Efficient Year-End closing with SCHNEIDER GROUP

16.10.2025

For many years, SCHNEIDER GROUP has been successfully applying the practice of early year-end closing and annual reporting for its clients and offices in all countries of operation. This process involves preparation, control, and active involvement of clients, which helps identify risks, agree on deadlines, and ensure transparency at all stages. Clear assignment of responsibilities and agreement on deadlines allow to avoid misunderstandings, increase the discipline within the team and contribute to cohesive work with minimal errors.

We start preparing for the year-end closing as early as October; the deadline for completion of all annual reports is 28 February for all SCHNEIDER GROUP’s offices.

Advantages of early year-end closing

Advantages	Description
Process optimisation	Agreement of key points of the process in advance and approval of responsible persons
Time for dialogue	Opportunity to jointly discuss open issues and develop team solutions
Time reserve for force majeure	Management of unforeseen circumstances
Leading analytics	Improved planning and forecasting for the next year, as well as identifying and addressing financial risks at an early stage
Increasing confidence	Increasing investor and creditor confidence, which in turn can improve financing and investment conditions

Key points to close the year at SCHNEIDER GROUP

Client

The tools we use:

Schedule and checklist for year-end closing
Electronic reporting time table for each project
Discussing and resolving open issues with clients in advance
Resource planning
IT Tools to automate routine tasks during year-end closing
Regular monitoring of closing statuses for the entire SCHNEIDER GROUP

In conclusion, the early closing of the year and the preparation of annual statements in advance allow clients to more effectively manage their finances, enhance their business reputation and increase partner trust, as well as improve planning and management processes.