting to eliminate bottlenecks and maintain high accuracy. This frees your core team to focus on high-value projects and analysis, all without increasing headcount or fixed costs. The result is a more agile organization: you scale up capacity as needed, keep operations lean, and empower your experts to drive transformation, not just transactions.
Embed audit readiness year-round
Don’t wait for external audit season. Build continuous controls and documentation into monthly close routines to eliminate last-minute crises. Embed audit readiness by integrating documentation into every step of your monthly and year-end close. Best-in-class organizations create continuous controls by documenting processes, owners, exceptions, and approvals as part of routine operations. This proactive stance transforms an audit from a fire drill into a predictable checkpoint, and is a signature of high-agility teams who learn, adapt, and improve through each cycle.
Leverage automation & AI-enhanced tools
A successful digital transformation rests on reliable, standardized data architecture. Despite the hype around digital tools, the real differentiator is having the operational discipline to clean and standardize data beforehand. Organizations that prepare their data are ensuring accuracy, consistency, and accessibility that can unlock the true power of automation, AI, and continuous close. Data readiness is the first step toward effective transformation. Without it, technology investments fall flat.
- • About 31% of organizations actively use AI in record-to-report processes, with another 39% in early stages of adoption. (CFO)
- • High-performing teams (top 25th percentile) close year-end in 10 days or less—nearly double the speed of average performers. (CFO)
Free your team to focus on strategic finance initiatives
With operational burden lifted, your team can turn its attention to high-impact work like FP&A, ERP upgrades, carveouts, reporting enhancements, or M&A without last-minute scrambles. Shifting capacity this way ensures that critical projects get the focus and expertise they deserve, driving greater business value and more confident financial leadership.
Our recommendation
Year-end shouldn’t set the pace. When ownership is clear, controls run continuously, and capacity flexes where work repeats, the close becomes predictable and your team gets time back for decisions that matter.
Start with alignment, then make a few targeted moves:
Set a month-end checklist, including owners, dependencies, approvals, and dates.
Anchor reconciliations to subledger cutoffs and run monthly trend/variance reviews.
Shift repeatable execution (reconciliations, report prep, payroll) into managed run support.
Automate where it moves the needle: transaction matching, journal entry packages, exception alerts.
Where Highspring fits: we help design the operating rhythm, add interim specialists when demand spikes, stand up managed services for repeatable work and deploy pragmatic automation. The result: a cleaner close, fewer reopens, a calmer team, and more time for FP&A, ERP improvements, carveouts, and board reporting.
If this reflects what you're seeing, let's turn it into action.
We’ll pressure-map your close, surface the changes that unlock speed and reliability, and align support to your timeline. Pressure doesn’t build clarity. Alignment does.
What to do next
You don’t have to guess where misalignment is hiding. Highspring’s Agility Index offers a diagnostic view into how well your teams and systems work together when conditions change.
If you're seeing the signs, start there. We can help you close the gap with strategic advisory, interim talent, and systems alignment support.
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