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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...
Bean Counter to Business Leader: 5 Strategies for the CFO
The role of the chief financial officer (CFO) is evolving, but due to pressures to meet financial reporting requirements, there’s still a strong pull toward

cfo finance department processes  an opportunity for the CFO — and by extension the Finance department — to take on a value added role. Anyone in any area of a company where automation was introduced will tell you that it does not decrease their workload, but what it does is to enable greater productivity and more value added activities. In the Finance area, when a company moves from manual or disjointed processes for budgeting, consolidation, and forecasting, to an enterprise business performance management solution, the result 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...
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...
Programs, Processes and Practices: Planning Implementations and Evaluating Systems
No company has ever fully evaluated the entire product that they are buying, time does not permit such a complete evaluation. Few people really track how well

cfo finance department processes  implementing software,software implementation,software selection,selecting software,software evaluation,business Processes,business people,Program Gaps,Process Gaps,Practice Gaps,Planning Implementations,Evaluating Systems,purchasing software Read More...
Finance as Analytical Partner to the Business
When major economies are constrained, business leaders find their growth engines stuck in low gear. At times like these, financial leaders need to collaborate

cfo finance department processes  as Analytical Partner to the Business When major economies are constrained, business leaders find their growth engines stuck in low gear. At times like these, financial leaders need to collaborate more closely with their operations counterparts and drive precision in performance management.A 2012 survey by Bloomberg Businessweek Research Services analyzed the views of C-level and line-of-business executives around the world on the drivers of operational performance and the types of new information Read More...
Brookshire Grocery Company: Automating and Integrating HR Processes
Headquartered in Tyler, Texas (US), retailer Brookshire Grocery Company implemented a human capital management (HCM) solution to integrate and automate its

cfo finance department processes  SAP,Brookshire Grocery Company,hr,crm,motivation,job description,erp,project management,outsourcing,payroll,human resources,humanresources,hcm,risk management,job vacancies Read More...
ITIL Service Support Processes in Record Time
To establish optimal service and support conditions, the case company, Naviair, chose to adapt and implement information technology infrastructure library (ITIL

cfo finance department processes  itil implementation,service and support conditions,itil implementation plan,itil implementation roadmap,itil implementation project,itil implementation guide,itil implementation plan template,itil implementation strategy,itil implementation project plan,itil implementation steps,itil implementation templates,itil implementation checklist,benefits of itil implementation,itil implementation approach Read More...
Modern ERP Processes Behind Historic Scotch Whisky
The whisky industry is an example of a process industry where it is impossible to accurately predict demand for the final product. Goods stocked must also be

cfo finance department processes  ERP,enterprise resource planning,whisky industry,process industry,demand forecasting,Strategic Systems International,SSI,SSI TROPOS,TROPOS Whisky Workbench,TROPOS Customs and Excise Read More...
Duke Realty Remodels Accounts Payable Processes with AnyDocINVOICE
Duke Realty Corporation—the largest publicly traded office and industrial property owner in the US—needed to find a more organized way to process the nearly 20

cfo finance department processes   Read More...
Empowering Finance Executives to Optimize Enterprise Performance
Being an effective CFO and financial manager today is all about increasing efficiency, partnering with the business to drive growth and value, and empowering

cfo finance department processes  Performance Being an effective CFO and financial manager today is all about increasing efficiency, partnering with the business to drive growth and value, and empowering your people to be more risk sensitive, productive, and informed when making decisions. Enterprise performance management (EPM) applications can help you achieve these goals and respond to changing corporate finance priorities. Download this white paper and find out how. Read More...
BPM Weaves Data And Processes Together For Real-time Revenues
Linking data to process is the realm of business process management (BPM). BPM''s focus on process dramatically reduces the amount of data that needs to be

cfo finance department processes   Read More...
A Key Link in the Supply Chain-Connecting Business Strategy to Distribution Center Processes
Today, there is less clarity in wholesale, retail, and vertical sales operations than ever before. In a marketplace that dictates increasingly complex

cfo finance department processes   Read More...

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