White papers related to "Financial Close"
world-class financial close process. The issues are with the processes, people, and technology barriers to a financial close.
Related to Financial Close: Accounting and Financial Management, Budgeting, Financial Planning, and Analysis, Business Process Management, Data Management and Analysis, Gain/Loss Reporting, Tax Preparation and Reporting, SAP
And we compressed the monthly financial close from 20- plus days to 5.
Related to Financial Close: Customer Service and Support, Inventory Management, Supply Chain Management (SCM), SAP, Management of Companies and Enterprises, Management, Scientific, and Technical Consulting Services
, ERP systems) the financial close period and associated reports and statements, and HR, benefits and payroll administration.
Related to Financial Close: Accounting and Financial Management, Budgeting, Financial Planning, and Analysis, Business Process Re-engineering, Enterprise Accounting, Enterprise Management, Executive Views, Management Practices, Practices and Business Issues, Risk Management, Standards and Compliance, Strategy, Corefino
Reconcile to report: Predelivered, automated controls for subledgers, general ledgers, and consolidation systems eliminate manual controls, streamline the financial close process, and help ensure the accuracy of financial results.
Related to Financial Close: Accounting and Financial Management, Compliance Management/Sarbanes-Oxley Compliance, Regulatory and Compliance, Risk Management, SAP
dramatically save time in their financial close process. Companies have implemented solutions such as the BusinessObjects™ Intercompany application to improve the flow of communication during the intercompany reconciliation process, removing this process from the financial close critical path and improving the quality of data.
Related to Financial Close: Accounting and Financial Management, Business Intelligence (BI), Business Performance Management (BPM), Compliance Management, Compliance Management/Sarbanes-Oxley Compliance, Enterprise Performance Management (EPM)/Balanced Scorecard, Payment, Clearing and Settlement Systems, Regulatory and Compliance, SAP
CFOs, finance departments, and business managers are able to utilize applications that cover the following critical areas: Strategic management of resources – Optimize efficiency by aligning enterprise strategy with individual, functional, and divisional performance measures and establish goals, initiatives, and key performance indicators (KPIs) that are linked and truly reflect the desired strategic goals of your organization Planning, budgeting, and forecasting – Efficiently manage and
Related to Financial Close: Accounting and Financial Management, Business Performance Management (BPM), Compliance Management/Sarbanes-Oxley Compliance, Consolidation Statements and Performance Reporting (CS-PR, Aggregation), Regulatory and Compliance, Risk Management, Tax Compliance, SAP
Nucleus found that companies readily identified productivity improvements for employees in their finance or accounting departments: "Automating the budgeting and financial close process improved the productivity of my five accountants by about 20 percent.
Related to Financial Close: Balanced Scorecard, Budgeting, Financial Planning, and Analysis, Business Intelligence (BI), Business Performance Management (BPM), Data Management and Analysis, Enterprise Performance Management (EPM)/Balanced Scorecard, Gain/Loss Reporting, IBM
Customers migrating from un-integrated legacy and custom accounting systems and moving to one central accounting system with NetSuite can expect to accelerate financial close times by 20 percent.
Related to Financial Close: Accounting and Financial Management, Customer Relationship Management (CRM), Enterprise Application Integration (EAI), Enterprise Resource Planning (ERP), Practices and Business Issues, Return on Investment (ROI), NetSuite
Conversion benefits range from streamlined financial close, reconciliation, and reporting, to improved financial compliance in multiple markets.
Related to Financial Close: Accounting and Financial Management, Accounts Payable (A/P), Accounts Receivable (A/R), Business Process Management, Enterprise Management, Enterprise Resource Planning (ERP), Executive Views, General Ledger, Government and Legal, Management Practices, Multinational Accounting, Standards and Compliance, Tax Compliance, Technology Evaluation Centers, Manufacturing
It supports the full array of top-down and bottom-up financial and operational planning needs, as well as the consolidation processes necessary to ensure a timely financial close.
Related to Financial Close: Business Process Management, Business Process Re-engineering, Change Management, Practices and Business Issues, Product Lifecycle Management (PLM), SAP
In addition, companies are gaining efficiencies by streamlining the period-end financial close.
Related to Financial Close: Accounting and Financial Management, Business Process Automation, Business Process Management, Enterprise Accounting, Practices and Business Issues, SAP
Enabling Finance Executives to Manage Risk and Compliance The chief financial officer (CFO) , responsible for financial and regulatory compliance and enterprise liquidity, needs software solutions to manage fundamental financial processes such as accounts payable and financial close.
Related to Financial Close: Business Process Automation, Business Process Management, Change Management, Enterprise Resource Planning (ERP), Management Practices, Return on Investment (ROI), Service Oriented Architecture (SOA), SAP
And so those solutions, I mean, they have significant capabilities with regard to consolidation practices and processes, managing the financial close process, intercompany eliminations, et cetera, and should really serve as the foundation for statutory reporting.
Related to Financial Close: Business Performance Management (BPM), IBM
More than half of the companies in this study have completed or are currently executing projects to standardize their charts of accounts, to streamline their financial close processes, or to simplify/standardize core finance processes.
Related to Financial Close: Accounting and Financial Management, Business Performance Management (BPM), Data Management and Analysis, SAP