For our team, the best thing we did was assign task ownership within the accounting process so we knew who was responsible for each aspect of tasks needing to be completed. If you are still hitting bumps in the road while completing them, I recommend checking out fractional cfo services to optimize your setup!

Establishing firm cutoff dates for expense reports, invoices, and other documentation is crucial, otherwise it is a huge drag to get the right information to close out reporting properly. Enforce this and make it a policy and it will go smoother.