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The Financial Close: Optimizing Performance and Driving Financial Excellence
“Financial close” is a company’s ability to complete accounting cycles and produce financial statements for internal management and external legal reporting@and

benefits financial  to note that the benefits don't have to stop at the financial close. Much of the learning can be applied to other key processes. You can apply the same type of methodology ' challenging the way you do things, taking a holistic approach, and leveraging technology ' to other processes, such as planning, budgeting, and forecasting. In fact, 72% of respondents to the Business Objects and BPM Magazine survey feel that integration of actuals, plans, and forecasts is important or very important in reducing Read More...
Financial Packages
Financial packages encompass modules for bookkeeping and making sure that accounts are paid or received on time.
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Documents related to » benefits financial


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

benefits financial  good example of the benefits of economies of scale and financial automation in terms of staff efficiency can be seen in processing cash disbursement transactions and purchase orders. According to The Hackett Group, world-class companies are significantly more productive than industrystandard firms (see chart 4, More Nimble ). Managing Assets, Not Transactions Another key area of financial automation is cash management. While large companies have been automating this function for decades, increasing Read More...
Who Benefits from Outsourcing?
While simple on the surface, the decision to outsource is a major strategic undertaking. Besides weighing cost reduction against the consequences of reduced

benefits financial  create higher-paying jobs. The benefits of outsourcing and offshoring to the outsourcing country as a whole (rather than the obvious increases in profit margins, speeding up time-to-market, and higher product quality accruing to the outsourcing firms) are not always obvious, nor are they immediate. This helps explain why the issue has been heavily debated.  How does the country-outsourcer benefit from outsourcing and offshoring as a whole? Consumers: lower prices, higher quality, better experience Read More...
Accelerating the Financial Close: CFOs’ Insights into the Benefits of a High-quality Close
We interviewed CFOs at complex multinational companies to learn what they see as key to accelerating their consolidation and close processes, along with the

benefits financial  CFOs’ Insights into the Benefits of a High-quality Close We interviewed CFOs at complex multinational companies to learn what they see as key to accelerating their consolidation and close processes, along with the challenges they face. They see their ability to conduct a high-quality close as a competitive advantage, rather than simply a regulatory obligation. A well managed close process is also important for building investor confidence in the company. Find out more. Download this report now. Read More...
The Benefits of Next-generation ERP
Rapid changes in the market and in customer needs mean small to medium businesses (SMBs) must work harder to stay competitive. Setting and achieving goals in

benefits financial  investing in ERP The benefits ERP implementation is known to be expensive, time consuming, resource intensive and difficult to manage. With Unity on Demand, you can invest incrementally and benefit from immediate progress. Unity on Demand starts paying you back in months. How about others? Broad coverage of Enterprise Functionality — Cost effective, fast implementation and improved organizational productivity. Process oriented — Responsive and highly adaptable to changes. Highly scalable — Read More...
Optimizing Financial Performance for a Competitive Edge
In addition to traditional duties like financial planning, reporting, and governance, chief financial officers (CFOs) and financial managers are being tasked

benefits financial  comply with regulations Business Benefits Strategic alignment – Synchronize goals with initiatives, priorities, resources, budgets, reports, risk management, and analysis processes to access the information you need to improve performance and close the gap between strategy and execution Improved visibility – Ensure that all stakeholders in your organization own, maintain, and share information in context and in real time so they can identify areas for improvement and evaluate strategic scenarios for Read More...
Is Your Financial Transaction Secure?
The FDIC imposes IT integrity ratings on financial institutions. These ratings are known as URSIT ratings and are not disclosed to the public. There is no easy

benefits financial  Your Financial Transaction Secure? Event Summary You want to start doing on-line banking but you keep hearing about information security incidents that make you skeptical of the process. How do you know if your financial institution has done due diligence to protect your assets from wily hackers, cavalier administrators, and other information technology sepulchers? If a large sum of money disappeared from your account, and banking records indicated that you made the withdrawal, but you know you didn't, Read More...
2011 Buyer's Guide to Accounting and Financial Software
Learn more about theadvantages of the new generation of finance and accounting systems in The 2011 Buyer's Guide to Accounting and Financial Software...

