Case Study
Symmons Industries Inc Reduces Its Reconciliation Prep Work By Over 30%
Case Study: Symmons Industries Inc Symmons Reduces Its Reconciliation Prep Work By Over 30% Founded in 1939 and headquartered in Braintree, MA, Symmons Industries, Inc. is a premier manufacturer of durable, reliable, and beautifully designed plumbing fittings for commercial, custom, and residential applicatioons. Symmons’ account reconciliation process was increasingly burdensome, exhausting both time and resources within the finance department. Each month, the team spent substantial time getting through the close and balance sheet reconciliations, resulting in: • Untimely monthly submissions • Cumbersome document retrieval process • Unclear chain of command • Over-burdened email inboxes • Uncoordinated preparation and review process • Challenging offline review process The CFO w