The Banking Industry: Planning the Road Ahead

  • Source: Oracle
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Effective planning is integral to the success of a bank. It helps define and ensure the achievement of the organization’s objectives. Understanding and implementing the planning cycle, which leverages forecasting, operational metrics, and multidimensional analyses can help management determine the feasibility of a strategy. An enterprise-wide, integrated planning and forecasting environment that reaches business units, products, customer segments, and geographies can align non-financial performance targets with high-level financial targets and help banks meet their goals.

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Software Usability Challenge for Electric Power Industry

  • Source: IFS
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Enterprise Resource Planning (ERP)/Enterprise Asset Management (EAM) usability is a challenge for the electric energy industry according to a study conducted for IFS North America. This paper outlines study results of 100 electric energy industry executives and offers advice for selecting ERP and EAM for maximum usability. ERP and EAM with enhanced usability increases productivity and system usage, maximizing value realized. Read More

Staying Ahead of the Curve: How to Ensure Your IT Organization Is in Touch with the Latest Industry Developments

New technology comes out daily; the key for every company is to determine when exactly to start using it. Are you on the bleeding edge, the leading edge, or are you a cautious adopter? Depending on the needs of the company and the technology, any one of those choices may be the right one. How do you decide which way to go? Listen to your IT team. Find out what three leaders in IT have to say and where they stand on the technology adoption spectrum and why. Read More

Finance Is Changing Fast, Can Your Apps Keep Up?

The finance field undergoes rapid changes—and financial organizations must be able to adapt to those changes at lightning speed in order to stay one step ahead of the competition. They must also be able to foresee customer needs and address them before them the competitors do, otherwise they risk losing their fickle clients.

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Strengthening Governance, Risk and Compliance in the Banking Industry

  • Source: The Economist
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Banks have progressed farther than companies in many other industries in automating financial processes and have more to lose from inefficient processes, facing intensified regulatory compliance. Effective governance, risk, and compliance (GRC) initiatives can multiply efficiency advantages of more conservative automation efforts while providing accurate, timely insight into the entire financial picture of the enterprise. Read More

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Prepared for the Road Ahead: A Solution for Electronic Toll Collection

  • Source: SAP
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