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Software Functionality Revealed in Detail
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 cfo connection financial processes

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Financial Packages

Financial packages encompass modules for bookkeeping and making sure that accounts are paid or received on time.  

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Documents related to » cfo connection 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 your financial processes stands at the heart of a broader initiative known as governance, risk, and compliance (GRC). Learn why embedding the components of GRC within your financial processes can help you track financial flows and alert you when things might go awry.

cfo connection financial processes  Financial Management Solutions | CFO Connection Financial Processes | CFO Ease Financial Processes | CFO Discover Easy-to-Use Solutions | CFO Financial Processes to Extend | CFO Efficient Finance Processes | CFO Financial Processes Applications | CFO Standardizes and Integrates Financial Processes | CFO Organize Your Financial Processes | CFO Finance Department Processes | CFO Major Financial Processes | CFO Financial Processes Deliver Transparency | CFO Accelerates Financial Processes | CFO Integrate Read More

Agresso + CODA, VITA + Link (+ CODA 2go): What's the Sum? - Part 2


Part 1 of this blog series described Unit 4 Agresso’s (or Agresso in further text) dual product strategy following its acquisition of CODA in 2008. The post then went on to analyzing (and reinforcing if you will, given a number of previous blog entries on the same topic) the post-implementation agility capabilities of Agresso Business World (ABW) [evaluate this product]. The blog post attempted

cfo connection financial processes  other areas relevant to CFOs, such as financial analysis , financial consolidation , cash management (through the acquisition of OCRA ), and financial governance solutions/business process control. This has enabled CODA to cross-sell these solutions to existing customers and even to organizations that do not necessarily use CODA’s financial management applications. However, the effort has not realized significant increases in revenue. For more on these events, see TEC ’s 2005 series entitled “ Read More

Thou Shalt Comply (and More), or Else: Looking at Sarbanes-Oxley


Compliance with the US Sarbanes-Oxley Act (and a slew of other regulations) is crucial for all businesses, as failure to comply with the law’s strict standards and policies can spell disaster for executives and upper management of any enterprise.

cfo connection financial processes  again, chief financial officers (CFOs) would moan that they had failed to meet expectations due to a lack of visibility. These executives would frequently blame major events that they could not have predicted as the cause of poor quarterly performance. Either a key customer cancelled a major order unexpectedly; major product lines were becoming obsolete (and non-marketable); or suppliers were ramping up prices due to a shortage of raw materials. Increasingly, however, CFOs are being called upon to give Read More

Microsoft Dynamics and the 2007 Microsoft Office System: Integration Highlights


Business management solution users spend most of their time “heads down” in the business application, but they also need to use communication and desktop productivity tools. Thus, business solutions need familiar, easy-to-learn user interfaces. They need to be “process-centric” and role-based. And they need to provide a bridge between the worlds of structured business applications and unstructured desktop productivity software.

cfo connection financial processes  improved. For example, a CFO needs the most recent details about the company’s cash flow situation or expenses for a given reporting period. Using Office SharePoint Server 2007 and Microsoft Dynamics, a summary of key performance indicators (KPIs) for sales can be displayed on the executive dashboard in real time and can be accessed using a Web browser. As a result, the CFO has the information needed to make decisions, and can easily “drill down” on any summary-level information to review the Read More

The Demo Crime Files!


This article is part of the continuing education all software demonstrators need to ensure their fundamental skills remain sharp. It points out three common “crimes” made in demonstrations, how to recognize them, and suggests alternative approaches.

cfo connection financial processes  the chief financial officer (CFO), was thoroughly impressed with your system. You have 15 minutes of allotted time remaining. You can summarize the demonstration and attempt to close the order, or you can show your budgeting capabilities. You decide now is the time to bring in your big guns. Bill, you begin, one of the things I love about our software is the ability to produce, manipulate, report, and graph budgets. Many of our customers think this is the feature that makes our software better than Read More

GMS Accounting and Financial Management System


The GMS Accounting and Financial Management/Reporting System integrates all accounting activity into an entity-wide system. The GMS Accounting system is not sold as separate modules, but rather as a package containing all the necessary functions to run your not-for-profit on a daily basis. Our underlying system design is entity-wide, providing you an integrated accounting system that performs all accounting activities. Systems are available in a 1–2 user version, a 3–4 user version, and a 5-or-more user version, either in Access or SQL Server applications. GMS has add-on software that can be purchased in addition to the basic package, including accounts receivable (AR), purchase orders (POs), direct deposit, fixed assets, and report writer. GMS also has a myriad of additional supplements to enhance your reporting features and that fit specific applications within your agency. GMS is designed to handle activity accounting. It is not a fund accounting system, but a grant and contract accounting system created and written specifically to account for grants, contracts, and activities. Key features include compliance with Financial Accounting Standards Board (FASB) 116 and 117 (requirements that all not-for-profit organizations follow); accounting, reporting, and budget monitoring for multiple grants and contracts, even if they have differing funding periods; multiple ways to handle important cost allocation issues for common costs, general and administrative costs, indirect costs, fringe benefits, leave costs, and various specialized cost pools; and a variety of ways to comply with all major Office of Management and Budget (OMB) Circulars. Our clients are exclusively not-for-profit and public organizations. They range in size from two to more than 1,000 employees.      

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Customer Process Management Drives Profitability in Financial Services


As competition in the financial sector increases, many financial services providers are seeking ways to improve customer service and profitability through process efficiency. By developing rich integration between customer data and allowing that data to be managed by the business users, customer process management (CPM) enables financial services organizations to adapt to changing market demands and maximize their competitive edge.

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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 financial management issues.

cfo connection financial processes   Read More

Vendor Spotlight: GMS Accounting and Financial Management System


In this spotlight report, TEC Research Analyst Aleksey Osintsev examines GMS Accounting and Financial Management System, which was specifically designed for not-for-profit organizations. Learn all about GMS’s customers and marketing positioning, and how the software addresses the challenges for not-for-profit accounting. Also featured is a high-level overview of GMS Accounting and Financial Management System functionality.

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The Rising Financial Importance of Service


For the Best-in-Class, service is a profit center and a competitive differentiator. As a result, these organizations are yielding soaring financial results. Download this infographic from the Aberbeen Group and see how organizations can win by providing best-in-class service to their customers.

cfo connection financial processes  field service,filed service management,FSM software,Best-in-Class,best-in-class service,best-in-class field service,ServiceMax Read More

Spotfire Financial Analytics


Spotfire provides visual analytics software for the financial industry. Spotfire Financial Analytics gives users the ability to visually interact with their data, asking questions to reveal hidden patterns and biases. Users can easily change views, filters, and queries. Users can share sessions with colleagues or export them to applications like Word, Excel, PowerPoint, and Adobe Acrobat.  

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SAS Financial Intelligence


SAS financial intelligence provides capabilities for the finance department, built on a single platform. Capabilities include integration and cleansing of all financial data, budgeting, forecasting, scorecarding, simulation, risk management, and more.

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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. Companies have to address these processes in a responsive, flexible way. However, this cannot be achieved simply by optimizing local activities. Multiple activities from different departments must be synchronized, toward the overall goal of increasing organizational profitability.

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