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 financial objective of a firm


The Sarbanes-Oxley Act May Be Just the Tip of a Compliance Iceberg
The Sarbanes-Oxley Act is not the only government regulation that enterprises must comply with. Several others make it imperative that appropriate enterprise

financial objective of a firm  management, finance techniques, international financial reporting and prudential standards, etc. One key objective is that the requirements better reflect the true risks of an insurance undertaking, as there is widespread recognition that this is not the case in the current system. Another important feature of the new system will be the increased focus on the supervisory review process, with the idea to increase the level of harmonization in general, including that of supervisory methods, tools, and

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Browse RFP templates

Visit the TEC store for RFP templates that can save you weeks and months of requirements gathering, and help ensure the succes of your software selection project.

Browse Now
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

CRM for Financial and Insurance Markets

Customer relationship management (CRM) focuses on the retention of customers by collecting data from all customer interactions with a company from all access points (by phone, mail, or Web, or in the field). The company can then use this data for specific business purposes by taking a customer-centric rather than a product-centric approach. CRM applications are front-end tools designed to facilitate the capture, consolidation, analysis, and enterprise-wide dissemination of data from existing and potential customers. This process occurs throughout the marketing, sales, and service stages, with the objective of better understanding one’s customers and anticipating their interest in an enterprise’s products or services.  

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Documents related to » financial objective of a firm

The Definitive Guide to Successful Deployment of VoIP and IP Telephony-Chapter 3


When deploying any new system, preparation is key—and Internet protocol telephony (IPT) systems are no exception. Part 3 of this 4-part e-book series provides some basic steps you can take to successfully deploy voice and data network services. A complete capabilities inventory has been included to help you ensure that every feature of your current system will be considered for inclusion in your new system.

financial objective of a firm  smaller role in the financial services sector. Business drivers, market shifts, and process re-engineering all play a role in determining what strategic new applications a business might deploy. CRM systems are permeating many new businesses. Enterprise resource planning (ERP) solutions are another factor for many organizations. It doesn't matter whether you're deploying Oracle, SAP, or a Web application; the odds are high that any strategic change in your data services applications will ripple into Read More

State of the Market: HR


More than ever, executives are looking to transform human resources (HR) from a seemingly low-priority function into a strategic part of the business. This state of the market report from TEC discusses the challenges that small to medium businesses (SMBs) face when recruiting, hiring, and managing staff. It also features information about the latest human resources information system (HRIS) offerings for the SMB market.

financial objective of a firm  customers with convenient, quality financial services. The Commerce-Lawson partnership started in August 2000, with the signing of its first product license agreement. At the time, Commerce began using the Lawson Human Resource Management Suite, which helped simplify and streamline operations within their organization. Still, Commerce had upheld a wish list for changes and enhancements they wanted to see in the next generation Lawson Talent Management Suite solution. Business Issue For example, their 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 processes, you can spend more time on higher-value responsibilities and help ensure your company has a competitive advantage. Find out about the financial solutions many financial managers are implementing to automate their financial processes and financial transactions.

financial objective of a firm  Koschak, vice president of financial reporting. The new system will gather and consolidate a consistent level of data across every entity, so more data can be analyzed promptly. Our objective is to more quickly get better information out to people on a consolidated basis and to the different legal entities, Koschak says. Over time, that analysis also will become more sophisticated, leading to not just faster closes but greater business insights, such as which countries have submitted their balances Read More

The Collaboration Advantage: Customer-focused Partnerships in a Global Market


Survey data shows that companies want to improve their strategic business partnerships. Reflecting on lessons learned from past business relationships, 60 percent of respondents say that in future they’ll place more emphasis on developing personal relationships and setting expectations with business partners. Find out how these companies are creating collaborative networks that include business partners and consumers.

financial objective of a firm  during that country's 1997 financial crisis. Those suppliers made similar requests to other original equipment manufacturers (OEMs), but did not receive the same level of support. The Toyota message has been heard in corporate boardrooms around the world. Although other firms have been slower to act upon Toyota's best practices, more and more companies now understand the value of enhanced relationships with their suppliers. The benefits of collaboration extend beyond the supply chain. Survey data reveal Read More

A Short Guide to a Faster WAN


Wide area networks (WANs) are essential to the majority of businesses, enabling effective communications within the organization and with customers, partners, and suppliers. As more bandwidth-intensive applications are added to the mix, these networks are expected to handle the extra load—which can decrease its performance. Ensuring WAN usage is well-managed eliminates unwanted traffic and accelerates business activity.

