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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

finance decision areas  of Sarbanes-Oxley still draw finance teams away from activities that support decision making and presumably generate value for customers and shareholders. There are two forces over the last few years that have been pulling in opposite directions, says Laurie Brlas, chief financial officer of Cleveland-Cliffs, Inc., a $1.9 billion mining company in Cleveland, Ohio. I think Sarbanes- Oxley has pushed finance executives to be less strategic and more control focused kind of ‘the cop,' she says. On the o Read More...
Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » finance decision areas


The State of the Art in Finance
Thanks to recent accounting scandals and an increasingly competitive environment, many chief financial officers and the finance organizations they lead have

finance decision areas  increasing strategic demands on finance - most companies admit that, while they do want to focus more on decision support and management, they are in reality still spending almost half of their time on transaction processing (see Figure 2). Trying to Change Figure 2: However, some finance organizations have already made significant progress on their journey to becoming a strategic business partner, as illustrated in Figure 4. First-quartile performers spent only 30% of their resources on transaction proce Read More...
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

finance decision areas  increasing strategic demands on finance ' most companies admit that, while they do want to focus more on decision support and management, they are in reality still spending almost half of their time on transaction processing (see Figure 3). However, some finance organizations have already made significant progress on their journey to becoming a strategic business partner, as illustrated in Figure 4. First-quartile performers allocate only 30% of full-time equivalent (FTE) time to transaction processing, Read More...
In Search of Clarity: Unraveling the Complexities of Executive Decision Making
Decision making is at the core of all business activity, as executives set strategy and manage operations by weighing a vast array of factors to arrive at the

finance decision areas  when it comes from finance. There is a good deal less satisfaction with information coming from HR and IT, as well as from regional and country head offices. Line-of-business heads and other senior managers are more wary about the decision-making data at their disposal than C-level executives. Timeliness is also a problem. Only 10% of executives report that information to make a decision is usually there as needed, with more than one-third admitting it is only available after a long delay or not at all. Read More...
The Strategic CFO: Success Secrets of High-performing Finance Teams
Finance executives must meet a growing number of challenges if their companies are to continue being profitable. So how can they deliver strong performance in

finance decision areas  Executives are looking to finance groups to provide greater decision support and performance management. In too many cases, however, the finance organization may struggle to produce basic reports much less compelling analysis. It might not be able to clearly state which products are performing the best or which customers are most profitable. Such challenges prevent organizations from redirecting their activities and resources to the areas of greatest opportunity. Indeed, the corporation may end up Read More...
Support for Old Releases-Good for the User but Is It Good for the Vendor?
The decision to support older releases is like any other business decision, it is all about the money and profitability. If the vendor can make money at

finance decision areas  for Old Releases-Good for the User but Is It Good for the Vendor? Introduction A slew of recent announcements and vendor analyst briefings might be showing an interesting trend. Namely, enterprise software vendors are becoming more amenable to pledging support for older (even quite antiquated) product releases, much to the delight of anxious users who still rely on those releases. Until very recently, these users were faced with vendors' more or less subtle ultimatums and deadlines by which they Read More...
Microsoft Office Fluent User Interface: IT Decision-maker Perception
This white paper presents the results of a commissioned study conducted by Forrester Consulting on behalf of Microsoft Corporation to help IT organizations

finance decision areas  Office Fluent User Interface: IT Decision-maker Perception Microsoft Office Fluent User Interface: IT Decision-maker Perception If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. This white paper presents the results of a Forrester Research study commissioned by Microsoft to help IT organizations considering Office 2007 adoptions anticipate the impact of the new Fluent user interface on their end users. The results are based on an Read More...
Rising to the Challenge: Productivity in Accounting and Finance Organizations
During these challenging times companies need to do more with less. This need extends throughout the organization-and companies' accounting and finance

finance decision areas  Productivity in Accounting and Finance Organizations During these challenging times companies need to do more with less. This need extends throughout the organization-and companies' accounting and finance organizations are rising to the challenge. Know the most critical challenges faced by the CFO organization of companies in improving staff productivity and effectiveness of their operations according to research conducted by the Institute of Management Accountants (IMA). Read More...
Corporate System Solutions Inc.
Independent Finance System Selection & Implementation, Finance System Performance Analysis & Ad Hoc Solutions, Project Management, Business Analysis

finance decision areas  System Solutions Inc. Independent Finance System Selection & Implementation, Finance System Performance Analysis & Ad Hoc Solutions, Project Management, Business Analysis Read More...
Strategic Planning Applications for Better Decision Making
Successful strategic planning relies on your ability to develop and evaluate alternative strategies to identify the most viable approach. But when the outcomes

finance decision areas  Planning Applications for Better Decision Making Successful strategic planning relies on your ability to develop and evaluate alternative strategies to identify the most viable approach. But when the outcomes are dependent on complex systems that are difficult to predict, you might conclude that the unknowns are insurmountable. Avoid making decisions based on intuition—develop models using computer simulation for clearer pictures of the outcomes of your strategies. Read More...
Driving Better, Faster Decision Making through Finance
Software can’t tell you how to beat the competition, but it can determine which products and services have the greatest profit margin, who are the most

finance decision areas  Faster Decision Making through Finance Software can’t tell you how to beat the competition, but it can determine which products and services have the greatest profit margin, who are the most productive employees, or how investments are impacting the bottom line. Knowing that information helps you make the right decisions. This report addresses how finance can create an accurate, actionable 360-degree view of your company Read More...
Mobile Content and Document Management Best Practices and Decision Checklist
Every minute of every day, employees move business files onto their mobile devices so they can work at home, on the road, or at client sites. The result is the

finance decision areas  Content and Document Management Best Practices and Decision Checklist Every minute of every day, employees move business files onto their mobile devices so they can work at home, on the road, or at client sites. The result is the equivalent of a mobile scrum of risks, redundancies, and wasted efforts and resources. A result of the huge popularity of mobile phones and tablets and the bring your own device (BYOD) trend, the large number of mobile devices being used for work purposes and the large Read More...
Anatomy of a Decision: SAP vs. Oracle JD Edwards EnterpriseOne
There are many reasons beyond purchase price that influence an enterprise application investment decision. In an exploration of JD Edwards EnterpriseOne

finance decision areas  of a Decision: SAP vs. Oracle JD Edwards EnterpriseOne There are many reasons beyond purchase price that influence an enterprise application investment decision. In an exploration of JD Edwards EnterpriseOne customers that also considered Microsoft Dynamics, Nucleus found that functionality, reporting capabilities, staff skill availability, and partner and vendor support capabilities were key factors driving a decision to invest in EnterpriseOne. Download the complete results of this analysis now. Read More...

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