Driving Better, Faster Decision Making through Finance

  • Source: SAP
  • Written By:
  • Published:
  • (Originally Published On:) )
Software can’t tell you how to beat the competition, but it can determine which products and services have the greatest profit margin, who are the most productive employees, or how investments are impacting the bottom line. Knowing that information helps you make the right decisions. This report addresses how finance can create an accurate, actionable 360-degree view of your company

Featured Software Research:

Total Cost of Goods Shipped: A Guide to Better Sourcing Decisions

To increase profits, companies are searching for ways to reduce costs or sell more at the highest possible price. Many companies are turning to imported goods and materials due to lower manufacturing costs, but this can involve many hidden costs. In this paper, PM War Stories and Pronto Software examines how to effectively track the total cost of goods shipped to aid executives in making faster, better sourcing decisions. Read More

Real-Time Versus "Right-Time" Decision Making: A New Competitive Advantage

In this day and age, the ability for a company to utilize information quickly and effectively is more important than ever before. But faster access to increasingly large amounts of data doesn’t always mean that good real-time decisions are being made.

Finance has to be involved in the selection and use of new analytic tools which rapidly define and filter data from a variety of sources. Selecting and sorting information into what’s vital to decision making and what isn’t allows for better... Read More

You may also be interested in these related documents:

Seeing the Big Picture: A Corporate Guide to Better Decisions through IT

  • Source: SAP
  • Written By:
  • Published:
Today’s small and midsize companies are destined to make uninformed decisions on an alarmingly regular basis. Executives simply do not have the relevant information to make the best decisions in a timely manner. Read this paper to know how gaining real-time visibility of the enterprise helps small and midsize companies leverage consistency, accuracy, and timeliness via a single data source to make better, faster decisions. Read More

The Renewed Finance Function: Extending Performance Management Beyond Finance

The role of the finance team has changed recently, due to increased oversight from regulators, more active investors, and company-specific changes in business operations. What steps are companies taking to respond to the internal and external forces? Find out how finance often repairs core finance and operating activities, as exposed in the results of a survey and a series of interviews among senior finance executives. Read More

Beyond Boundaries: A New Role for Finance in Driving Business Collaboration

The current global economic instability means firms have to quickly adapt to business conditions. This uncertainty may increase companies’ reliance on business alliances to provide as-needed skills, services, and products. To optimize these alliances, finance should enter the discussion as early as possible. Find out where finance’s true value lies when realigning strategic objectives to include business collaboration. Read More
comments powered by Disqus