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 cfo consolidated and efficient finance processes

Browse RFP templates

Visit the TEC store for RFP templates that can save you weeks and months of requirements gathering, and help ensure the succes of your software selection project.

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Compare Software Solutions

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

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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 order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today’s leading ERP systems group all traditional company management functions (finance, sales, manufacturing, and human resources). Many systems include, with varying degrees of acceptance and skill, solutions that were formerly considered peripheral such as product data management (PDM), warehouse management, manufacturing execution system (MES), and reporting. During the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The foundation of any ERP implementation must be a proper exercise of aligning customers'' IT technology with their business strategies, and subsequent software selection. 

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Documents related to » cfo consolidated and efficient finance 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 consolidated and efficient finance processes  Major Financial Processes | CFO Consolidated and Efficient Finance Processes | CFO Webcast Financial Process Automation | CFO Optimising Your Financial Processes | CFO Future of Financial Processes | CFO Pay and 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 Read More

The Renewed Finance Function: Extending Performance Management Beyond Finance


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cfo consolidated and efficient finance 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

Enter Enterprise Incentive Management and Incentive Compensation Management


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cfo consolidated and efficient finance processes  the chief financial officer [CFO]) are responsible for accurately accounting for variable compensation costs, especially those associated with sales incentive management. Compliance with the US Sarbanes-Oxley Act (SOX) dictates that organizations accurately and properly account for payments made to individuals based on transactions (a product sale, for example). Given the overall fiduciary responsibility that organizations are exercising, the following business issues clearly need to be resolved: Read More

Building a Best-run Finance Organization: A New Role to Address Today’s Business Realities


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