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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 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...
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...
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

finance department processes   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...
Pegasystems to Further Extend SAP ERP Processes
On December 4, 2012, Pegasystems (a.k.a. Pega), a prominent business process management (BPM) and customer relationship management (CRM) software solutions

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Japanese Decision-making Processes Can Influence Enterprise Content Management Functionality
Traditional Japanese Decision-making, or Ringi The decision-making process in North American companies operates within a centralized system, and generally

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Getting Your Data, Processes & Procedures GFSI-Ready
Quality compliance required of food companies is changing, and tightening, in recent years. Many large customers are requiring that their suppliers certify to

finance department processes  food distribution, food distributor, ERP, ERP system, quality management, food quality compliance, food quality management, GFSI quality standards, JustFoodERP 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

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LyondellBasell: Centralizing Processes To Improve Learning and Development
With 17,000 employees in plants worldwide, LyondellBasell Industries is one of the world’s largest polymers, petrochemicals, and fuels companies. To develop and

finance department processes  SAP,LyondellBasell,training,proposal,crm,reporting,erp,project management,system management,data warehousing,management training,change management,learning management suite,lms,training program 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

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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...

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