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Documents related to » 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

finance department processes  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...
The Case for Integrated Processes
Most chief executive officers (CEOs) have developed strategies that push their companies to achieve certain goals. So why are so many companies failing to

finance department processes  acquisitions and has redeployed finance and HR personnel to more value-added work, while making improvements in payroll processing and reducing hardware and operating system platform costs. A global manufacturing company achieved significant time savings in transaction-based processes by an average of between 45 and 65% (or between 4.50 and 9.00 per transaction). With an expected annual volume of approximately 30,000 transactions per integrated process, the company believes its investment in integrated 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

finance department processes  to the CFO, the finance function could achieve all other strategic objectives. In Phase One, the company standardized and established new processes to reconcile bank accounts daily, concentrate cash, determine a final number to borrow or invest each day, improve control, enhance accuracy, and pare down the number of FTEs involved in the function. In another development, global vendor payments were integrated with the bank payment systems, and customer receipts posted to the general ledger. Each day, the 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

finance department processes  to the CFO, the finance function could achieve all other strategic objectives. In Phase One, the company standardized and established new processes to reconcile bank accounts daily, concentrate cash, determine a final number to borrow or invest each day, improve control, enhance accuracy, and pare down the number of full-time equivalents (FTEs) involved in the function. In another development, global vendor payments were integrated with the bank payment systems, and customer receipts posted to the 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

finance department processes  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...
How SharePoint Can Help Connect People, Processes, and Information
Microsoft SharePoint products and technologies are server applications that can provide organizations with an integrated solution for collaboration, content

finance department processes   Read More...
Commerce One Meets GM: Web Now Has A Really Big Parts Department
General Motors will use Commerce One''s E-commerce systems to build a global purchasing marketplace for its buyers and suppliers.

finance department processes  One Meets GM: Web Now Has A Really Big Parts Department Event Summary Commerce One (NYSE: CMRC) and General Motors announced an Internet enterprise that will bring GM''s purchasing expertise to a marketplace consisting of GM''s suppliers and dealers and of other businesses. The new venture, dubbed GM MarketSite, is expected to begin operation in the first quarter of the year 2000. GM MarketSite will be a member of Commerce One''s Global Trading Web, a loose network of purchasing portals (See TEC News Read More...
Lawson Opportunity Analyzer: Managing Processes with a Purpose
Business strategy execution requires the control and automation of complex processes, and the ability to quickly analyze data relevant to the enterprise

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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

finance department processes  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...
Business Strategy, Business Processes, and Business Systems
Business strategy, a road map telling us how the business plans to be successful, does not guarantee success. Strategy execution requires business processes

finance department processes  about business intelligence,analyst business intelligence,analytic business intelligence,business intelligence,business intelligence analysis,business intelligence analytics,business intelligence and analytics,business intelligence application,business intelligence applications,business intelligence architecture,business intelligence articles,business intelligence basics,business intelligence best practices,business intelligence bi,business intelligence company Read More...
Driving Better, Faster Decision Making through Finance
Software can’t tell you how to beat the competition, but it can determine which products and services have the greatest profit margin, who are the most

finance department processes  Faster Decision Making through Finance Software can’t tell you how to beat the competition, but it can determine which products and services have the greatest profit margin, who are the most productive employees, or how investments are impacting the bottom line. Knowing that information helps you make the right decisions. This report addresses how finance can create an accurate, actionable 360-degree view of your company Read More...
Inside Business Finance
Compare service levels, features and pricing from the leading industry providers.

finance department processes  Business Finance Compare service levels, features and pricing from the leading industry providers. Read More...

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