Solving Sales and Finance in the Multicompany Enterprise

  • Source: NetSuite
  • Written By:
  • Published:
  • (Originally Published On:) )
A company with a global presence can easily face “double trouble” with regard to financial reporting. Each division needs to keep books, pay employees, manage accounts, and pay taxes in the currency of its region. But all accounts must be consolidated, which involves processes that can cause inaccuracies and use up valuable time. Find out how to more effectively close your books, and manage your disparate sales teams.

Featured Software Research:

Linked Enterprise Data: Principles, Uses, and Benefits

Over time, as a result of operating pressures, the proliferation of tools, and changing technology, the corporate information system (IS) has become fragmented. Whereas the database formed the heart of the system 20 years ago, today there are countless sources of data: ERP, customer relations systems, sales management, internal directories, intranets, extranets, websites, etc. Yet this huge quantity of data is not being mined for the wealth and scope of its potential by either employees or information... Read More

Empowering Modern Finance: The CFO as Technology Evangelist

Modern finance is service-oriented and committed to operational excellence. Modern finance leverages analytical expertise to provide management with data-driven insight and forward-looking guidance. This report explores how modern CFOs and finance executives are adopting emerging technologies within their finance functions to enable the development of new capabilities and to transform the role of finance. Read More

You may also be interested in these related documents:

Sales and Operation Planning: Integrate with Finance and Improve Revenue

Sales and operations planning (S&OP) is the key integrated process that the supply chain organization (specifically the vice president of supply chain) can use to achieve visibility across the entire organization and the value chain. 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. Read More

Solving Six Common Challenges with ERP

Each day brings a new set of challenges for process manufacturers. Some of these challenges need to be addressed with personalized company policies and well-designed standard operating procedures (SOPs). Other challenges can be addressed through implementation of an integrated enterprise resource planning (ERP) system. The six most common challenges addressed by an ERP system are described in this paper. Read More

Managing the Multicompany Corporation

For multi-organizational enterprises, generally accepted accounting principles (GAAP), Sarbanes-Oxley (SOX), and International Financial Reporting Standards (IFRS) have made everything from closing the books to daily management more complex. Learn how to manage the sales and financial components of your enterprise, including requirements for addressing differing currencies, taxation rules, and reporting. Read More
comments powered by Disqus