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Documents related to » cfo 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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The Renewed Finance Function: Extending Performance Management Beyond Finance
The role of the finance team has changed recently, due to increased oversight from regulators, more active investors, and company-specific changes in business

cfo benchmarking improving major financial processes  Perspective SAP partnered with CFO Research Services on this study as part of our ongoing effort to better serve our cus- tomers as well as understand how companies are pro- gressing on their financial transformation journey. We had two major goals in sponsoring this research. First, we wanted to gain insight into the challenges and suc- cesses that finance departments are experiencing as they strive to make their operations more efficient and play a more strategic role in the business. Second, we wanted Read More...
New-world Value: The Strategic Impact of Business Application Suites in Today’s Corporate Environment
The concepts of return on investment (ROI) and total cost of ownership (TCO) have been used for decades in enterprise evaluations of IT investments, including

cfo benchmarking improving major financial processes  warns Michael Fillios, a CFO for many years and currently chief solutions officer at BTM Corp., a business technology management consulting firm in Stamford, Conn. What''s changing is the criteria and the weight placed on them: Voodoo ROI is out, and real accounting is in, he says. Although ROI has been the go-to metric that is most understood by CFOs and CIOs, it''s a very internally focused point of view, and that can be myopic, Fillios says. They need a more well-rounded analysis. TCO is another Read More...
Not Small Change: World-class Financial Automation Delivers Dramatic Benefits
Automating finance processes@such as closing the books, reporting, and other labor-intensive processes@reduces finance costs. By streamlining financial

cfo benchmarking improving major financial processes  and fix it, says CFO Paul Sandford. You just can t accept that, it s always been done that way. Standalone No More General Mills disparate systems situation is not unusual. In many organizations, finance is a collection of standalone processes and systems. Typically, employees are manually entering data into financial systems of record. Today s technology eliminates manual consolidation of data from standalone systems, says e5 Solutions Group s Ryan. This automation has a profound impact on the Read More...
CRM for Financial and Insurance Markets Software Evaluation Report
This CRM Software Evaluation Report supports specialized criteria for groups engaged in the financial and insurance markets. In addition to many of the regular

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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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Canadian Financial Executives Research Foundation
The Canadian Financial Executives Research Foundation (CFERF) is the research institute of Financial Executives International Canada (FEI Canada). CFERF studies

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E-Business Suite: Financial Packages Competitor Analysis Report
This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and

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Employee Fraud within Financial Services
Financial service institutions spend thousands of dollars every year on securing their networks from external breaches, but often fail to think about possible

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Case Study: A Financial Products Company


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Business Strategy, Business Processes, and Business Systems
Business strategy, a road map telling us how the business plans to be successful, does not guarantee success. Strategy execution requires business processes

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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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Align Financial Processes and Systems for Better Business Value and Compliance
Financial business process professionals need to coordinate financial process life cycle activities in order to enhance the value of information within the

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POLL: Is Cloud-based Accounting/Financial Software Right for You?
TEC is preparing a new Financial Packages Buyer’s Guide, and we’d like to hear your thoughts on cloud-based finance and accounting software. Your responses to

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Dynamics SL: Financial Packages Competitor Analysis Report
This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and

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