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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 ease 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

it ease financial processes  Connection Financial Processes | IT Ease Financial Processes | IT Discover Easy-to-Use Solutions | IT Financial Processes to Extend | IT Efficient Finance Processes | IT Financial Processes Applications | IT Standardizes and Integrates Financial Processes | IT Organize Your Financial Processes | IT Finance Department Processes | IT Major Financial Processes | IT Financial Processes Deliver Transparency | IT Accelerates Financial Processes | IT Integrate Administrative and Financial Processes | IT Better Read More...
Delivering the Business Value of Automating Business Processes to Small and Medium Enterprise
Enterprises of all sizes today face common problems dealing with handling increasing business complexity while reducing costs. The solution continues to be the

it ease financial processes  for smaller companies. While it is common to speak of small and medium-sized businesses as a single market, they are very diverse, varying considerably by company size and industry. Vertical market expertise is a vital part of strategic planning. IDC research indicates a number of SMB trends that the SAP Business One offering should be able to capitalize upon, including: Companies want to deal with companies that understand their specific industry needs. SAP''s proven strengths and experience match well Read More...
Financial Reporting, Planning, and Budgeting As Necessary Pieces of EPM Part Two: Challenges and User Recommendations
Although CPM (aka EPM) starts with strong financial management, it will eventually extend beyond financial planning to almost all areas of corporate activity

it ease financial processes  is often wasted, because it is analyzed in pockets, thus preventing valuable insight throughout the enterprise and beyond. To that end, nowadays, popular uses of BI include management dashboards and scorecards, collaborative applications, workflow, analytics, enterprise reporting, financial reporting, and both customer and partner extranets, to name some. These solutions enable companies to, for example, gain visibility into their business, acquire and retain profitable customers, reduce costs, detect Read More...
Financial Reporting-Who Needs It?
Solid financial reporting applications are as different from run-of-the-mill reporting tools as financial accountancy is from bookkeeping. Organizations

it ease financial processes  of data. But when it comes to extracting insight from this data, many organizations that still rely on common tools might be unable to deliver the right information to the right people, or might be exerting excessive efforts to accomplish the task. These organizations should consider a financial reporting tool—which could give them the means to generate more valuable information to support the decision-making process of an organization, to comply with specific regulations, and to improve performance. 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 ease financial processes  consolidations, but the time it takes to perform a consolidation, multiplied by the required iterations and views in a close cycle, can add to the problem. Instead of supporting high performance, they become a major bottleneck. The performance of some applications is also greatly reduced when full audit features are turned on, forcing companies to sacrifice speed against auditability. By leveraging consolidation applications that allow and perform simultaneous consolidation processing yet don''t require Read More...
ITIL-Living Processes
The case company decided to carry out an information technology infrastructure library (ITIL) implementation, and in so doing hoped to make production in IT

it ease financial processes  to make production in IT more visible, increase customer satisfaction, and maintain or increase employee satisfaction in IT. Implement Consulting Group facilitated the process selection and design and managed the requirement collection, selection, and implementation phases of the project. 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 ease 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...
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

it ease financial processes  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...
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

it ease financial processes  minimal GAAP accounting. This white paper proposes standards that can help entrepreneurs and small business owners create, format,and manage financial plans. Read More...
IT Services: Outsourcing, IT Infrastructure Competitor Analysis Report
The IT Infrastructure Outsourcing knowledge base focuses on the selection of companies who provide outsource services in the areas of information technology (IT

it ease financial processes  Services: Outsourcing, IT Infrastructure Competitor Analysis Report The IT Infrastructure Outsourcing knowledge base focuses on the selection of companies who provide outsource services in the areas of information technology (IT) infrastructure. The typical types of activities that these providers perform include data center operations; network operations; backup/recovery services, data storage management services; system administration services; end user support of desktop PCs, laptops, and handheld Read More...
Improved Software Quality with Agile Processes
Unlike traditional models that are linear and inflexible, modern software processes have evolved to be iterative and incremental. This whitepaper argues that

it ease financial processes  Software Quality with Agile Processes Unlike traditional models that are linear and inflexible, modern software processes have evolved to be iterative and incremental. This whitepaper argues that because developers using the agile methodology are usually the first to test their own code, agile development results in higher quality software than what traditional software teams usually deliver. Find out more. Read More...
Operations Management in the UK Financial Services
The competitive nature of the financial services industry today and the changing landscape of the customer approach to investing puts an onus on suppliers to

it ease financial processes  UK Financial Services The competitive nature of the financial services industry today and the changing landscape of the customer approach to investing puts an onus on suppliers to consider how well they are dealing with customers’ business transactions. In order to provide better customer service—while at the same time improving operations—these organizations must invest in a system that allows real-time visibility of the entire process. Read More...
Proactive IT Triage for Sarbanes-Oxley Compliance
When it comes to Sarbanes-Oxley compliance, most IT organizations do not lack measurement data—in fact, they’re buried in it! What they need are effective ways

it ease financial processes  IT Triage for Sarbanes-Oxley Compliance When it comes to Sarbanes-Oxley compliance, most IT organizations do not lack measurement data—in fact, they’re buried in it! What they need are effective ways to put these measurements into the context of critical business services, establish baselines for every layer of every component, and proactively communicate which layer of which component is the root cause of any abnormality. 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 ease 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...

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