Finance Organizations

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Increasingly, prudent companies are drawing their finance organizations into greater collaboration with the operational aspects of the enterprise. Moreover, companies are asking their financial officers to take on a more prominent role in defining company strategy. This SAP Executive Insight examines the changing role of the finance organization in today’s business environment.
Related to Finance Organizations: Accounting and Financial Management, Compliance Management/Sarbanes-Oxley Compliance, Strategy, SAP, Finance and Insurance
This white paper highlights the results of over 220 companies participating in a survey on S&OP initiatives, and compares the views of the supply chain and finance organizations.
Related to Finance Organizations: Accounting and Financial Management, Operations Planning, Logility
Too many finance organizations remain mired in ad hoc and fragmented financial environments, prone to process disruption and swallowed up by tactical demands.
Related to Finance Organizations: Accounting and Financial Management, Infor, Finance and Insurance, Professional, Scientific, and Technical Services
INTRODUCTION Benchmarking is an important tool that finance organizations use to stay competitive. It allows them to determine the value of adopting best practices and changing business processes. To assess the trends in the finance function and identify best practices, APQC has evaluated the performance of over 130 finance organizations.
Related to Finance Organizations: Accounting and Financial Management, Business Performance Management (BPM), Business Process Outsourcing, SAP, Finance and Insurance
INTRODUCTION Benchmarking is an important tool that finance organizations use to stay competitive. It allows them to determine the value of adopting best practices and changing business processes. To assess the trends in the finance function and identify best practices, APQC has evaluated the performance of more than 130 finance organizations as part of its OSBC research.
Related to Finance Organizations: Accounting and Financial Management, Business Intelligence (BI), Business Performance Management (BPM), Competitive Analysis, Compliance Management/Sarbanes-Oxley Compliance, Regulatory and Compliance, SAP, Finance and Insurance
We are proud to sponsor this research and hope readers gain key insights into how fellow finance professionals in leading companies are transforming their finance organizations.
Related to Finance Organizations: Accounting and Financial Management, Business Process Automation, Business Process Management, Enterprise Accounting, Practices and Business Issues, SAP
The Best-of-class Strategy The best-of-class approach allows finance organizations to benefit from a highly functional financial application that can be easily changedwithout the burden of a full-blown ERP platform.
Related to Finance Organizations: Accounting and Financial Management, Enterprise Resource Planning (ERP), Software Selection, Technology Evaluation Centers
1 World-class companies and their finance functions now rely on a single ERP system, according to The Hackett Group research; yet, typical finance organizations still rely on an average of two ERP systems.
Related to Finance Organizations: Learning Content Management System (LCMS), Software Migration, Technology Tools and Methods, onDemand Software, Management of Companies and Enterprises
The leading finance organizations are also involved with monitoring the performance of alliances and ensuring that they keep making business sense for the partners. The executives we talked to recognize that the world changes around them, and sometimes so does the rationale for partnering. The leading finance organizations use the same type of fact-based assessment of strategy and performance to continually monitor the usefulness of alliances.
Related to Finance Organizations: Change Management, Collaboration and Groupware, Collaborative Work, Management Practices, Partnership Management, Practices and Business Issues, Risk Management, Strategy, SAP
 
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