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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 value stream mapping


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 value stream mapping  deal with unexpected challenges. Financial value chain automation gives companies a competitive advantage the best implementers have 45 percent lower finance department costs than the average company. World-class finance automation results in a 50 percent productivity improvement in accounts receivable and payable processing. Methodology BusinessWeek Research Services (BWRS) launched a research program in spring 2007 to determine the views of finance executives concerning the implementation of finance Read More...
Operational Excellence: Enabling Sustained Growth Spotlight on the Americas
Companies in the Americas should lead the world in growth through operational excellence@but they don’t. A 2008 survey shows that less than half promote insight

financial value stream mapping  | excellence research | financial excellence | global excellence | global operational | global operational excellence | industry excellence | innovation business | internet business needs | intimacy operational excellence | IT operational excellence | leadership operational excellence | lean excellence | lean manufacturing | lean six sigma | managing excellence | manufacturing excellence | manufacturing operational excellence | needs management | operating excellence | operational benchmarking | Read More...
9 Things to Look For in Lean Accounting Software for Manufacturers
I attended the Lean Accounting Summit in Orlando in September, and I’m still struck by the totally different attitudes of companies that choose lean

financial value stream mapping  software differ from regular financial and accounting systems. So what makes lean accounting software systems different? And what factors and functionality should businesses consider when selecting accounting packages for lean environments? Based on the information I gathered during the summit, there are nine major functional requirements for a lean manufacturing business: The software must be capable of handling accounting processes according to value streams . This includes value-stream mapping, and Read More...
Lean Maintenance: Best Practices to Turn Asset Management into a Profit Center
It’s common knowledge that asset downtime disrupts production and drives up both process and per-unit operating costs. However, executives often lose sight of

financial value stream mapping  management, enterprise resource planning, financial management, human capital management... Infor SCM Planner is a constraint-based advanced planning system for engineering, assembly, and repetitive manufacturing environments that ensures realistic, perfectly synchronized manufacturing plans for optimal throughput. Source :Infor Resources Related to Lean Manufacturing : Lean Manufacturing (Wikipedia) Lean Maintenance: Best Practices to Turn Asset Management into a Profit Center Lean Manufacturing is Read More...
Sorting Through the ERP, Lean MFG, APS, and MES Clutter - Part 1
Especially in today’s globally competitive and recessionary environment it is imperative that companies further eliminate waste, become leaner, and become

financial value stream mapping  as  invoicing  and producing financial statements. But most traditional ERP systems have long-term planning capabilities that do not easily provide the functionality to manage production on a day-to-day (let alone hour-to-hour) basis. While many ERP systems have a scheduling module for manufacturing, they often do not have the capability to manage individual orders in real-time or provide the reactivity that matches the complexity and reality of the shop floor. ERP systems typically do not have the Read More...
Spotfire Financial Analytics
Spotfire provides visual analytics software for the financial industry. Spotfire Financial Analytics gives users the ability to visually interact with their

financial value stream mapping  Financial Analytics Spotfire provides visual analytics software for the financial industry. Spotfire Financial Analytics gives users the ability to visually interact with their data, asking questions to reveal hidden patterns and biases. Users can easily change views, filters, and queries. Users can share sessions with colleagues or export them to applications like Word, Excel, PowerPoint, and Adobe Acrobat. Read More...
The Rising Financial Importance of Service
For the Best-in-Class, service is a profit center and a competitive differentiator. As a result, these organizations are yielding soaring financial results

financial value stream mapping  Rising Financial Importance of Service For the Best-in-Class, service is a profit center and a competitive differentiator. As a result, these organizations are yielding soaring financial results. Download this infographic from the Aberbeen Group and see how organizations can win by providing best-in-class service to their customers. Read More...
Financial ISV Partnership
Increasingly complex financial instruments, a global customer base, and a more stringent regulatory environment are making financial services companies more