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Q: Who Wants to Marry a Multi-Billionaire? A: Baan -- Foster Care for Its Orphans Needed As Well


Baan Co. interim chief executive Pierre Everaert said he could not rule out a takeover of the troubled Dutch business-management software group. We hereby provide a list of (un) usual suspects.

financial objective of a firm  the resignation of chief financial officer Jim Mooney. Earlier in February, Baan reported a sixth consecutive quarter in the red and a full-year loss. Its fourth-quarter net loss amounted to $236.2 million. The results, combined with the resignation of Coleman and Mooney, sent Baan's shares plunging to a five-year low. The shares plunged 60 percent in three days. Everaert said Baan would rather not be taken over. The primary goal is to survive with the structure we have. But we face challenges, he Read More

Get ERP Right the First Time: A Practical Guide to Selecting and Implementing a New ERP System


Every company faces different challenges and has different needs in regard to enterprise resource planning (ERP). Choosing the right ERP system can be difficult because there is really no one-size-fits-all ERP solution. However, there are certain basic principles that apply to nearly every company’s situation. Find out what they are, and learn how you can increase your chances of a successful ERP implementation.

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Distribution in a Challenging Economy: Online (Software as a Service) versus Traditional Software


When considering major purchases, most people ask, “Why rent when you can buy?” But with IT systems, the reverse may be true. Software as a service (SaaS) offers many advantages over traditional software, especially in terms of the on-going costs of maintaining and upgrading systems. Learn how passing those burdens on to a SaaS vendor can help your company focus on optimizing efficiency, productivity, and profitability.

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Brewing Up a Better Schedule for a Product with Many Variables


For the coffee producer Mother Parkers, scheduling coffee production across two plants was an ever-increasing challenge. Mother Parkers decided to take proactive steps toward consolidating its day-to-day scheduling data by engaging Supply Chain Consultants (SCC) to help. SCC applied its scheduling algorithms to improve schedule attainment, visibility, and stability—exactly what Mother Parkers needed.

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Taking Innovation from a Buzzword to a Business Standard


Companies realize that innovation can mean the difference between effectively growing or transforming their business and falling behind. But for a company to thrive in today’s environment, innovation has to be seen as more than a clichéd talking point. It has to be a key part of the company’s core business processes. Download this interview with Eric Verniaut, SAP’s head of North America services, to find out how innovation has helped services delivery models to evolve.

financial objective of a firm  SAP HANA,Eric Verniaut,service delivery model,SAP Services organization,business innovation Read More

Key Performance Indicators (KPIs)-A Critical Component of Enterprise Business Intelligence (BI)


The wise enterprise recognizes the need for objective metrics and measurements and for its users to establish metrics to monitor and manage results at every level in the organization. To meet these goals, an enterprise must select a sophisticated BI solution with powerful KPI and other BI and CPM features that are simple enough for every user and accessible from within and outside the walls of the enterprise. See how.

financial objective of a firm  Performance Indicators (KPIs)-A Critical Component of Enterprise Business Intelligence (BI) The wise enterprise recognizes the need for objective metrics and measurements and for its users to establish metrics to monitor and manage results at every level in the organization. To meet these goals, an enterprise must select a sophisticated BI solution with powerful KPI and other BI and CPM features that are simple enough for every user and accessible from within and outside the walls of the enterprise. Read More

It’s a Portal...AND It;s a Gateway


AOL has partnered with Gateway to develop a line of Internet-ready Linux desktop appliances based on the Netscape 6 browser.

financial objective of a firm  aol,desktop appliance,America Online and logo,Gateway,Instant AOL,AOL Time Warner,AOL's CompuServe division,AOL 5.0 CD,AOL Gateway desktop appliance,Internet appliances,remote desktop appliance Read More

A Very Helpful Tool When You’re Choosing a New Software Solution


If you've ever been involved in selecting a business software solution, you know how tricky it can be. Today’s software systems are quite complex, and it can be very difficult to tell which vendor has the solution best suited for the special needs and business processes of your organization. One way to help avoid making a bad choice is to have a complete list of software functions to refer to.Let

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