Documents » cornerstone boeing credit union sheri sala.
Abstract: In today’s marketplace,
credit unions face competition from community banks, money center banks, thrifts, other
credit unions, insurance and brokerage firms, and even large retailers that are expanding into banking services. With competition coming from every corner,
credit unions must use technology to their advantage, since it represents a phenomenal opportunity to improve efficiencies, manage costs, and streamline operations.
PubDate: 9/29/2006 11:15:00 AM
Abstract: Using credit and A/R management as a sales tool requires defining goals and measuring results. Determining the competitive landscape and using A/R management software with key features will help companies realize the full potential of credit and A/R management.
Abstract: The US energy sector has experienced recent loss of counterparty confidence. To offset this, managing credit risk has become paramount. Knowing what the risks are is just the start—risk mitigation methods must be used to reduce overall credit risk exposure and to free up capital resources. Find out three key ways to mitigate risk, and how a clearing, novation, and release agreement (CNRA) can help guarantee collateral.
Abstract: On December 16, Netherlands-based Baan Co. said the Boeing Co. has signed an enterprise-wide licensing deal that could expand its use of Baan's business applications.
Abstract: Learn how Boeing Autometric, a software and technical solutions provider for modeling, visualization, simulation, and analysis to customers in the defense, telecommunications, and commercial mapping industries, implemented a solution to manage customer communication and information.
Abstract: Learn how Boeing Aircraft and Missile Systems reduced its manufacturing costs and increased production, while decreasing its warehouse footprint, and keeping all of its current staff in place.
Abstract: In 2006, Envision Credit Union’s new chief financial officer (CFO) was looking to improve the visibility, efficiency, and accuracy of the company’s accounting and finance functions. Find out how a new business intelligence (BI) and analytics solution helped Envision reduce administrative costs, increase the average amount of overnight cash investments, and improve operational visibility, without adding staff.
Abstract: The credit and collection function is the most misunderstood, underutilized, and undervalued area of business. When allied with the sales function, controlled A/R can generate a significant cash inflow playing a huge role in the prospect-to-cash cycle.
Abstract: A recent survey of companies which have implemented SAP Accounts Receivable reveal more than a few areas where the system failed to deliver. Although nearly all reported one or more influences on credit and collections that did not relate to SAP, 70% of them felt shortcomings of SAP's A/R module were at least partly to blame for the observed rise in Days Sales Outstanding.
Abstract: Investment banks, hard-hit by the subprime meltdown and credit crunch, are grappling with a dramatically different deal landscape, all while coping with massive write-downs, staff cuts and budget cuts. Learn how client-centric strategies and customer relationship management (CRM) tools are helping banks maximize the value and loyalty of their client bases, take advantage of new opportunities, and do more with less.
Abstract: This case study describes how operational inefficiencies that resulted from overlap in human resources (HR) and payroll service delivery seem to have been overcome with the consolidation of services. Learn how Credit Lyonnais saved time and money, improved data accuracy and control, and enhanced and expatiated reporting capabilities.
Abstract: Noncompliance with Payment Card Industry (PCI) standards can have a devastating effect on any company that relies on credit card transactions. Contractual penalties and revocation of your rights to process credit card transactions are just two potential repercussions. Though there is no single solution for PCI compliance, you can minimize the risks by staying on top of the latest products and procedures. Learn more.
Abstract: Identity theft and credit card fraud affect all businesses—and the problem is only getting worse. In order to combat these threats, credit card companies have joined forces to introduce the Payment Card Industry Data Security Standard (PCI DSS). For financial institutions, complying with PCI DSS by using real-time monitoring and selective enforcement software can help to relieve the burden of unauthorized changes.
Abstract: In 2004, there were 1.3 billion credit cards in circulation in the US. With fraud incidents on the rise, credit card companies are at constant risk of losing sensitive cardholder data. At the same time, strict payment card industry (PCI) requirements are forcing companies to put better systems in place to ensure clients are adequately protected. By implementing the right software tools, achieving compliance is possible.
Abstract: Too often, manufacturers implement technology for financial reporting, but overlook efficiencies that can generate cash flow and reduce costs on the shop floor. While credit won’t cure the credit crunch manufacturers are facing, automated processes that improve cash flow and keep lenders in the loop can go a long way in convincing lenders that their risk is low. Find out more about how automated systems can help you.
Abstract: This white paper reviews the need for broader financial management solutions that enable the finance function to deliver greater transparency and visibility of business information. It also covers the growing requirement to improve both the efficiency of financial management and reporting processes, whilst at the same time maximizing the effectiveness of corporate performance activities.
Abstract: What differentiates highly successful companies from the ones that struggle, or worse yet, don’t make it? What do companies like Microsoft and Boeing have that ensures that they maintain their market leader status? They deliver their products, services, and images differently, but consistently. They have spent a great deal of money, research, and effort to determine their optimal business flow, and they follow business best practices that put in place “systems” that guarantee their success. Small businesses can also gain the competitive advantage by implementing best practices. Learn how Advantage can model, facilitate, and enforce those best business practices for small businesses.
Abstract: Boeing Autometric required a system that not only provided a singe view of its customers; it also needed to be flexible. The company did not want software that would force them to change the way they did business. They needed to be able to easily tailor the application to suit their processes.
Abstract: BECU, a credit union with more than 500,000 members, found its existing learning management system (LMS) was leading to employee frustration and not producing the needed training results. The company realized it needed a solution that would scale with the company’s rapid growth and provide functionality for employee performance management. Find out why the company chose Cornerstone’s OnDemand LMS to address its needs.