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Software Functionality Revealed in Detail
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 grc major financial processes

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

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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 » grc major financial processes

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 your financial processes stands at the heart of a broader initiative known as governance, risk, and compliance (GRC). Learn why embedding the components of GRC within your financial processes can help you track financial flows and alert you when things might go awry.

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Governance, Risk, and Compliance Management


Governance, risk, and compliance (GRC) issues are hot topics today, thanks to high-profile stories about companies that failed to meet regulatory requirements. In each case, executives were held accountable, stock prices dropped, and brand image suffered. Find out about cross-enterprise GRC solutions that can make it easier to monitor compliance and risk effectively, and adjust to changing regulatory mandates.

grc major financial processes  across the enterprise reduces GRC costs and eliminates countless errors that can lead to major liabilities. Defining Single-, Multi-, and Cross-Application Software The GRC software industry is relatively new and, in many ways, has been playing catch-up with the needs of businesses seeking to comply with regulatory mandates in an effective, cost-efficient manner. As illustrated in Figure 2, software products are continuing to evolve from siloed GRC applications that focus on only one enterprise Read More

Enterprise Performance Management: Financial Excellence and Beyond


Financial performance management—often categorized as one aspect of enterprise performance management—can help chief financial officers (CFOs) maximize their companies’ profitability, protect against non-compliance, and optimize efficiency by ensuring delivery of information when it is needed, in context. Learn more about a solution that can help you adapt to rapid business change and predict future financial performance.

grc major financial processes  governance, risk, and compliance (GRC) issues. They need new ways to maximize profitability which requires greater visibility into and control over the drivers of their organization''s finances and operations. Naturally, the CEO looks to the CFO to help solve these problems. As a CFO functioning in this new environment, your responsibilities include: Ensuring that the company is executing toward strategic goals Acting as strategic advisor to business management by providing analytical support and helping Read More

Important Sarbanes-Oxley Act Mandates and What They Mean for Supply Chain Management


Two sections of the Sarbanes-Oxley Act (SOX) have major implications for supply chain management. Yet enterprises can meet the challenges created by SOX more easily by using software tools developed to simplify the processes for compliance with this law.

grc major financial processes  risk management, and compliance (GRC). To this end, their attention so far has been greatly focused on ensuring compliance with the US Sarbanes-Oxley Act (SOX). Chief financial officers (CFOs) and chief executive officers (CEOs) of publicly traded companies are now very much aware of the impact SOX has on their firms, as failure to comply with the law''s strict standards and policies, even unknowingly, can essentially end the career of any executive, and often in a disgraceful manner. For a discussion on Read More

Workday Becoming a Global Financial Management Software Provider


In a slew of announcements at the recently held Workday Rising 2012 user conference, one major theme has been that Workday, the cloud software company that initially started with providing human resource management system (HRMS) and which later added payroll software, now has 40 financial management customers as well (10 percent of its customer base). Most recently, the roster of Workday Financial

grc major financial processes  risk management & compliance (GRC), etc. Granted, Workday Financial Management might still be behind SAP, Oracle,  and  CODA Financials in terms of in-depth feature-by-feature comparison. But the attractiveness of Workday, in addition to its true cloud deployment and design concept with agility in mind, stems from the greater control to adapt and accommodate to new business requirements and processes, while reducing the level of IT support. Moreover, a consumer-driven, intuitive user interface (UI) 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 ensures compliance. The result is not only cuts in cost and time, but it adds a price value and creates a price advantage which helps companies enhance their competitive edge.

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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. Companies have to address these processes in a responsive, flexible way. However, this cannot be achieved simply by optimizing local activities. Multiple activities from different departments must be synchronized, toward the overall goal of increasing organizational profitability.

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Best-of-Class Financial Systems: an Alternative to ERP


In Best-of-class Financial Systems: An Alternative to ERP, find outhow a best-in-class financial system might deliver all the functionalityyou real...

grc major financial processes  best class financial systems alternative erp,best,class,financial,systems,alternative,erp,class financial systems alternative erp,best financial systems alternative erp,best class systems alternative erp,best class financial alternative erp. 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 achieve these goals? Because their twenty-first century vision is being held back by twentieth century processes and IT systems. The missing ingredient: information. And the key to facilitating the flow of information lies in integrated processes.

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Is Your Data Compliant? Electronic Recordkeeping Best Practices for the Financial Industry


Financial institutes are required to maintain and produce a variety of records related to their business activities, many of which exist in an electronic format. In order to satisfy the increasing number of regulatory mandates around electronic data, organizations should assess their regulatory obligations and streamline efforts to capture, maintain, identify, and produce these records to regulators. This white paper offers ten steps to guide organizations through this complex process.

grc major financial processes  electronic recordkeeping,data compliance,Globanet,financial recordkeeping best practices,recordkeeping software Read More

Financial Forecasting and Planning Summit, London UK, June 2-3, 2011


Financial Forecasting and Planning Summit, London UK, June 2-3, 2011. If you're interested in learning about the latest innovations in financial pl...

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Financial Excellence: Setting the Foundation for Business Success


To effectively track and forecast your company’s financial performance, you need up-to-date and reliable financial data. As your business grows and diversifies, you need to maintain liquidity and manage cash flow and profits. Integration of your business transactions and operational data with financial data makes this possible, and helps you eliminate departmental silos and streamline your business operations.

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Acumatica Financial Management Suite


The Acumatica Financial Suite includes a core set of applications that almost every organization uses, including general ledger, cash management, accounts receivable, accounts payable, tax management, and other functionality. Acumatica financials are designed for companies with complex requirements, but are easy to use in smaller organizations. The modules in the Financial Suite are integrated with each other and also with the other Acumatica suites.    

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