financial value stream mapping  ISV Partnership Increasingly complex financial instruments, a global customer base, and a more stringent regulatory environment are making financial services companies more dependent on cutting-edge software products to maintain their lead in the markets. This white paper discusses the ways for financial services companies to create a strategic partnership with a specialist service provider to provide a more complete product. Read More...
TEC 2013 Market Survey Report: What Organizations Want in Accounting and Financial Software
Looking for an accounting and financial solution? This report can help you spot trends in the accounting and financial software space. See what your peers and

financial value stream mapping  Want in Accounting and Financial Software Looking for an accounting and financial solution? This report can help you spot trends in the accounting and financial software space. See what your peers and competitors are looking for in those solutions, so you can develop a good understanding of what accounting and financial software vendors offer, what other companies have identified as important requirements, and what functionality might be a good fit for your company. Read More...
Is Your Financial Transaction Secure?
The FDIC imposes IT integrity ratings on financial institutions. These ratings are known as URSIT ratings and are not disclosed to the public. There is no easy

financial value stream mapping  Your Financial Transaction Secure? Event Summary You want to start doing on-line banking but you keep hearing about information security incidents that make you skeptical of the process. How do you know if your financial institution has done due diligence to protect your assets from wily hackers, cavalier administrators, and other information technology sepulchers? If a large sum of money disappeared from your account, and banking records indicated that you made the withdrawal, but you know you didn''t, Read More...
Risks of Using Excel as a Financial Planning Tool
Structured planning can make all the difference to your business’s growth. But are you using the right tools? Spreadsheets may not be meeting your financial

financial value stream mapping  Using Excel as a Financial Planning Tool Structured planning can make all the difference to your business’s growth. But are you using the right tools? Spreadsheets may not be meeting your financial management and budget planning needs. Find out the risks of using spreadsheets as a planning tool, and how enterprise performance management can help consolidate your departments’ financial information and budgets to give you real-time views of business performance. Read More...
Case Study: Financial Services Industry
The company is a financial services group with operations in banking, investment management and insurance. To maintain the profitability of its credit card

financial value stream mapping  Study: Financial Services Industry The company is a financial services group with operations in banking, investment management and insurance. To maintain the profitability of its credit card business, the company maintains vast amounts of customer information. However, its Excel­based tools lack functionality. Learn how a business intelligence (BI) solution can help the company increase its customer base and derive greater profits from existing customers. Read More...
Vendor Spotlight: GMS Accounting and Financial Management System
In this spotlight report, TEC Research Analyst Aleksey Osintsev examines GMS Accounting and Financial Management System, which was specifically designed for not

financial value stream mapping  Spotlight: GMS Accounting and Financial Management System In this spotlight report, TEC Research Analyst Aleksey Osintsev examines GMS Accounting and Financial Management System, which was specifically designed for not-for-profit organizations. Learn all about GMS’s customers and marketing positioning, and how the software addresses the challenges for not-for-profit accounting. Also featured is a high-level overview of GMS Accounting and Financial Management System functionality. Read More...
Davidson Companies
Davidson Companies is a leading regional financial services holding company in northwestern United States composed of five subsidiaries and 1,200 employees. The

financial value stream mapping  is a leading regional financial services holding company in northwestern United States composed of five subsidiaries and 1,200 employees. The company’s back-office infrastructure could no longer support the timely and efficient administrative and financial reporting across all business units. Find out how TEC’s approach to software selection helped Davidson choose a fully integrated system in just 6 months. Read More...
Standards for Financial Plans
Large companies can afford to develop their own budget and forecast systems, but for small businesses, there’s only one choice—the spreadsheet. But spreadsheet

financial value stream mapping  for Financial Plans Large companies can afford to develop their own budget and forecast systems, but for small businesses, there’s only one choice—the spreadsheet. But spreadsheet financial plans are all over the map—no rules, no procedures, no consistent formatting, and minimal GAAP accounting. This white paper proposes standards that can help entrepreneurs and small business owners create, format,and manage financial plans. Read More...

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