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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...
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...
Reducing Operational Risk of IT Service in Finance
An overview for CIOs of the provision and management of IT services at a level that addresses the risk management issues raised by the Basel Committee''s New

finance department processes  Effects Analysis Fmea | Finance Risk Management | Financial Risk | Financial Risk Management | Financial Services Providers | Financial Services Providers FSPS | Fmea | Fmea Analysis | Fmea Failure | Fmea Fmeca | Fmea Forms | Fmea Quality | Fmea Risk | Fmea Software | Fmea Template | Fmea Tools | Fmeca | Fmeca Software | FSPS | Implementing IT Service Management | Implementing Six Sigma | Information Risk Management | Information Technology | Information Technology Infrastructure Library | Information 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...
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...
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

finance department 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...
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

finance department processes  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...
Improving the Effectiveness of Your Manufacturing Processes
Learn more about OEE in OEE: Monitor and Improve the Effectiveness of Your Manufacturing Processe.

finance department processes  improving effectiveness manufacturing processes,improving,effectiveness,manufacturing,processes,effectiveness manufacturing processes,improving manufacturing processes,improving effectiveness processes,improving effectiveness manufacturing. Read More...
Strategic Profitability Management: An Opportunity for Finance Departments
Finance departments are uniquely qualified to lead the effort to optimize profitability because of their neutrality, numbers orientation, and analytical

finance department processes  Management: An Opportunity for Finance Departments Finance departments are uniquely qualified to lead the effort to optimize profitability because of their neutrality, numbers orientation, and analytical abilities. However, as finance departments move to implement profitability management they need to recognize the challenges they may face. This white paper discusses how to manage profitability more effectively. 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

finance department processes   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

finance department processes   Read More...
Zuora Launches Z-Finance for the Subscription Economy
Zuora announces the launch of Z-Finance for subscription businesses. Zuora’s solution is built on a unique framework to address the shortcomings of traditional

finance department processes  Launches Z-Finance for the Subscription Economy Zuora announces the launch of Z-Finance for subscription businesses . Zuora’s solution is built on a unique framework to address the shortcomings of traditional accounting methods. The solution complements popular accounting and ERP solutions such as FinancialForce, NetSuite, Oracle, Sage, SAP, and Quickbooks. Z-Finance is built on a framework containing multidimensional ledgers and a data model that inherently calculate subscription metrics like Read More...
SAS and Action-Oriented Business Processes: Alliances, Partnerships, and Acquisitions
Combining deep analytics with BI solution functionality, expanding in certain verticals, and by acquiring several well thought out companies, have been key for

finance department processes  customer relationship management,CRM,business intelligence,BI,business processes,SAS Institute,Amdocs,Aprimo,Marketmax,High Performance Forecasting,Customer Profitability and Segmentation,SAS Telecommunications Intelligence Solutions,SAS Marketing Automation 4,SAS MA Suite,key performance indicators Read More...

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