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Accountants Deserve Better?
Accounting and BusinessAccounting departments have long suffered from being considered as serving a lower-priority function and playing a subsidiary role to

function of financial accountants  considered as serving a lower-priority function and playing a subsidiary role to other departments in any business—i.e., a “non-value creating” activity. Many business owners and top managers consider accounting as government mandated and a pretty much useless function. They also view accountants as boring bean counters whose only role is to prepare a few insipid reports a year, and who are known for their constant irritating interventions to “more valuable” departments with unclear (for most 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 » function of financial accountants


Attributes of Sarbanes-Oxley Tool Sets Part Two: Information and Communication, Monitoring, and Startup Tips
An earlier article, Audit Considerations for Enterprise Software Implementations, included a brief discussion of the use of computer-based tool sets and

function of financial accountants  to support the audit function in the following ways: Be resource-centric and understand corporate resources and relationships. Audit the administrative systems underlying business operations. Audit manual transactional input of transactions and support operations reviews and individual transaction processing. Integrate with other systems (such as the inventory management system) and cross-check the system counts against individual transactional processing product accumulations. Support internal and exte 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

function of financial accountants  by using the workflow functionality of your consolidation tools to publish tables of the best and worst performers and then implementing coaching processes to improve performance Assuming that the quick wins by themselves cannot lead you to achieve all your targets or that you're unable to implement them given your current systems, you then move on to third stage, the big wins. These require greater resources and more time but often lead to big reductions in the close process. Examples of big wins Read More
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

function of financial accountants  say sources, the finance function can fulfill an expanded mandate as the steward of both controls and company performance. Says Cathy Cranston, senior vice president of financial strategy at the $16 billion Bank of Montreal, The last few years have been just crazy with governance, with Sarbanes-Oxley, Basel II, and all the rest. And as a result, her company's finance team has had to focus on compliance matters more than it would like. She continues, Our investors are very demanding in terms of the Read More
Harness the Power of Your Virtual Sales Team
Early in the campaign, the important thing is to get all your team members on the same page, share available knowledge, and plan ways to gather other required

function of financial accountants  how your company's departments function. Except for your sales support staff, most of your team members have other responsibilities, of which helping to win sales is not high priority. In fact, some of the people who may be essential to your success may be reluctant to help you because they believe it will increase their risk or their workload. Rewarding those who assist the selling effort . Some companies give sales award trips and other recognition to non-sales staff that have helped win business. My ha Read More
SAP Remains One Of The Market’s Beacons Of Hope
On April 19, SAP announced upbeat results for Q1 2001, contradicting thereby the current market malaise. However, flat currency adjusted license revenue in the

function of financial accountants  catching up with the functionality of niche specialists. While SAP's aspirations of selling these, as standalone point solutions are still going to face fierce pure-SCM players competition, SAP can at least rely on a huge existing base to cross-sell to. The percentage of revenue coming from SCM (22%) speaks for the fact that resolving the 'nuts-and-bolts' collaboration problems that span multiple enterprises and multiple functional areas is becoming more important than ever. While initially tardy in Read More
Types of Video Conferencing
The use of video conferencing solutions has quickly become the standard of businesses with the highest distinction. Popularity of voice over internet protocol

function of financial accountants  of Video Conferencing The use of video conferencing solutions has quickly become the standard of businesses with the highest distinction. Popularity of voice over internet protocol (VoIP) video conferencing is on the rise, and there are a range of platforms and devices businesses use to communicate, with a growing number of protocols that make each of these interoperable. Read this detailed guide on several types of VoIP video conferencing solutions. Read More
The Pain and Gain of Integrated EDI Part One: The Pain of Integrated EDI
The real action is in merging the influx of electronically transmitted data with existing information already being processed within the ERP system, and the

