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Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » benchmarking improving major financial processes


Managing Risk through Financial Processes: Embedding Governance, Risk, and Compliance
Initiatives to automate and streamline financial processes often focus more on reducing costs than adding value. Adding the kind of value you should have in

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4 Steps to a Best-run Business
To promote fast growth, small businesses often sacrifice process control for creativity. But sooner or later, unstructured creativity compounded by fast growth

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Perfect Orders: Improving Customer Satisfaction and Financial Results
Manufacturers and distributors must keep two groups satisfied—customers and owners. They are connected—what improves the satisfaction of one group can impact

benchmarking improving major financial processes  the perfect order connected? Benchmarking studies conducted by AMR Research show a correlation between improved perfect order performance (using an index similar to the one defined above) and overall corporate results. The research shows that raising the perfect order score by 5 percentage points results in a 2.5% improvement in return on assets. A 3% improvement in the perfect order score correlates with a 1% increase in profit margin, and a 2% jump in the perfect order score shows a 10-cent increase in Read More...
Benchmarking ERP in SMB
Many small companies have limited resources to devote to the implementation and maintenance of enterprise resource planning (ERP). Fortunately, the price

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The Financial Close: Optimizing Performance and Driving Financial Excellence
“Financial close” is a company’s ability to complete accounting cycles and produce financial statements for internal management and external legal reporting@and

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Financial Packages RFI/RFP Template
General Ledger, Accounts Payable, Fixed Assets, Cost Accounting, Cash Management, Budgeting, Accounts Receivable, Financial Reporting, Project Accounting

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The Case for Integrated Processes
Most chief executive officers (CEOs) have developed strategies that push their companies to achieve certain goals. So why are so many companies failing to

benchmarking improving major financial processes  a business process management benchmarking study in 20052, investigating how integrated business processes create value. The results corroborate and expand upon the premise. Integrating end-to-end processes more positively aligns technology with business needs. Six Sigma experts have determined that process redesign cannot succeed without underlying infrastructure. The reason: In order for the company to track the impact of process redesign on productivity, it must have the data about inputs and outputs Read More...
Implementing Document Workflow Processes
Any process that takes place involves workflow. Whether that process is limited to a single individual or multiple people, a series of steps is completed during

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Financial Planning: Mastering the Key Value Drivers
In business, planning plays a fundamental role in analyzing and forecasting key financial data. While forecasting future events is one benefit of planning, it

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Case Study: Financial Services Industry
The company is a financial services group with operations in banking, investment management and insurance. To maintain the profitability of its credit card

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2011 Buyer''s Guide to Accounting and Financial Software
Learn more about theadvantages of the new generation of finance and accounting systems in The 2011 Buyer''s Guide to Accounting and Financial Software...

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On the Road to Compliance: Linking Processes and Documents
The US Sarbanes-Oxley Act has significantly impacted budgets, personnel allocation, business processes, and documentation. But leveraging a technology solution

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TEC 2012 Financial Software Packages for Medium and Large Enterprises Buyer''s Guide
Accounting and financial management is one of the most mature enterprise software markets, but that doesn’t mean it’s stopped evolving. TEC analyst Aleksey

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Lawson Opportunity Analyzer: Managing Processes with a Purpose
Business strategy execution requires the control and automation of complex processes, and the ability to quickly analyze data relevant to the enterprise

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Oracle Financial Analyzer to Hyperion Planning Migration
This paper focuses on identifying the similarities and differences between Oracle Financial Analyzer (OFA) and Hyperion Planning (HP). For users who are

benchmarking improving major financial processes   Read More...

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