benefits financial  Buyer's Guide to Accounting and Financial Software 2011 Buyer's Guide to Accounting and Financial Software Is your organization using antiquated financial and accounting software? The answer is likely yes. Virtually every major financial and accounting solution can trace its roots to the late 1980s transition from DOS to Windows. Modern finance and accounting systems are now designed for today's Internet-driven, always-on, always-connected, fast-changing world. Learn more about the advantages of the Read More...
Use Financial Analytics Solutions for Bigger Profits
And you can learn about it in the executive brief financial analysis clears the profit haze.

benefits financial  Financial Analytics Solutions for Bigger Profits Does it ever seem like you're shooting in the dark when it comes to making business decisions? You may get that feeling if you have only limited visibility into your company's financial state. Or if you have to rely on spreadsheets that contain errors and inconsistencies. Or if you're getting too many versions of the truth when it comes to analyzing your company's performance. If factors like these are creating a haze that's obscuring the true state o Read More...
The Best-of-class Financial Systems Strategy: An Alternative to ERP Platforms
This white paper features insight about the issues facing companies that need an adaptable financial system but not necessarily a full-blown enterprise resource

benefits financial  Best-of-class Financial Systems Strategy: An Alternative to ERP Platforms This white paper features insight about the issues facing companies that need an adaptable financial system but not necessarily a full-blown enterprise resource planning (ERP) solution. Also featured in this white paper: suggestions for identifying financial system functionality that will support your organization’s changing processes, and a descriptive checklist for soliciting such information. Read More...
Standards for Financial Plans
Large companies can afford to develop their own budget and forecast systems, but for small businesses, there’s only one choice—the spreadsheet. But spreadsheet

benefits financial  for Financial Plans Large companies can afford to develop their own budget and forecast systems, but for small businesses, there’s only one choice—the spreadsheet. But spreadsheet financial plans are all over the map—no rules, no procedures, no consistent formatting, and minimal GAAP accounting. This white paper proposes standards that can help entrepreneurs and small business owners create, format,and manage financial plans. Read More...
Best-of-Class Financial Systems: an Alternative to ERP
In Best-of-class Financial Systems: An Alternative to ERP, find outhow a best-in-class financial system might deliver all the functionalityyou real...

benefits financial  of-Class Financial Systems: an Alternative to ERP You can't survive without a full-scale ERP system. That's been the industry marketing hype for years, but does it apply to you? Yours may be one of many companies that can do well with a simpler, less expensive IT setup. In Best-of-class Financial Systems: An Alternative to ERP , find out how a best-in-class financial system might deliver all the functionality you really need-with all these advantages over ERP: less expensive less complex easily Read More...
Financial Analysis Clears the “Profit Haze”
Designed to be agile and dependable, financial analysis solutions can bring clarity to the reasons behind your company’s growth, and help steer you toward

benefits financial  much more complex. The Benefits of Centralized Financial Analysis There are numerous benefits of building a single dependable source for profitability information. To start, you can eliminate embarrassment when asked for basic financial metrics such as your top 10 most profitable customers by the CEO, board members, shareholders, or regulatory bodies. Perhaps more important is having a tool that provides the insight you need to increase revenue, profitability, and competitive advantage, while minimizing Read More...
Financial Excellence: Closing Your Books Quickly
Find out in the white paper the financial close: optimizing performance and driving financial excellence.

benefits financial  Excellence: Closing Your Books Quickly Thanks to time-consuming and labor-intensive compliance regulations—such as Sarbanes-Oxley (SOX)— producing quality financial statements and closing your books quickly is more difficult than ever . And the stakes are high. A fast financial close offers you time and cost savings; better relations with shareholders, investors, and regulatory agencies; timely, better-informed management decisions; more time for value-added analysis; and improved control Read More...
Oracle JD Edwards EnterpriseOne 9.0 for Financial Packages Certification Report
Oracle JD Edwards EnterpriseOne 9.0 is now TEC Certified for online evaluation of accounting solutions in the Financial Packages Evaluation Center. The

benefits financial  JD Edwards EnterpriseOne 9.0 for Financial Packages Certification Report Oracle JD Edwards EnterpriseOne 9.0 is now TEC Certified for online evaluation of accounting solutions in the Financial Packages Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More...

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