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Documents related to » efficient finance processes cfo


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

efficient finance processes cfo  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 Department Proces Read More...
The State of the Art in Finance
Thanks to recent accounting scandals and an increasingly competitive environment, many chief financial officers and the finance organizations they lead have

efficient finance processes cfo  IT LEADS TO MORE EFFICIENT FINANCE FUNCTIONS The APQC survey reaffirmed that more effective use of technology helps companies achieve greater levels of efficiency and gradually frees up personnel for more strategic tasks requiring more thought and managerial capacity. Let''s first discuss how the right use of information technology leads to greater efficiency and lower costs. First, the APQC survey showed that companies with a higher degree of automation have lower overall finance costs. Companies that had 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

efficient finance processes cfo  IT LEADS TO MORE EFFICIENT FINANCE FUNCTIONS APQC''s OSBC research reaffirmed that more effective use of technology helps companies achieve greater levels of efficiency and gradually frees up personnel for more strategic tasks requiring more thought and managerial capacity. First, the OSBC research showed that companies with a higher degree of automation have lower overall finance costs. Companies that had automated more than 66% of their finance processes had average finance costs of 1.2% of revenues, whi Read More...
The Strategic CFO
Financial pressures can strain even the most efficient and lean company. So forward-thinking companies should now turn to the chief financial officer (CFO

efficient finance processes cfo  straining even the most efficient and lean organizations, forward thinking companies should now to turn to the CFO. A change in attitude about the value of the CFO, in fact, has been a long time coming. Whether an enterprise faces an economic boom or protracted downturn, the role of the CFO has been morphing. This flux reflects both greater CFO responsibility and corresponding more difficultly. This also translates into financial management that needs to generate real value in the enterprise. It will not Read More...
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

efficient finance processes cfo  make their operations more efficient and play a more strategic role in the business. Second, we wanted to deepen the knowledge we have gained through both our own research and our 35 years of expe- rience providing financial management solutions to the world''s leading companies. This study confirms what we have learned through that experience as well as through the benchmarking research conducted by SAP''s Value Engineering group: Investments in IT solutions that automate and stan- dardize critical finance 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

efficient finance processes cfo  way to work more efficiently. There are a few very good reasons that make people afraid of changing the way they do their business processes. Let’s take a look at some of them: Accountability : Well defined business processes allow managers to know who did what and when. Wisely used, this is a great way to improve everyone’s work. But, since we’re all human—and therefore far from being perfect—we often tend to abuse the power we’re given. This is what people fear the most when it comes to Read More...
The Transformation CFO: Integrative SaaS and the Power to Change
Integrative software as a service (SaaS) business systems are a way of transforming your finance operations. SaaS can position finance as the nexus of

efficient finance processes cfo  Transformation CFO: Integrative SaaS and the Power to Change Integrative software as a service (SaaS) business systems are a way of transforming your finance operations. SaaS can position finance as the nexus of standardized, real-time information. Finance executives should investigate SaaS solutions and providers, so that finance and IT can work together to enable a cost-effective transformation of finance to a stronger leadership role and improve finance’s value to your company. Read More...
Empowering Modern Finance: The CFO as Technology Evangelist
Modern finance is service-oriented and committed to operational excellence. Modern finance leverages analytical expertise to provide management with data-driven

efficient finance processes cfo  Modern Finance: The CFO as Technology Evangelist Modern finance is service-oriented and committed to operational excellence. Modern finance leverages analytical expertise to provide management with data-driven insight and forward-looking guidance. This report explores how modern CFOs and finance executives are adopting emerging technologies within their finance functions to enable the development of new capabilities and to transform the role of finance. Read More...
The Superstar CFO: Optimizing an Increasingly Complex Role
Chief financial officers (CFOs) are under greater pressure, scrutiny, and accountability at companies large and small. An ideal CFO is a steward of decision

efficient finance processes cfo   Read More...
10 Reasons to Use Storage Performance Validation Processes
From determining the best flash/SSD deployment strategy to ensuring a smooth private cloud migration, storage architects have a better way to ensure performance

efficient finance processes cfo  storage technologies, SSD deployment, flash deployment, flash storage, private cloud architecture 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

efficient finance processes cfo  to do their job efficiently and can mean that your staff does not spend a month running around trying to find supporting documentation during an audit. This is also the kind of transparency that gives confidence to investors and gives your firm a reputation for solid and reliable financials. This doesn''t mean that you have to overhaul your entire data warehouse overnight and embark on a massive visibility project. Take small opportunistic steps first, looking for the measures that will make a noticeable 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

efficient finance processes cfo  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...
Sales Performance Management: Maximize Profits with Comprehensive Sales Processes
In a productive sales force, salespeople concentrate on acquiring, growing, and retaining profitable relationships within their account bases. To achieve this

efficient finance processes cfo  sales forecasting,key account management,sales management software,kpi performance,lead management software,crm on demand,best crm,opportunity management,lead tracking,sales funnel,pipeline sales,pipeline management,sales effectiveness,customer tracking,lead management sales Read More...
Global High-tech Manufacturer Aligns Workforce Processes Using SumTotal
As a global company, GKN faced a spread-out workforce and disconnected processes, with separate and inefficient workforce performance, goals management, and

efficient finance processes cfo  processes, with separate and inefficient workforce performance, goals management, and learning and development processes. GKN needed to streamline and connect all of its strategic HR processes by deploying an integrated people management solution. Read the case study and see the results GKN achieved with SumTotal’s integrated talent management platform. Read More...

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