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Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » it benchmarking improving 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

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4 Steps to a Best-run Business
To promote fast growth, small businesses often sacrifice process control for creativity. But sooner or later, unstructured creativity compounded by fast growth

it benchmarking improving major financial processes  the software with minimal IT costs. SAP Business ByDesign automates business processes in a variety of areas across your business. Some of the areas and processes covered are listed in the table below. Automated Business Processes Finance HR Sales and Marketing Customer Relationships Manufacturing Supply Chain Services Supply Chain General ledger Fixed assets Inventory Management accounting Consolidation Payables/ receivables Payment and liquidity management Tax management and compliance Expense Read More...
The Financial Close: Optimizing Performance and Driving Financial Excellence
“Financial close” is a company’s ability to complete accounting cycles and produce financial statements for internal management and external legal reporting@and

it benchmarking improving major financial processes  | Operational Excellence in IT | Facilitate Excellence in Management of Wealth | Key Retail Financial Services Metrics | SAP Financial Excellence | SAP Excellence in Financial Management | SAP Achieve Superior Financial Performance | SAP Integrated Financial Management Solution | SAP Financial Excellence Achieve | SAP Optimize Financial Processes | SAP Performance Management Financial Excellence | SAP Keys to Financial Excellence | SAP Promote Financial Reporting Excellence | SAP Financial Implications 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

it benchmarking improving major financial processes  Engineering group: Investments in IT solutions that automate and standardize critical finance processes not only help decrease costs and cycle times but pay additional dividends in the form of strengthened compliance and improved financial returns. Moreover, these benefits are being realized 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 Read More...
Benchmarking ERP in SMB
Many small companies have limited resources to devote to the implementation and maintenance of enterprise resource planning (ERP). Fortunately, the price

it benchmarking improving major financial processes  logistics/ supply chain (4%), IT (40%), sales & marketing (6%), finance (19%) and others. Job titles included managers (27%), directors (6%), C-level & VP (31%), CIO/IT Leaders (21%) Industry: The research sample included respondents predominantly from manufacturing industries: Industrial machinery manufacturers (30%), metals and metal products (115%), automotive (19%), High Tech (18%), CPG/Food & Beverage (12%) and aerospace and defense (11%) manufacturers, medical devices (11%). Other sectors Read More...
What Makes a Good IT White Paper Good… and a Bad IT White Paper Very, Very Bad…
A white paper is a document or “brief” (and yes, perhaps unfortunately, I mean “brief” in the sense of something that informs rather than something that is

it benchmarking improving major financial processes  Makes a Good IT White Paper Good… and a Bad IT White Paper Very, Very Bad… A white paper is a document or “brief” (and yes, perhaps unfortunately, I mean “brief” in the sense of something that informs rather than something that is short —white papers are sometimes as concise as newspaper editorials, or run as long as the latest “… For Dummies” book; examples of this will be provided in upcoming posts). A white paper’s purpose is to educate the reader, who is the potential Read More...
Financial Mobility-Balancing Security and Success
No financial services company can afford to relax when it comes to IT security. Banks, investment firms, and insurance providers must follow government

it benchmarking improving major financial processes  afford to relax when it comes to IT security. Banks, investment firms, and insurance providers must follow government regulations, to ensure a secure environment for processing, storing, and transmitting credit card information. At the same time, most companies need mobile technology to compete. Know how to provide financial services mobility while ensuring that no breaches occur? Read more. 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

it benchmarking improving major financial processes  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...
Drink-IT Is TEC Certified for Mixed-Mode Enterprise Resource Planning
TEC is pleased to announce that Drink-IT by the NORRIQ Group is now TEC certified in the mixed-mode enterprise resource planning (ERP) software space. Drink-IT

it benchmarking improving major financial processes  for analysis and reporting. It is built on the latest release of standard Microsoft technology, with Microsoft Dynamics NAV as the core component, making Drink-IT a standard and scalable solution that can support businesses as they grow. Drink-IT has held the status of “certified for Microsoft Dynamics NAV” (CfMD) for the last 6 years.    NORRIQ’s added functionality supports global beverage producers and distributors in a number of areas beyond the Dynamics NAV solution: Figure 1 : Drink-IT Read More...
2011 Buyer''s Guide to Accounting and Financial Software
Learn more about theadvantages of the new generation of finance and accounting systems in The 2011 Buyer''s Guide to Accounting and Financial Software...

it benchmarking improving major financial processes  Find out how easy it is to bring your financial and accounting software into the modern era. Download your PDF copy of The 2011 Buyer''s Guide to Accounting and Financial Software today. For assistance, please contact customer service. Hours: 8:00 AM to 5:30 PM EST. Phone: +1 514-954-3665, ext.367. Read More...
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,

it benchmarking improving major financial processes  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. Read More...
Why Are You Afraid of (Re) Defining Business Processes?
We all are—except consultants who praise the importance of business processes, but sometimes don’t practice what they preach. Business processes can be simply

it benchmarking improving major financial processes  always done rather than it being a way to work more efficiently. There are a few very good reasons that make people afraid of changing the way they do their business processes. Let’s take a look at some of them: Accountability : Well defined business processes allow managers to know who did what and when. Wisely used, this is a great way to improve everyone’s work. But, since we’re all human—and therefore far from being perfect—we often tend to abuse the power we’re given. This is what people Read More...
Use Financial Analytics Solutions for Bigger Profits
And you can learn about it in the executive brief financial analysis clears the profit haze.

it benchmarking improving major financial processes  for Bigger Profits Does it ever seem like you''re shooting in the dark when it comes to making business decisions? You may get that feeling if you have only limited visibility into your company''s financial state. Or if you have to rely on spreadsheets that contain errors and inconsistencies. Or if you''re getting too many versions of the truth when it comes to analyzing your company''s performance. If factors like these are creating a haze that''s obscuring the true state of your business, there is a Read More...
Oracle Financial Analyzer to Hyperion Planning Migration
This paper focuses on identifying the similarities and differences between Oracle Financial Analyzer (OFA) and Hyperion Planning (HP). For users who are

it benchmarking improving major financial processes  focuses on identifying the similarities and differences between Oracle Financial Analyzer (OFA) and Hyperion Planning (HP). For users who are migrating, or thinking of migrating, to Hyperion Planning, strategies will be discussed to ensure their existing functionality can be replicated in HP. The paper is aimed at users who are familiar with OFA or similar multidimensional database applications. Read More...

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