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Best Practices in Creating a Strategic Finance Function
Many chief financial officers (CFOs) have started to take on new strategic roles. Their goals are to enforce stricter controls to ensure legal and regulatory

accounts department function  extracted from the SAP® accounts payable and treasury applications for all types of payment. In effect the central treasury department has become the house bank for all of the company's far-flung subsidiaries. The company believes straight-through processing eliminates costly errors caused by processing different payments in different countries. In addition, the straight-through processing of foreign exchange has cut down on difficulties in reconciling payments and revenues in the 30 or more currencies Read More...
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Documents related to » accounts department function


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

accounts department function  indus- try completely automated its accounts payable and cash management functions, enabling the company to process thousands of payments every month with just two full-time employees. The company also automated its cash management activities, enabling the finance department to perform reconciliations across its numer- ous banking relationships in just a few hours a day. Because of the automated processes, the company has also reduced its bank fees, lowered its operating costs, and generated higher Read More...
Not Small Change: World-class Financial Automation Delivers Dramatic Benefits
Automating finance processes@such as closing the books, reporting, and other labor-intensive processes@reduces finance costs. By streamlining financial

accounts department function  books, reporting, accounts receivable, accounts payable and other labor-intensive processes reduces finance costs. By streamlining finance processes, finance professionals can spend more time on higher value responsibilities. A streamlined finance department provides more forward-looking decision support and strategy guidance to the business. The more nimble the finance department, the better prepared a company will be to identify and take advantage of opportunities and deal with unexpected challenges. Read More...
Most Misunderstood Link in Supply Chain Management
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

accounts department function  average turn-time on the accounts receivable (A/R)—the days sales outstanding (DSO) or collection days index (CDI)—and percent of A/R written off as a bad debt loss (money the customer didn't pay). The same as in the '50s. As for usable written policies and procedures, many of these companies have none; only a few have actually documented the why, what, how, and when. The problem with many of these companies is that they have had the same policies and procedures since the 1950s. The new guy learns Read More...
The Quaker Oats Company: A CHAMPS Customer Profile
Quaker Oats has been an icon in Cedar Rapids, Iowa (US) since 1901. In 1979, Quaker sought a system for the storeroom function and purchasing department, and

accounts department function  CHAMPS with the existing accounts payable system, for seamless data transfer between the maintenance and accounting departments. Read More...
Case Study: IAP Worldwide Services
IAP, a support services provider to the US Department of Defense and other federal customers, had to address the increasing challenges of forecasting and

accounts department function  Study: IAP Worldwide Services IAP, a support services provider to the US Department of Defense and other federal customers, had to address the increasing challenges of forecasting and budgeting. Its old financial system required time-intensive data entry and lacked the functionality for detailed resource planning and reporting. Of all business analytics products, IAP found Cognos TM1 offered the speed, agility, and Web-based functionality it needed. Read More...
The Oxford Princeton Programme
Since they implemented Maximizer Enterprise, the sales people have found it easy to learn, and the marketing department has taken advantage of its flexibility

accounts department function  Oxford Princeton Programme Since they implemented Maximizer Enterprise, the sales people have found it easy to learn, and the marketing department has taken advantage of its flexibility to customize it to their business and marketing needs. Having recently upgraded to Maximizer Enterprise 7 with the implementation, installation, and training services of Certified Multiactive Business Partner, Wintec Group, the users and administrators have seen increased reliability and speed in the daily use of its Read More...
Software Estimation How to Go About It
While many software professionals know one or more software sizing techniques@most have a reasonable understanding of function point analysis (FPA) or use case

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HR Best Practices: Delivering Strategic Value to the Enterprise
Learn how your HR department can respond quickly and effectively to a full range of business challenges and opportunities in HR Best Practices: Del...

accounts department function  Best Practices: Delivering Strategic Value to the Enterprise In today's hyper-competitive and volatile business environment, human resources (HR) must do more than engage in routine administrative tasks. HR must serve as a strategic partner—able to deliver the right information at the right time on issues of performance, cost cutting, hiring, top talent recruitment, and response to legislation and regulation. Learn how your HR department can respond quickly and effectively to a full range of business Read More...
HighJump Grows in a Period of Low Growth Through Adaptable, Broad Function Products
With approximately 180 employees, HighJump Software is in growth mode with total revenue up 40% in fiscal 2002 and with current year over year revenue growth of

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SAP ERP: Financial Packages Competitor Analysis Report
This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and

accounts department function  criteria for general ledger, accounts payable and receivable, reporting, and other bookkeeping requirements. This knowledge base in particular, offers a view on enterprise financial packages, which can complement an existing ERP system. Read More...
AnyDoc Case Study: The City of Baton Rouge Brokers a Solution
More than 95,000 documents arrive annually at Baton Rouge’s Department ofFinance in the form of invoices, purchase orders, confirmations, and more. In an

accounts department function  Case Study: The City of Baton Rouge Brokers a Solution More than 95,000 documents arrive annually at Baton Rouge’s Department of Finance in the form of invoices, purchase orders, confirmations, and more. In an effort to get this vast amount of documents under control, it sought an automated indexing solution that would eliminate the need for filing cabinets. Since deploying BROKERit, the department has increased productivity and realized an annual savings of $58,000 (USD). Read More...
Retalix Acquires a Provider of Store Systems for Top Tier Department Stores
Retalix' acquisition of Cornell Mayo Associates is symptomatic of the current trend of acquisition and consolidation in the retail marketplace (just look at

accounts department function  Acquires a Provider of Store Systems for Top Tier Department Stores Retalix' acquisition of Cornell Mayo Associates is symptomatic of the current trend of acquisition and consolidation in the retail marketplace (just look at RedPrairie’s four recent acquisitions in this area). This is a fast-changing marketplace, with retailers looking for broader solutions and less interested in multiple point solutions. Predicting how this merger will go is tricky, but in general I think it has to be a good Read More...
Commerce One Meets GM: Web Now Has A Really Big Parts Department
General Motors will use Commerce One's E-commerce systems to build a global purchasing marketplace for its buyers and suppliers.

accounts department function  One Meets GM: Web Now Has A Really Big Parts Department Event Summary Commerce One (NYSE: CMRC) and General Motors announced an Internet enterprise that will bring GM's purchasing expertise to a marketplace consisting of GM's suppliers and dealers and of other businesses. The new venture, dubbed GM MarketSite, is expected to begin operation in the first quarter of the year 2000. GM MarketSite will be a member of Commerce One's Global Trading Web, a loose network of purchasing portals (See TEC News Read More...
Evaluating Enterprise Software - Business Process or Feature/Function-Based Approach? All the above, Perhaps?
Owing to learning from the past experiences and to the help of specialized selection service providers, selecting an enterprise package has to a degree, become

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