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Documents related to » cfo finance department processes


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 finance department processes  Chapter 1: The Strategic CFO Over the last decade, finance executives have evolved from serving primarily as chief accountants to becoming more closely engaged with business unit managers. Rather than focusing on keeping a historical record of company activity and performance, CFOs and their teams are providing advice, counsel, and decision sup- port to business managers on a broader array of finan- cial and operating activities. While the role of the finance team varies with the unique requirements of Read More...
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

cfo finance department processes  Your Financial Processes | CFO Finance Department Processes | CFO Major Financial Processes | CFO Financial Processes Deliver Transparency | CFO Accelerates Financial Processes | CFO Integrate Administrative and Financial Processes | CFO Better Manage Financial Processes | CFO Continuous Process Improvement | CFO Process Improvement Qualifications | CFO End-to-end Processes for Financial | CFO Financial Activities and Processes | CFO Unified Financial Processes Streamline Operations | CFO Financial Read More...
Best Practices in Creating a Strategic Finance Function
Many chief financial officers (CFOs) have started to take on new strategic roles. Their goals are to enforce stricter controls to ensure legal and regulatory

cfo finance department processes  particularly with budget One CFO admitted, Until we began to appreciate the importance of simplicity in thinking through our finance function and making it more strategic, we did not realize the way that technology can help you deal with complexity, and allow you to achieve the strategic goals finance should achieve. ABOUT APQC AND THE OSBC RESEARCH The OSBC research helps executives benchmark within their industry as well as with best-in-class organizations with comparable processes. Spear- headed by Read More...
Beyond Boundaries: A New Role for Finance in Driving Business Collaboration
The current global economic instability means firms have to quickly adapt to business conditions. This uncertainty may increase companies’ reliance on business

cfo finance department processes  Services (a unit of CFO Publishing Corp.) conducted a research program among senior finance executives in the United States, Europe, Asia, and Australia to examine these shifts. Through an electronic survey and a series of interviews in each region, we looked at what kinds of alliances companies are forming, and how finance sees itself working with internal and external partners to establish and assess successful alliances. Our research revealed three major themes: Companies are managing performance and Read More...
Building a Best-run Finance Organization: A New Role to Address Today’s Business Realities
One company executive has a growing influence in today’s boardroom@the chief financial officer (CFO). And the role of the finance organizations that these CFOs

cfo finance department processes  these studies also offer CFOs the metrics needed to assess their own company’s success. Agile Optimizing Finance to Maximize Efficiency Like best-run operations everywhere, more and more finance organizations are looking for ways to streamline their processes. Automation is an obvious strategy. By automating transactional processes, top finance performers are lowering the cost of financial activities, reducing errors, and increasing turnaround speeds. In fact, benchmarking studies reveal that top Read More...
SAP Ushers In Simple Finance on HANA Enterprise Cloud
At its SAPPHIRE NOW 2014 mega conference, SAP declared war on complexity, in many ways. One example is the introduction of SAP Simple Finance, a set of

cfo finance department processes  new real-time insights for CFOs and finance departments that were not easily achievable before, such as for planning, analysis, accounting, consolidation, treasury, financial operations, risk, and compliance. SAP HANA unifies transactions (OLTP) and analytics (OLAP) to streamline and eliminate cycle times and reconciliations of the data, which allows month-end book-closing activities to go from traditional tedious batch to real-time processing. HANA also makes possible rapid planning and forecasting combi Read More...
Why Are You Afraid of (Re) Defining Business Processes?
We all are—except consultants who praise the importance of business processes, but sometimes don’t practice what they preach. Business processes can be simply

cfo finance department processes   Read More...
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

cfo finance department processes  financial risk,risk financial,compliance risk,compliance and risk,risk compliance,risk and compliance,it risk and compliance,operation risk,governance risk,risk and governance,risk management in banks,risk management in business,finance risk management,compliance in banking,governance risk compliance Read More...
The Practical Realities of Automating ETO Business Processes
Today, engineer-to-order (ETO) manufacturers—also known as project-based manufacturers—experience significant market pressure across their sales, engineering

cfo finance department processes  business process,business method,business process management,bbusiness management,business process modeling,business process trends,business process change,business process diagram Read More...
Aligning a Manufacturing Vision with Processes through Mixed-mode ERP
Manufacturing organizations are under pressure to anticipate customer requirements and to quickly respond to an increasing array of changing market demands

cfo finance department processes   Read More...
LyondellBasell: Centralizing Processes To Improve Learning and Development
With 17,000 employees in plants worldwide, LyondellBasell Industries is one of the world’s largest polymers, petrochemicals, and fuels companies. To develop and

cfo finance department processes  SAP,LyondellBasell,training,proposal,crm,reporting,erp,project management,system management,data warehousing,management training,change management,learning management suite,lms,training program Read More...
Finding the Right BPM Tools for Workflow and Project-Based Processes
When it comes to business process management (BPM), it makes sense to “look before you leap.” Organizations considering using BPM to automate or streamline

cfo finance department processes  BP Logix,business process management,process management,bpm,business process optimization,business process automation,bpm business process management,siebel analytics,bpm methodology,business process bpm,business intelligence reporting,enterprise reporting,business process managment,bpm modeling,bpm model Read More...
Finance Executives on the Value of Technology Investment for Midsize Companies
Once you are able to provide people easy access to a little bit of information, they start asking for more—which ultimately sets a foundation for leveraging

cfo finance department processes  IBM business analytics,IBM Cognos business analytics solutions,tecnhology ROI Read More...

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