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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...
Best-of-breed Approach to Finance and Accounting
CODA''s savvy accounting and financial offerings include budgeting, forecasting, scorecards, and tools that use Microsoft Excel spreadsheets collaboratively and

finance department processes  day can cost a finance department many days of labor. Period-end closing is a collaborative process of questions and answers, of confirming detailed information, and of individuals collaborating to arrive at the answer and generate a picture of numbers about the organization''s current financial situation. Every organization in the world has to address this, and they all have different processes; often, financial processes across corporations vary due to merger and acquisition activity, which has absorbed 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...
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...
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...
SMB Finance and Accounting Checklist: What You Need to Consider Before You Buy
Making a list and checking it twice is a particularly good practice when picking a finance and accounting software solution. If you don’t find the right product

finance department processes  Finance and Accounting Checklist: What You Need to Consider Before You Buy Making a list and checking it twice is a particularly good practice when picking a finance and accounting software solution. If you don’t find the right product for your company, you’ll just pay for the mistakes on the back end. But first you need to know which features your small to midsize business must have and which you don’t want. Get some tips that will help you create your finance and accounting checklist. Read More...
Finding the Right BPM Tools for Workflow and Project-Based Processes
When it comes to business process management (BPM), it makes sense to “look before you leap.” Organizations considering using BPM to automate or streamline

finance department processes  BP Logix,business process management,process management,bpm,business process optimization,business process automation,bpm business process management,siebel analytics,bpm methodology,business process bpm,business intelligence reporting,enterprise reporting,business process managment,bpm modeling,bpm model 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...
What''s Wrong With Application Software? Business Processes Cross Application Boundaries
The reality of today’s application environment is that no single application meets all of the needs of a business, or frequently even the needs of a single

finance department processes   Read More...
GlassCell Isofab: Integrating Processes to Improve Visibility and Control
GlassCell Isofab Inc. offers diverse products, from glass fiber to mineral fiber and sound-deadening metal, and operates eight distribution and manufacturing

finance department processes  SAP,GlassCell Isofab Inc.,erp,enterprise resource planning,sap business all-in-one,enterprise resource planning erp,enterprise resource planning system,what is enterprise resource planning,enterprise resource planning solution,enterprise resource planning definition,erp applications,manufacturing enterprise resource planning software,small business erp,enterprise resource planning erp systems,erp for small business Read More...
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...
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

finance department processes  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...

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