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Risks of Using Excel as a Financial Planning Tool
Structured planning can make all the difference to your business’s growth. But are you using the right tools? Spreadsheets may not be meeting your financial

financial risks  not be meeting your financial management and budget planning needs. Find out the risks of using spreadsheets as a planning tool, and how enterprise performance management can help consolidate your departments’ financial information and budgets to give you real-time views of business performance. 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 » financial risks


Managing Risk through Financial Processes: Embedding Governance, Risk, and Compliance
Initiatives to automate and streamline financial processes often focus more on reducing costs than adding value. Adding the kind of value you should have in

financial risks  fail to use their financial systems in this way may be missing an opportunity to manage risks more efficiently while improving the quality of decisions. To find out how senior executives view their financial processes, the Economist Intelligence Unit surveyed a global sample of mostly financial executives in September 2008. Some respondents focused on the importance of developing processes that reduced costs and improved efficiency. Others acknowledged the importance of cost and efficiency, but also Read More...
Managing Risks Associated with Outsourcing
Strategic cost reduction has been a focus area for financial institutions (FIs), with outsourcing emerging as a very attractive option lately. But outsourcing

financial risks  a focus area for financial institutions (FIs), with outsourcing emerging as a very attractive option lately. But outsourcing is fraught with risks. This article examines risks associated with outsourcing and offers perspectives on managing these risks. Read More...
Workday Becoming a Global Financial Management Software Provider
In a slew of announcements at the recently held Workday Rising 2012 user conference, one major theme has been that Workday, the cloud software company that

financial risks  Becoming a Global Financial Management Software Provider In a slew of announcements at the recently held Workday Rising 2012 user conference, one major theme has been that Workday, the cloud software company that initially started with providing human resource management system (HRMS) and which later added payroll software, now has 40 financial management customers as well (10 percent of its customer base). Most recently, the roster of Workday Financial Management customers has been joined by the Read More...
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

financial risks  optimizing operational efficiency. Leading financial management applications for governance, compliance, and risk (GRC) provide a risk-based approach to establishing a control environment and identifying the most effective and efficient controls for business processes and cross-enterprise IT systems. They reduce the cost of compliance by streamlining and automating control processes, including automated controls with lights-out control testing, to accelerate time to compliance. An additional critical Read More...
Customer Process Management Drives Profitability in Financial Services
As competition in the financial sector increases, many financial services providers are seeking ways to improve customer service and profitability through

financial risks  Management Drives Profitability in Financial Services As competition in the financial sector increases, many financial services providers are seeking ways to improve customer service and profitability through process efficiency. By developing rich integration between customer data and allowing that data to be managed by the business users, customer process management (CPM) enables financial services organizations to adapt to changing market demands and maximize their competitive edge. Read More...
Davidson Companies
Davidson Companies is a leading regional financial services holding company in northwestern United States composed of five subsidiaries and 1,200 employees. The

financial risks  is a leading regional financial services holding company in northwestern United States composed of five subsidiaries and 1,200 employees. The company’s back-office infrastructure could no longer support the timely and efficient administrative and financial reporting across all business units. Find out how TEC’s approach to software selection helped Davidson choose a fully integrated system in just 6 months. Read More...
E-Business Suite: 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

financial risks  Business Suite: 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 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...
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

financial risks  Small Change: World-class Financial Automation Delivers Dramatic Benefits Not Small Change: World-class Financial Automation Delivers Dramatic Benefits If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Founded in 1972, SAP has a rich history of innovation and growth as a true industry leader. SAP currently has sales and development locations in more than 50 countries worldwide and is listed on several exchanges, including the Frankfurt Read More...
People or Resources: The Financial Sector in a Crossroads
People management tools have become necessary, particularly in an environment such as the financial sector, where resources have become global and people

financial risks  or Resources: The Financial Sector in a Crossroads Introduction Ten years ago, in the mid-nineties, the financial sector faced four main challenges: market globalization, financial freedom, non-intermediation, and the importance of new technologies in business practices. Today, the first three challenges have been met, while the fourth is still being grappled with. The fourth challenge, technology, is the main obstacle facing every financial entity—from banks, savings banks, and rural banks, to 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.

financial risks  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 Read More...
Workday Update 18-Enhanced Financial and Workforce Management Capabilities
In an analyst webinar, Workday announced Update 18 of its Workday solution, which proposes enhancements for financial management, workforce engagement

financial risks  Update 18-Enhanced Financial and Workforce Management Capabilities In an analyst webinar, Workday announced Update 18 of its Workday solution, which proposes enhancements for financial management, workforce engagement, performance management, and flexibility. In 2012, Workday had three significant updates demonstrating sustained efforts to advance its product at a fast pace. Furthermore, the update contains more than 100 new items, 60 of which address client feedback that was collected through the Read More...
Coda Financials: 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

financial risks  Financials: 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 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...

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