function of financial accountants  deliver EDI-formatted documents and function like electronic toll roads, charging per document or kilo-characters of data.. Users have to pay transaction charges to VAN providers to ensure transactions are routed to the right recipient and are secure during transport. The amounts can quickly add up and consequently, the technology remains an expensive proposition.. Indeed, EDI has a reputation for being expensive to set up and run. Suppliers' network costs are driven up and they are forced to be Read More
The New Era of Mobile Intelligence: the Convergence of Mobile Computing and Business Intelligence
Computing is entering its fifth generation with desktop Internet applications giving way to a new generation of mobile Internet applications. As consumers

function of financial accountants  New Era of Mobile Intelligence: the Convergence of Mobile Computing and Business Intelligence Computing is entering its fifth generation with desktop Internet applications giving way to a new generation of mobile Internet applications. As consumers capitalize on the power of mobile devices, the same transformation is occurring in business. Learn how the convergence of business information and analytics with mobile technology is empowering business people in a way that was never possible—until now. Read More
A Spoonful of SugarCRMCase Study and Review of an Open Source CRM Solution
SugarCRM is a rapidly growing open source CRM company with solutions that appeal to a community of enthusiastic users. This study, based on a client who

function of financial accountants  can just as easily function in other environments, such as Windows (a WAMP environment), UNIX, or BSD/Mac OS X systems. SugarCRM was able to offer information about the scalability of its product and Prevalent was comfortable with open source technologies like Apache and PHP. It is well-documented that Apache is the dominant server platform for the World Wide Web, and PHP has built a reputation as an easy-to-work-with scripting language—adaptable to many different applications. This combination went Read More
Align Financial Processes and Systems for Better Business Value and Compliance
Financial business process professionals need to coordinate financial process life cycle activities in order to enhance the value of information within the

function of financial accountants  Financial Processes and Systems for Better Business Value and Compliance Financial business process professionals need to coordinate financial process life cycle activities in order to enhance the value of information within the business, and drive better execution of compliance measures. But too often, automation and integration gaps discourage their efforts. Download this report to learn how to integrate and automate these activities, and improve your ability to make strategic and tactical Read More
Financial Forecasting & Planning Summit - September 9/10, Boston MA
Financial Forecasting & Planning Summit – September 9/10, Boston MA. Don't miss out on revolutionary trends shaping your industry at the Financial ...

function of financial accountants  Forecasting & Planning Summit - September 9/10, Boston MA Don't miss out on revolutionary trends shaping your industry at the Financial Forecasting & Planning Summit . At this exciting, one-of-a-kind summit, you'll learn how to positively engage senior leadership around financial forecasts and reviews, use the financial forecast as the vehicle to drive accountability for results, optimize the role of Financial Forecasting & Planning in your company, and develop an approach to a single repeatable Read More
TEC 2013 Market Survey Report: What Organizations Want in Accounting and Financial Software
Looking for an accounting and financial solution? This report can help you spot trends in the accounting and financial software space. See what your peers and

function of financial accountants  important requirements, and what functionality might be a good fit for your company. Read More
Best-of-Class Financial Systems: an Alternative to ERP
In Best-of-class Financial Systems: An Alternative to ERP, find outhow a best-in-class financial system might deliver all the functionalityyou real...

function of financial accountants  ownership no loss in functionality Find out if your company can thrive with a smart, cost-effective alternative to ERP. Download your PDF copy of Best-of-class Financial Systems: An Alternative to ERP today. For assistance, please contact customer service. Hours: 8:00 AM to 5:30 PM EST. Phone: 514-954-3665, ext. 367. Read More
Financial Fusion ~ E-Finance Wireless Leader?
Financial Fusion’s expands e-finance possibilities. From this point forward a client can bank anytime, anywhere, without limitation. (Of course your cell phone

function of financial accountants  Fusion offers complete wireless functionality with rapid deployment due to the ubiquity of the Stage III Architecture. Of course, with any wireless venture, speed of implementation is important, but stability during rollout is even more so. The worst thing any company could do is to rush blindly into a wireless venture, simply because users are clamoring for it. Our advice is to take your time in selection, talk to AT&T and IBM Global Services in addition to Financial Fusion, not only to gauge pricing, Read More

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