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Accounting and Financial Management - 2008

Get insight into industry developments, market trends, vendors, products, business processes, and more, with articles written by our analysts and other industry experts.

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Throw Away Your Financial Statements: Managing by Metrics
Charles Chewning Jr. 10/31/2008 12:00:00 AM
Analyzing static, detailed financial statements has been the modus operandi for hundreds of years. Because many business management systems can isolate and create graphics of key performance indicators (KPI), businesses should now concentrate on KPIs, which influence profitability.

Read Throw Away Your Financial Statements: Managing by Metrics

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Accounting for SMB Showdown
Larry Blitz 9/24/2008 12:00:00 AM
I'm Larry Blitz, editor of TEC's Vendor Showdown series. Today's Showdown pits two major enterprise resource planning (ERP) and accounting for small to midsized business (SMB) vendors against each other, head-to-head: Exact Software North America (a division of Exact Software) and Infor.

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Project-oriented versus Generic GL-oriented ERP/Accounting Systems
P.J. Jakovljevic 9/24/2008 12:00:00 AM
Caught between big-vendor ERP offerings requiring heavy customization, and off-the-shelf project management solutions that are easily outgrown, project-oriented organizations have special accounting needs. Find out more about those needs, along with recommendations for what solutions you should be taking a closer look at.

Read Project-oriented versus Generic GL-oriented ERP/Accounting Systems

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Cash Management 101
Leslie Satenstein 8/13/2008 12:00:00 AM
Cash management is an essential business process all organizations must perform to survive. Though cash management uses automation for much of the “grunt” work, it is human intelligence in the financial decision making that does the rest.

Read Cash Management 101

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Most Misunderstood Link in Supply Chain Management
Abe WalkingBear Sanchez 8/4/2008 12:00:00 AM
Business practices have changed dramatically through the years, but credit and collections is still handled like it was back in the 1950s. Fact is, it’s way past due to re-think this vital business function given today’s business realities.

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A Lexicon for Customer Relationship Management Success
Glen Petersen 9/29/2008 12:00:00 AM
Despite technological advances, users are dissatisfied with customer relationship management (CRM) systems. Ambiguous terms do not provide the vocabulary for concrete action and measurable expectations. Thus, CRM is perceived to be about intangibles, and is approached with a let's-hope–for-the-best mentality.

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Segregation of Duties and Its Role in Sarbanes-Oxley Compliance Issues
Alexander Hankewicz 8/27/2008 12:00:00 AM
The Sarbanes-Oxley Act (SOX) requires publicly traded firms to demonstrate that their accounting and reporting practices are in compliance with regulatory standards. Section 404 of SOX addresses the concept and practice of segregation of duties—a key aspect of this legislation, and the focus of this article.

Read Segregation of Duties and Its Role in Sarbanes-Oxley Compliance Issues

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Thou Shalt Comply (and More), or Else: Looking at Sarbanes-Oxley
P.J. Jakovljevic 8/27/2008 12:00:00 AM
Compliance with the US Sarbanes-Oxley Act (and a slew of other regulations) is crucial for all businesses, as failure to comply with the law’s strict standards and policies can spell disaster for executives and upper management of any enterprise.

Read Thou Shalt Comply (and More), or Else: Looking at Sarbanes-Oxley

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Process-based Governance, Risk Management, and Compliance
P.J. Jakovljevic 7/23/2008 12:00:00 AM
The right balance of automated processes with paper records and manual, human interaction is necessary to keep costs under control with a flexible yet controlled set of procedures. The strategic software category, governance, risk management, and compliance, is poised to help.

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Pricing Management Vendor Must Show Proven Payback from Clients
P.J. Jakovljevic 5/5/2008 12:00:00 AM
Vendavo’s recent growth is due to its reseller partnership with SAP, and the segmentation and optimization functionalities of its pricing solutions. But the vendor needs to stay on its toes, at least until its role in lifting almost every client profit margins is proven.

Read Pricing Management Vendor Must Show Proven Payback from Clients

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