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Discrete Manufacturing (ERP)
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...
 

 finance department processes grc

PPM for Internal Departments RFI/RFP Template

Portfolio and Project Management, Resource Planning and Scheduling, Customer Support and Contact Management, Time and Expense Management, Financial Management, Budgeting, and Costing, Knowledge Man... Get this template

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Discrete Manufacturing (ERP)
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...

Documents related to » finance department processes grc

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 operations. What steps are companies taking to respond to the internal and external forces? Find out how finance often repairs core finance and operating activities, as exposed in the results of a survey and a series of interviews among senior finance executives.

finance department processes grc  some time for their finance department to overcome the effects of those resource constraints, the finance executive says, because Sarbanes-Oxley forced the finance team to lessen its role guiding operations management in strategic decisions and moved it into a more nuts-and-bolts control function, a move that he says has been a point of contention. Other finance executives working for U.S. public compa- nies also say the Sarbanes-Oxley compliance require- ments have reduced their abilities but not 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 lead is expanding as well. Examine the changing role of the finance organization in today’s business environment, learn how your CFO can take on a more prominent role in defining company strategy, and find out how you can develop a best-run finance organization.

finance department processes grc  processes in place, a finance department can forecast potential revenue, run what-if analyses, and develop contingency plans to manage costs. If marketing targets more sales than manufacturing can supply, managers can adjust demand plans or secure additional manufacturing resources. If manufacturing costs increase, finance can flag offtarget trends and initiate early corrective action. Enabling Integrated Information In addition, a company cannot effectively pursue a strategic direction unless there is 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 your financial processes stands at the heart of a broader initiative known as governance, risk, and compliance (GRC). Learn why embedding the components of GRC within your financial processes can help you track financial flows and alert you when things might go awry.

finance department processes grc  Your Financial Processes , Finance Department Processes , Major Financial Processes , Financial Processes Deliver Transparency , Accelerates Financial Processes , Integrate Administrative and Financial Processes , Better Manage Financial Processes , Continuous Process Improvement , Process Improvement Qualifications , End-to-end Processes for Financial . Contents Preface Introduction About the survey What the executives are saying Impact on decision-making What to keep in mind Conclusion Preface Managing Read More

Human Capital Management: How Top Organizations Drive Company Profits Efficiently


This benchmarking study analyzes human resources (HR) performance for over 200 best-practice companies in three categories: process and transactional support, expertise-based business support, and strategic decision support. Two questions are at the core of the study: How can companies reduce HR costs and increase HR efficiency? And how can HR organizations create business value and optimize effectiveness? Find out what they said.

finance department processes grc  Practices program, which covers finance; human capital management; supplier relationship management and procurement; governance, risk, and compli- ance; total cost of ownership; supply chain plan- ning; manufacturing; new product development and introduction; and customer contact centers. Prior to joining SAP, Müllers-Patel worked as a strategy consultant with A.T. Kearney, delivering operational, organization, and corporate strategy engagements at the C level for global corporations with a particular Read More

How to Lead Your Organization on the Best Path to Performance Improvement (Webcast Transcript)


Companies require an agile enterprise performance management (EPM) strategy to ensure they have information to support effective decisions. The more information companies generate, the more they need software that places the information in the right context and optimizes the decision-support process. Learn to identify software that can help your organization find the best path to continual performance improvement.

finance department processes grc  quantify both these hard finance department cost benefits as well as the broader operational benefits that the organizations have been able to quantify and attribute to this investment. And, Vinay, you may want to...I know that we''ve talked about this. You might want to just expand on that a bit. Vinay Nair: Yes, we''ve talked about this before. I mean, like Kathleen said, there is this gravitation towards looking at hard costs in these type of investments. And this is...it''s a hard area to get around. Read More

10 Pains Wreaking Havoc on Your HR Department


The human resources (HR) department historically was siloed, functioning independently of other business units and acting as corporate watchdog. Today, companies recognize that human capital is their greatest asset, and HR connects people and cultivates the environment in which they thrive.

A range of applications have come onto the market in recent years designed to help HR professionals. They increase efficiency by cutting back on administrative tasks, in theory freeing up time for HR to focus on value-added functions. But HR professionals are still feeling business pains.

This white paper considers current HR challenges, among them employee recruitment, engagement, and retention. It also suggests how automation, integration, and visibility are vital to the effective functioning of the HR department.

finance department processes grc  Pains Wreaking Havoc on Your HR Department The human resources (HR) department historically was siloed, functioning independently of other business units and acting as corporate watchdog. Today, companies recognize that human capital is their greatest asset, and HR connects people and cultivates the environment in which they thrive. A range of applications have come onto the market in recent years designed to help HR professionals. They increase efficiency by cutting back on administrative tasks, in theo 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 good or bad habits that people follow mostly because it’s what they’ve always done rather than it being a way to work more efficiently. There are a few very good reasons that make people afraid of changing the way they do their

finance department processes grc   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 business, and drive better execution of compliance measures. But too often, automation and integration gaps discourage their efforts. Download this report to learn how to integrate and automate these activities, and improve your ability to make strategic and tactical decisions.

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Case Study: U.S. Department of Agriculture


In 2004, the U.S. Department of Agriculture (USDA) was using seven separate systems to manage training for nearly 140,000 employees worldwide. Learn how the department decreased training costs by implementing a single learning management system (LMS) for all USDA training—including mandatory, mission specific ,and discretionary training, and additional training for USDA’s 29 agencies and staff offices.

finance department processes grc  Study: U.S. Department of Agriculture In 2004, the U.S. Department of Agriculture (USDA) was using seven separate systems to manage training for nearly 140,000 employees worldwide. Learn how the department decreased training costs by implementing a single learning management system (LMS) for all USDA training—including mandatory, mission specific ,and discretionary training, and additional training for USDA’s 29 agencies and staff offices. 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 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.

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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 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.

finance department processes grc  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

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 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.

finance department processes grc  SumTotal Career Development,SumTotal Compensation,SumTotal HR Management (HRMS),SumTotal Learning,SumTotal Performance,SumTotal Recruiting & Hiring,SumTotal Succession Planning,SumTotal Workforce Analytics,SumTotal Systems,talent management platform,talent management solution,human resources software,human resources software programs,human resources software applications,online human resources software Read More

Streamlining Business Processes through Document Management


Document and records management software has many benefits that can appreciably improve organizational efficiency. Since these applications are complex systems that represent a solid investment, organizations should carefully evaluate their current and future needs beforehand.

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Working Together More Efficiently: Mapping Out the Company’s Business Processes


Enterprises must collaborate or they will surely stagnate. Guarded proprietary information has given way to collaborative approaches where information is shared both inside and outside the enterprise’s walls. To survive, an enterprise must be flexible enough to collaborate externally with suppliers and partners while fostering the same environment with its employers.

finance department processes grc  Management: insight into your finances Financial management component acts as your company''s financial control room. This functional component is as powerful as it is multi-faceted, providing you with the instruments necessary for the consolidation and analysis of financial information, and comparisons of budgets and analysis against actuals. Every financial transaction within the organization is recorded in an extended ERP solution''s central database and is directly available for online reporting and Read More