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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

financial accounting standard board  3,000 people using its financial accounting software, but a typical sweet-spot customer has about 300 financial users, spread across 10 or more countries. CODA's zero-install browser client and single instance architecture (where support for all multinational and multilingual functionality is within a single version of the application) make it a good fit for centralized shared services or business process outsourcing (BPO) requirements, helping user organizations further reduce the cost of the finance Read More...
Financial Packages
Financial packages encompass modules for bookkeeping and making sure that accounts are paid or received on time.
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Documents related to » financial accounting standard board


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

financial accounting standard board  Section 404?which mandates internal financial controls and procedures for publicly-traded US companies?to Japan?s so-called JSOX, Canada?s Bill 198 and changes in EU Directives 4, 7 and 8. Restatements of financials among US companies?mostly owing to poor documentation, lack of transparency and weak internal controls?have become more prevalent, rising from 116 in 1997 to 1,270 in 2007, according to a proxy research firm, Glass Lewis & Co. The number of fraud schemes identified in US Securities and Read More...
Why Privately Held Manufacturers Should Implement IFRS-ready ERP Solutions
While regulatory requirements to adopt International Financial Reporting Standards (IFRS) may be a concern for publically traded companies only, there are

financial accounting standard board  in place. Revise the financial accounting manual. Update your financial accounting manual and summarize the new elements that local managers or division heads need to review. It is then necessary to work with each controller or others who maintain and audit your company's accounts to make sure they review the new elements of the financial accounting manual in detail and are ready to begin following these new processes. It is also important to involve external auditors and other interested outside parties Read More...
Not Small Change: World-class Financial Automation Delivers Dramatic Benefits
Automating finance processes@such as closing the books, reporting, and other labor-intensive processes@reduces finance costs. By streamlining financial

financial accounting standard board  up and down the financial value chain (FVC) , beyond core accounting and reporting, to encompass broader financial management processes such payables processing and cash management. From closing the books to straight-through payment processing, technology solutions are helping companies harmonize financial data across systems and organizational units, achieve greater process consistency, minimize manual processing and enable their finance professionals to apply their expertise to higher value-added work. Read More...
Smooth Transition: Preparing for IFRS
International Financial Reporting Standards (IFRS) are the reporting standards developed by the International Accounting Standards Board (IASB). IFRS is now

financial accounting standard board  In the US, the Financial Accounting Standards Board (FASB) is working with the IASB to align US Generally Accepted Accounting Principles (GAAP) with IFRS reporting standards. The goal for both organizations is a single set of global standards for financial reporting of public companies listed anywhere in the world. The US Securities and Exchange Commission (SEC) has eliminated IFRS/US GAAP reconciliation requirements for foreign-owned filers, and published a preliminary timeline for US companies to adopt Read More...
People or Resources: The Financial Sector in a Crossroads
People management tools have become necessary, particularly in an environment such as the financial sector, where resources have become global and people

financial accounting standard board  or Resources: The Financial Sector in a Crossroads Introduction Ten years ago, in the mid-nineties, the financial sector faced four main challenges: market globalization, financial freedom, non-intermediation, and the importance of new technologies in business practices. Today, the first three challenges have been met, while the fourth is still being grappled with. The fourth challenge, technology, is the main obstacle facing every financial entity—from banks, savings banks, and rural banks, to Read More...
Accounting for SMB Showdown
I'm Larry Blitz, editor of TEC's Vendor Showdown series. Today's Showdown pits two major enterprise resource planning (ERP) and accounting for small to midsized

financial accounting standard board  environments, mixed-mode manufacturing); financial; HR; product lifecycle management; SCM Infor has a larger repertoire of solutions than Exact does, most notably in the area of ERP. Number of employees 2,750+ 9,000+ Infor is a larger firm than Exact, with roughly three times the number of employees. Number of customers worldwide Not available over 70,000 Accounting for SMB Showdown Larry Blitz - September 24, 2008 Page 2 of 2 Infor has a very widespread distribution of its business solutions, Read More...
Epicor ERP: Financial Packages Competitor Analysis Report
This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and

financial accounting standard board  ERP: Financial Packages Competitor Analysis Report This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and receivable, reporting, and other bookkeeping requirements. This knowledge base in particular, offers a view on enterprise financial packages, which can complement an existing ERP system. Read More...
Salesforce.com Offers Financial Industry Solutions
Salesforce.com announced Salesforce1 for Financial Services, with the idea to better help retail banks, wealth management companies, and insurance providers

financial accounting standard board  com Offers Financial Industry Solutions Salesforce.com announced Salesforce1 for Financial Services , with the idea to better help retail banks, wealth management companies, and insurance providers attract, connect with, and retain customers. The cloud platform leader expects significant demand for customer relationship management (CRM) solutions from private enterprises and governmental organizations operating in the following six global industries: financial services/insurance, healthcare/life Read More...
Accounting and Financial Packages Accreditation Report: GMS Accounting Management Software
Organizations seeking the services of a value-added reseller (VAR), channel partner, implementer, vendor, or consultant require an evaluation of what this

financial accounting standard board  and Financial Packages Accreditation Report: GMS Accounting Management Software Organizations seeking the services of a value-added reseller (VAR), channel partner, implementer, vendor, or consultant require an evaluation of what this service provider has to offer. This report will assist organizations looking to determine the best-fit service provider for their implementation needs. Based on information provided to TEC by GMS Accounting Management Software (GMS) and its clients, this report Read More...
Sage BusinessVision Accounting
Sage BusinessVision 50 Accounting (formerly ACCPAC) is intended for high-transaction, heavy user load situations. Capturing the technological benefits of

financial accounting standard board  and custom up-to-the minute financial reporting. Read More...
Financial Planning: Mastering the Key Value Drivers
In business, planning plays a fundamental role in analyzing and forecasting key financial data. While forecasting future events is one benefit of planning, it

financial accounting standard board  analyzing and forecasting key financial data. While forecasting future events is one benefit of planning, it can also be used to achieve a series of objectives, including regulatory compliance. In order to achieve these objectives, companies should consider implementing a unified customer performance management (CPM) solution—one that takes compliance into consideration. Read More...
How to Choose an Accounting System
The challenges to successfully choosing, installing, and implementing new accounting software are many. But so are the opportunities—to gain greater control of

financial accounting standard board  control of your organization’s financial affairs, to make better decisions, and to improve cash flow, among others. This guide describes the six steps to successfully selecting accounting software. Read More...
Checklist: Choosing the Right Financial Services Vendor
Today’s economic environment requires you to evaluate whether your current financial institution is in it for the long haul and can offer the full breadth of

financial accounting standard board  Choosing the Right Financial Services Vendor Today’s economic environment requires you to evaluate whether your current financial institution is in it for the long haul and can offer the full breadth of services that you may need. Many of these vital services can be delivered from one source—your bank. Your primary concern in selecting a financial services institution should be the security of your assets and data. Find out what to look for, and what to avoid. Read More...
Employee Fraud within Financial Services
Financial service institutions spend thousands of dollars every year on securing their networks from external breaches, but often fail to think about possible

financial accounting standard board  Fraud within Financial Services Financial service institutions spend thousands of dollars every year on securing their networks from external breaches, but often fail to think about possible internal threats. Employee fraud has become a growing problem in the financial sector—one that many institutions are not fully prepared to handle. Implementing automated detection technologies, however, can be their first line of defense to eradicating this problem. Read More...

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