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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 or...
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Documents related to » 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

consolidated and efficient finance processes  Major Financial Processes , Consolidated and Efficient Finance Processes , Webcast Financial Process Automation , Optimising Your Financial Processes , Future of Financial Processes , Pay and Financial Management Solutions , Connection Financial Processes , Ease Financial Processes , Discover Easy-to-Use Solutions , Financial Processes to Extend , Efficient Finance Processes , Financial Processes Applications , Standardizes and Integrates Financial Processes , Organize Your Financial Processes , Finance Read More...
Contemporary Business Intelligence and Its Main Components
Business intelligence (BI) represents the tools and systems that play a key role in the strategic planning process by allowing a company to manipulate corporate

consolidated and efficient finance processes  metrics, arranged in a consolidated view. The visual characteristics of a dashboard are simple intuitive displays, such as dials, gauges, stoplights, charts, and tables. In theory, they are instantly understandable to users, and provide immediate visibility into the well-being of a company''s operations and performance. They provide snapshots of daily operations in a single desktop interface, allowing users to pinpoint such problems as inventory or sales levels that violate given thresholds. Dashboards Read More...
PROACTIS: The Best-kept Secret in Indirect Spend Management? - Part 2
Part 1 of this blog series introduced PROACTIS, a UK- and US-based specialist vendor of spend control and e-procurement solutions with accredited partners

consolidated and efficient finance processes  information from complex and consolidated bills, applies multiple tests to check for accuracy (e.g., price and quantity discrepancies), applies coding from its aforementioned learning engine, and fires up workflows for addressing any identified errors. Typical benefits include saved time and money by streamlining the customer’s bill payment process and enabling informed management decisions. Other Recent Developments As mentioned in Part 1, PROACTIS is a public company whose financial reports are 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

consolidated and efficient finance processes  making critical business decisions. Consolidated. It is inefficient to implement process or regulatory changes that affect an entire organization on a system-by-system or subdivision basis. A common technical platform can eliminate this potentially costly requirement. Striking a Balance The best-run finance organization will continue to address near-term priorities while helping to chart long-term business direction. As a result, the mission of today’s finance organization is truly both tactical and Read More...
Smooth Transition: Preparing for IFRS
International Financial Reporting Standards (IFRS) are the reporting standards developed by the International Accounting Standards Board (IASB). IFRS is now

consolidated and efficient finance processes  The inherent value of consolidated transaction management and reporting systems becomes clear in a financial data conversion process. The ledger and subledger systems (where core data resides and feeds the GAAP-based GL) are the sources of the data conversion process. In the same way that ERP efficiently consolidates large volumes of financial and operational data for management visibility and reporting, companies can leverage the ERP system to consolidate multi-GAAP reporting for IFRS conversion. 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

consolidated and efficient finance processes  Processes and Practices: Planning Implementations and Evaluating Systems Introduction The process of selecting and implementing software and subsequent evaluation of the systems can be thought of in terms of programs, processes and practices. Understanding each, their relationships and how they change through time gives us insight into the health of our systems. Programs refer to the software with its functions and inherent limitations. The programs can also be called the system or the solution. Read More...
Delivering Efficiency: Business Processes, Automation, and Integration
Implementing IT solutions that fulfill all corporate requirements requires exhaustive research and analysis. But the reality is that most organizations have

consolidated and efficient finance processes  Efficiency: Business Processes, Automation, and Integration Implementing IT solutions that fulfill all corporate requirements requires exhaustive research and analysis. But the reality is that most organizations have neither the time nor the resources to do all this. Indeed, such an approach is largely impractical, since by the time you’ve built your perfect solution, it may already be out of date. So what are your real options? Three words: Business. Process. Integration. Read More...
Best Practices and Processes for Improving the Business Value of IT
Understanding, measuring, and managing against return on investment of a company’s IT investment (ROIT) enables IT leaders to quantitatively frame their

consolidated and efficient finance processes  Practices and Processes for Improving the Business Value of IT Understanding, measuring, and managing against return on investment of a company’s IT investment (ROIT) enables IT leaders to quantitatively frame their contribution to the business and justify initiatives they seek to undertake. Read about concrete practices, processes, and recommendations to drive ROIT investment via key areas for improvement, the value of improvement, and guidelines for evaluating potential projects. Read More...
SMB Finance and Accounting Checklist: What You Need to Consider Before You Buy
Making a list and checking it twice is a particularly good practice when picking a finance and accounting software solution. If you don’t find the right product

consolidated and efficient finance processes  Finance and Accounting Checklist: What You Need to Consider Before You Buy Making a list and checking it twice is a particularly good practice when picking a finance and accounting software solution. If you don’t find the right product for your company, you’ll just pay for the mistakes on the back end. But first you need to know which features your small to midsize business must have and which you don’t want. Get some tips that will help you create your finance and accounting checklist. Read More...
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

consolidated and efficient finance processes  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 can smooth the overall compliance process. By investing in a content-centric business process management solution, organizations can automate and improve their compliance. This leads to an effort that is more effective and more efficient, and that ultimately saves money. 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

consolidated and efficient finance processes  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 retain talent, the company standardized its learning and development processes for employees. Learn how LyondellBasel implemented its new learning solution in more than 25 manufacturing sites throughout the United States, Netherlands, and France. Read More...
Efficient Project Management
Successfully meeting today’s business challenges requires effective project management. How well your organization manages projects, tracks costs, and

consolidated and efficient finance processes  Project Management Successfully meeting today’s business challenges requires effective project management. How well your organization manages projects, tracks costs, and identifies and addresses project-related issues can have a big impact on your bottom line. But if your company still relies on traditional, stand-alone project management applications, most likely you lack the end-to-end process support you need to ensure success. Read More...
Ultimus Case Study: Optimized Customer Fulfillment with Automated Processes
Bernstein AG, established in 1947 and headquartered in Porta Westfalica (Germany), builds and sells components and systems for industrial automation peripherals

consolidated and efficient finance processes  Case Study: Optimized Customer Fulfillment with Automated Processes Bernstein AG, established in 1947 and headquartered in Porta Westfalica (Germany), builds and sells components and systems for industrial automation peripherals. In 2002, it began the task of selecting and implementing a flexible, web-based business process management (BPM) system. One of the most important technical requirements was the universal integration of the BPM suite into its existing IT infrastructure. Read More...
5 Key Points for Continuous Improvement in the Life Cycles of Processes
In today’s changing, competitive world, companies must adopt a continuous improvement methodology to support sustainable and profitable business models

consolidated and efficient finance processes  Key Points for Continuous Improvement in the Life Cycles of Processes 5 Key Points for Continuous Improvement in the Life Cycles of Processes If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. With Polymita BPM you can completely automate and manage the lifecycle of its processes , organizing the people team work, and the related content and information, 100% on-line, from a web browser. Source : Polymita Technologies Resources Related Read More...

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