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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 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

it major financial processes  Finance Department Processes | IT Major Financial Processes | IT Financial Processes Deliver Transparency | IT Accelerates Financial Processes | IT Integrate Administrative and Financial Processes | IT Better Manage Financial Processes | IT Continuous Process Improvement | IT Process Improvement Qualifications | IT End-to-end Processes for Financial | IT Financial Activities and Processes | IT Unified Financial Processes Streamline Operations | IT Financial Process Optimization | IT Financial Processes 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 major financial processes  benefits, including timetable reduction, it can affect every GL in every subsidiary '' and it''s a major undertaking. Implementing new consolidation software where existing applications were unable to deliver suitable quick wins or provide a sustainable infrastructure for the fast close in your organization Harmonizing packs and processes across reporting cycles. Standardizing on the same data flow each month helps to avoid discrepancies and reduces timetables because the increased volumes this Read More
Composing Collaborative Financial Applications
With its short term ownership under Baan all but forgotten, CODA has been doing well, owing to its astute offerings tailored to the preferences of each regional

it major financial processes  effort by the vendor. It also shows that CODA may remain one of the few finance-focused software companies that is able to invest seriously in new software development. Despite being a major new application, existing CODA-Financials users should be able to take advantage of the new release through a simple upgrade process that does not require major re-implementation work. In addition, CODA hopes that improvements to browsing and reporting, its built-in analysis capabilities, and the continuity provided 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

it major financial processes  audits. Banks audit themselves. It is up to the Board of Directors of each bank to provide the FDIC with an information technology and security audit report. The FDIC then reads the report and assigns an URSIT rating. URSIT stands for Uniform Rating System for Information Technology. URSIT ratings run on a scale from 1 to 5, with 1 being the highest rating with least degree of concern, and 5 being the lowest rating with most degree of concern. URSIT ratings are only assigned every other year, and only Read More
The Benefits of Focusing on a Niche and Serving it Well: EcFood - A Dot-com Making It
ecFood is a strategic sourcing vendor focused on the industrial food market. Its recent financial results prove that being highly focused can bring value to

it major financial processes  - A Dot-com Making It Event Summary Food and beverage industry strategic sourcing vendor ecFood , recently announced exceptional results for 2001 with dramatic increases in revenue, gross margin, transaction volume, customer acquisition and services. The privately held company closed out the year with record-breaking performance, including an 815% increase in gross margin from 2000 and revenue of $37.6 million. ecFood also acquired a major dairy industry purchasing association, retained two top ten food 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 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
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

it major financial processes  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. Read More
Financial Forecasting & Planning Summit - September 9/10, Boston MA
Financial Forecasting & Planning Summit – September 9/10, Boston MA. Don''t miss out on revolutionary trends shaping your industry at the Financial ...

it major financial processes  Forecasting & Planning Summit - September 9/10, Boston MA Don''t miss out on revolutionary trends shaping your industry at the Financial Forecasting & Planning Summit . At this exciting, one-of-a-kind summit, you''ll learn how to positively engage senior leadership around financial forecasts and reviews, use the financial forecast as the vehicle to drive accountability for results, optimize the role of Financial Forecasting & Planning in your company, and develop an approach to a single repeatable Read More
IT Investments and Business Value
The view of technology has evolved over time—from a strategic enabler and a competitive weapon to an operational overhead. IT projects that come in over budget

it major financial processes  to an operational overhead. IT projects that come in over budget and with missed deadlines and lackluster results do not help matters. It is up to the CIOs to restore the perception of IT in the enterprise, by understanding the company’s goals and showing business leaders how IT projects and services can help reach them faster. 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

it major financial processes  of human resource function, it has had to overcome an crucial obstacle: how to create joint value. This is essential for its consolidation as a core part of a business. Human resources has gone from being perceived as a secondary activity, as described by Michael Porter in Competitive Advantage, to becoming a primary activity that needs to improve to avoid being outsourced. Human resource function has reached high efficiency and effectiveness due to its professionalism. It has also been helped greatly by Read More
Managing Financial Performance: Closing the Gap Between Strategy and Execution
In Managing Financial Performance: Closing the Gap Between Strategy and Execution, learn how a unified, closed-loop performance management system...

it major financial processes  to measure, manage, and monitor performance. In Managing Financial Performance: Closing the Gap Between Strategy and Execution , learn how a unified, closed-loop performance management system can help your company make better, faster business decisions align strategy with execution more effectively collaborate more successfully develop key what-if scenarios become more agile and responsive develop better insight and visibility into cost and profitability drivers Learn how an EPM solution can help take 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

it major financial processes   Read More
Building Your Business Case for Best-practice IT Services Delivery
Whether it’s for an in-house delivery model or an on-demand model, a business case needs to justify the total value of a solution. This ensures that the

it major financial processes  Business Case for Best-practice IT Services Delivery Whether it’s for an in-house delivery model or an on-demand model, a business case needs to justify the total value of a solution. This ensures that the selected delivery model will help reduce operational costs and drive continuous value from IT investments. Learn how to properly prepare a business case that includes a total cost of ownership (TCO) analysis to assess both cost impacts and line-of-business impacts. Read More
E-discovery Compliance and The New Requirements of IT: The IT Manager’s Guide to 100% Compliance
Considering that e-mail and other electronically stored information (ESI) create the electronic equivalent of DNA evidence, there is no doubt that their

it major financial processes  Requirements of IT: The IT Manager’s Guide to 100% Compliance Considering that e-mail and other electronically stored information (ESI) create the electronic equivalent of DNA evidence, there is no doubt that their evidentiary role will continue to expand. Learn how implementing a strategic e-discovery compliance program can help US and Canadian employers preserve, protect, and produce legally compliant e-mail and other ESI when compelled to do so by a court or regulatory body. Read More
The 2011 Buyer''s Guide to Accounting and Financial Software
Too often, finance professionals must contend with outdated financial and accounting systems that present spiraling overhead costs, functional limitations, and

it major financial processes  risks. And that makes it challenging for them to respond to complex business issues such as frequent regulatory change and increased compliance challenges--as well as requirements for visibility across multiple entities, currencies, and tax and regulatory frameworks. Download this buyer guide for a comprehensive overview of how cloud computing can help, including a handy chart comparing software delivery models and vital tips for evaluating cloud solutions for finance and accounting. Read More

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