What your board report actually costs.
Most charter finance teams rebuild the board financial package by hand every month. Move the three numbers below to see what that costs in staff time each year. The math runs in your browser.
If more than one person does the work, use their average loaded rate, not the sum.
132 hours a year assembling board reports by hand.
Half of finance teams still take six or more business days to close, and 94% still run the close in Excel. Ledge State of Month-End Close 2025.
Email me my board-report cost summary plus the 5 steps to automate it.