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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

financial system magazine  in a fast, high-quality financial close process. Data Entry and Validation Integration with source systems to improve the way data enters the system is only half the battle. Data coming into performance management applications also needs to be checked and filtered intelligently based on the reporting framework and rules defined by the central finance team. GAAP presentation, required breakdown of data, and start and end dates are examples of automatic checkpoints. By leveraging functionality in Read More...

The 2007 Microsoft® Office System in Manufacturing
This white paper highlights the key challenges facing the manufacturing industry, and discusses how the 2007 Microsoft® Office system can help maximize employee

financial system magazine  budgeting, scorecarding, forecasting, and financial analysis and reporting capabilities all delivered through the familiar Microsoft Office system environment. Using the Microsoft BPM solution, companies can align departmental or line-of-business plans and budgets with overall corporate strategy. The Microsoft BPM solution also removes many of the obstacles to gathering information, coordinating budgeting processes, and consolidating departmental budgets into a coherent corporate plan. The Microsoft Read More...
HR System for Banks, Financial Institutions
A multinational bank turned to TEC for help selecting a fully integrated human resources (HR) solution. Find out how the selection project played out.
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Documents related to » financial system magazine


The AS/400 Takes You Securely Where You Want to Go
This article on the built-in security features of the AS/400 system originally appeared in the Midrange Computing’s Showcase Magazine, June 2000.

financial system magazine  about security, e.g. online financial institutions, ought to be using SET not SSL. The fact that the AS/400 comes bundled with SET shows IBM's commitment and leadership when it comes to eCommerce security. The IBM Payment Server supports SET, and with this additional software package installed on the AS/400, if configured correctly, there is the potential to have a truly secure eCommerce server that transfers money from a users digital eWallete through SET to a Payment Server, and then to your bank. 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 system magazine  Forman has one companywide financial system that most recently added treasury/cash management capabilities. The technology enables us to quickly change organizational structures with the acquisitions, getting them up and running quickly and replicating our domestic capability worldwide, says Robert Waddell, Brown Forman s global treasury manager. Everything is driven by economy of scale, the same as the economics of an outsourcing model, says Neil McEwen, an Arlington, Va.-based managing consultant Read More...
What's Your Global Market Price?
Thoughts on global trade, outsourcing, and your pay--how we can stop the downward pressure on wages and salaries.

financial system magazine  most responsible for the financial and commercial system we have lived under for over 220 years. He went on to say, The maxims of the United States have hitherto favored a free intercourse with all the worlds. They have conceived that they had nothing to fear from the unrestrained competition of commercial enterprise and have only desired to be admitted to it upon equal terms . Interestingly, at the start of this United States, there was a fierce raging debate between the Federalists—George Read More...
OutStart TrainingEdge.com Learning Management System Certification Report
The OutStart product TrainingEdge.com is now TEC Certified for online evaluation of learning management systems in the Human Capital Management (HCM) Evaluation

financial system magazine  TrainingEdge.com Learning Management System Certification Report The OutStart product TrainingEdge.com is now TEC Certified for online evaluation of learning management systems in the Human Capital Management (HCM) 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 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 system magazine  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...
SMB Phone System Buyer's Guide
The SMB Phone Systems Buyers Guide makes it easy.

financial system magazine  Phone System Buyer's Guide Purchasing a phone system for a small or midsized business is getting increasingly complicated. With so many new features and capabilities and a multitude of vendors to choose from, how can you be sure to get the right system for your company’s needs? The SMB Phone Systems Buyers Guide makes it easy. In this complete guide to business phone systems, you’ll learn about cost considerations, key vendor information, basic and advanced features and options, tips and advice Read More...
GMS Accounting and Financial Management System
The GMS Accounting and Financial Management/Reporting System integrates all accounting activity into an entity-wide system. The GMS Accounting system is not

financial system magazine  Accounting and Financial Management System The GMS Accounting and Financial Management/Reporting System integrates all accounting activity into an entity-wide system. The GMS Accounting system is not sold as separate modules, but rather as a package containing all the necessary functions to run your not-for-profit on a daily basis. Our underlying system design is entity-wide, providing you an integrated accounting system that performs all accounting activities. Systems are available in a 1–2 user Read More...
Integrating Actuals into Financial Plans
Integrating actuals into the planning cycle is usually a zoo. Financial and operating results are spread across multiple databases. Actual results and plan

financial system magazine  Actuals into Financial Plans Integrating actuals into the planning cycle is usually a zoo. Financial and operating results are spread across multiple databases. Actual results and plan details are at different levels. Lack of underlying volumes and rates makes meaningful causal analysis difficult. Discover financial planning and analysis software that lets you fully integrate actuals, and plan using driver-based planning and reporting. Read More...
6 Signs That You Need to Upgrade Your Business Phone System
In 6 Signs that You Need to Upgrade Your Business Phone System, you'll find 6 key questions to ask about your company's current phone system.

financial system magazine  Signs That You Need to Upgrade Your Business Phone System 6 Signs That You Need to Upgrade Your Business Phone System Your business phone system is a vital communications link for your company's customers, suppliers, employees, and investors. But is it helping your company grow and prosper—or standing in its way? Fortunately, there's an easy way to find out. In 6 Signs that You Need to Upgrade Your Business Phone System , you'll find 6 key questions to ask about your company's current phone system. The Read More...
Financial Packages
Financial packages encompass modules for bookkeeping and making sure that accounts are paid or received on time.

financial system magazine  Packages Financial packages encompass modules for bookkeeping and making sure that accounts are paid or received on time. Read More...
How Much Should You Pay for Your Business Phone System?
Different buyers pay different prices for the same business phone system. While some buyers hesitate to negotiate the “special price” quoted to them, others

financial system magazine  Much Should You Pay for Your Business Phone System? Different buyers pay different prices for the same business phone system. While some buyers hesitate to negotiate the “special price” quoted to them, others leverage insider knowledge about the buying process to get a significantly better price for the same system. Our expert shares valuable phone system price negotiation techniques to empower you to get the best price on your business phone system equipment and service. Read More...
Financial Mobility-Balancing Security and Success
No financial services company can afford to relax when it comes to IT security. Banks, investment firms, and insurance providers must follow government

financial system magazine  Security and Success No financial services company can afford to relax when it comes to IT security. Banks, investment firms, and insurance providers must follow government regulations, to ensure a secure environment for processing, storing, and transmitting credit card information. At the same time, most companies need mobile technology to compete. Know how to provide financial services mobility while ensuring that no breaches occur? Read more. 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...

financial system magazine  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 new Read More...

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