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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 » 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

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Finance and Accounting Solutions Buyer’s Guide for Small to Medium Enterprises
For large organizations, enterprise resource planning (ERP) systems promise big gains by helping grow revenue and increase productivity. But can ERP benefit

efficient finance processes  make manufacturing operations more efficient and simple. Most vendors support different modes of manufacturing, include configurable product capabilities, perform different types of job costing and offer a BOM (bill of materials) tool. Applications often include PDM (Product Data Management), CRP (Capacity Requirements Planning), MRP (Materials Requirements Planning) , forecasting, MPS (Master Production Scheduling), work-order management and shop-floor control. SCM Of all the ERP modules, SCM has the Read More...
New Data Triggers for International Supply Chain Finance
Corporations have drastically changed their global supply chain models over a short period. The market is also in the early stages of migrating to data

efficient finance processes  a more cost-effective and efficient flow to inventory management. Lead logistic providers and major third-party logistics providers are behind these programs, and as a result, there will be a growing interest in trigger finance and payment when inventory is pulled from a warehouse. Trigger #4: Inventory In-transit Financing There are a select few vendors that are going beyond the GT Nexus , Inttra , and Tradebeam supply chain visibility models to enable international in-transit inventory to be funded on 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  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 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  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, Read More...
Durst Speeds Up Processes with Infor Distribution SX.e
Infor recently announced that Durst, an operator of the high-end plumbing fixture brand JACLO, has successfully implemented Infor Distribution SX.e. Durst uses

efficient finance processes  provides tools to more efficiently train employees by documenting critical business processes. Capturing this information also provides Durst with the visibility to objectively evaluate and improve established processes. Durst plans to implement Infor ION in the future and to integrate Infor Distribution SX.e with other Infor and third-party systems, including an Infor Barcode application. Read More...
Managing Your Business Processes to Create Competitive Advantage
Any company efficiency improvements are going to involve business process management (BPM). BPM ensures process consistency, optimizes business processes, and

efficient finance processes   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  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...
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  storage technologies, SSD deployment, flash deployment, flash storage, private cloud architecture 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  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...
Why Cloud Computing Matters to Finance
This Institute of Management Accountants (IMA) paper explores the benefits of transitioning from an on-premise financials system to the cloud. The paper reviews

efficient finance processes  Cloud Computing Matters to Finance This Institute of Management Accountants (IMA) paper explores the benefits of transitioning from an on-premise financials system to the cloud. The paper reviews research conducted among 800 IMA members regarding their perceived benefits and risks related to moving financials to the cloud, including drivers around total cost of ownership (TCO); anytime, anywhere access; easy upgrades; and business process improvement. Read More...
Rising to the Challenge: Productivity in Accounting and Finance Organizations
During these challenging times companies need to do more with less. This need extends throughout the organization-and companies'' accounting and finance

efficient finance processes  to the Challenge: Productivity in Accounting and Finance Organizations During these challenging times companies need to do more with less. This need extends throughout the organization-and companies'' accounting and finance organizations are rising to the challenge. Know the most critical challenges faced by the CFO organization of companies in improving staff productivity and effectiveness of their operations according to research conducted by the Institute of Management Accountants (IMA). Read More...
Sage 100 ERP-an Energy-Efficient Solution for AM Appliance Group


efficient finance processes  100 ERP-an Energy-Efficient Solution for AM Appliance Group Read More...
Mondial Assistance Group Shares Best Processes to Improve Quality, Efficiency
Mondial Assistance Group relies on efficient sharing of best practices across business units to provide superior customer service to clients worldwide. By

efficient finance processes  Assistance Group relies on efficient sharing of best practices across business units to provide superior customer service to clients worldwide. By choosing Lombardi Blueprint from IBM to execute the ''SOKE'' process improvement program, Mondial discovered inefficiencies, managed sharing processes, and improved collaboration across the organization. See how this led to high cost savings and improved client services. 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

efficient finance processes  to application quickly and efficiently: the right data to the right application process at the right time. This data logistics framework is the hallmark of the RTE. Many organizations have found, however, that provisioning data contained in a vast, decentralized data infrastructure in support of the RTE is extremely impractical using conventional integration approaches. A quick look at these approaches illustrates why: Batch Data Transfer: The requirements of the RTE strain most batch data transfer Read More...

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