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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

implement financial  potential. People attempting to implement a financial close project often underestimated the need for a structured approach to industrialize the close with a formal methodology. Additionally, the impact of the Sarbanes- Oxley Act of 2002 (SOX) was hugely underestimated, to such an extent that it challenged the dominance of the United States at the top of the fastclose league, allowing companies in Europe to narrow the advantage the United States had traditionally held. In the following sections, we 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 » implement financial


Aquilon Financial Administration and Management
Aquilon Financial Administration and Management is fully integrated accounting, distribution, and light manufacturing enterprise resource planning (ERP

implement financial  (ERP) software. When you implement Aquilon ERP you can expect functionality seen in higher-end ERP systems but at an entry level cost. This fully integrated system, covers all aspects of accounting and finance, distribution, supply chain, and manufacturing, and benefits your enterprise by: Removing independent silos of programs and data consolidating them into a single fully integrated, cost effective and easy to use system. Reducing redundant effort through integrated and proven business processes. Read More...
Financial Analysis Clears the “Profit Haze”
Designed to be agile and dependable, financial analysis solutions can bring clarity to the reasons behind your company’s growth, and help steer you toward

implement financial  you cannot expect to implement a financial analysis solution and meet all of your challenges overnight. Technology eliminates the manual manipulation of data, resulting in greater efficiencies and business agility, reduced cost, and reduced errors. It also solves the issue of the disconnects in the company: disconnects between finance and the business, disconnects between various units within the business, and disconnects between various support systems. Business processes must already be in place in Read More...
Executive Brief: 3 Key Success Strategies for Insurance, Banks, and Financial Services
Financial services organizations are always looking for ways to improve business processes to implement tighter control@and improve the bottom line. But finding

implement financial  processes in order to implement tighter controls and improve the bottom line. But the question is not what's broken? After all, with the advent of enterprise systems, there's not much room for a broken business process to hide. The real question is what haven't you done already? Where in the organization have you not looked to for improvement? The fact is, insurance, banking, and financial services organizations that are hampered by inflexible and inefficient back-office operations struggle to Read More...
CRM Vendors Cash In On The Financial Services Industry
Last year’s deregulation of the financial services industry changed the competitive pressures on banks, brokerages, and insurance companies. Firms in this

implement financial  HomeCom will develop and implement Broadbase applications for financial services organizations. Broadbase's strengths are in customer analytics and personalization. They also recently agreed to acquire Servicesoft to develop applications for customer service (see: Broadbase Continues to Expand ). Market Impact Siebel's offering is likely to be very successful, in part because of its strong brand. Furthermore, Siebel undoubtedly has the resources to integrate the software from both companies into one Read More...
Serenic Navigator: 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

implement financial  Navigator: 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...
How Is Business Process Management Applicable to Financial Services?
Business process management (BPM) allows financial services companies to manage internal processes and to increase efficiency and accuracy. Organizations

implement financial  organizations have focused on implementing vertical solutions, such as enterprise resource planning (ERP) and customer relationship management (CRM). BPM, in contrast, spans the entire enterprise. Nonetheless, despite BPM's seemingly horizontal applicability across industries and enterprises, many organizations might benefit from industry-specific, or vertical, BPM solutions. This article focuses on such solutions within the financial services (FS) industry. Core BPM Components BPM is made up of a wide Read More...
Case Study: Barker Implement
Barker Implement, an Iowa, (US)-based farm equipment vendor, wanted to expand its business, improve productivity and customer service, and strengthen IT

implement financial  Study: Barker Implement Barker Implement, an Iowa, (US)-based farm equipment vendor, wanted to expand its business, improve productivity and customer service, and strengthen IT security without adding IT staff. To address those goals, Barker standardized new client computers on Windows Vista Business and deployed Windows Server 2008. Find out how Barker achieved efficiencies that are expected to yield long-term cost savings as the company grows. Read More...
Financial Planning: Mastering the Key Value Drivers
In business, planning plays a fundamental role in analyzing and forecasting key financial data. While forecasting future events is one benefit of planning, it

implement financial  objectives, companies should consider implementing a unified customer performance management (CPM) solution—one that takes compliance into consideration. 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

implement financial  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 competitors are looking for in those solutions, so you can develop a good understanding of what accounting and financial software vendors offer, what other companies have identified as important requirements, and what functionality might be a good fit for your Read More...
Evaluating Financial Management Software: Is It Time for a Change?
Before you decide if you need to update your financial management software, you should ask some questions about five key areas of your operations. For example

implement financial  Financial Management Software: Is It Time for a Change? Before you decide if you need to update your financial management software, you should ask some questions about five key areas of your operations. For example, does your current system generate the types of reports you need? And does it allow your processes to support your policies? Evaluate all the challenges you face with your current financial management software—and find out how you can overcome them with an upgrade. Read More...
Enterprise Performance Management: Financial Excellence and Beyond
Financial performance management@often categorized as one aspect of enterprise performance management@can help chief financial officers (CFOs) maximize their

implement financial  and services, but to implement innovative processes and business models as well. In addition, executives are required to enforce performance management throughout the organization while acting as agents for change. This means close collaboration with the CIO, key lines of business such as sales and manufacturing, and IT functions that support and ensure the integrity of the CFO-driven business processes that span the organization. One of the major enablers that the CFO and IT organization can take 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

implement financial  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 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...
Managing Financial Performance: Closing the Gap Between Strategy and Execution
In Managing Financial Performance: Closing the Gap Between Strategy and Execution, learn how a unified, closed-loop performance management system...

implement financial  Financial Performance: Closing the Gap Between Strategy and Execution Managing Financial Performance: Closing the Gap Between Strategy and Execution Virtually all businesses produce plans and budgets—and then measure company progress against objectives. But high-performing companies go a step further by employing an enterprise performance management (EPM) solution to measure, manage, and monitor performance. In Managing Financial Performance: Closing the Gap Between Strategy and Execution , learn Read More...
Operations Management in the UK Financial Services
The competitive nature of the financial services industry today and the changing landscape of the customer approach to investing puts an onus on suppliers to

implement financial  Management in the UK Financial Services The competitive nature of the financial services industry today and the changing landscape of the customer approach to investing puts an onus on suppliers to consider how well they are dealing with customers’ business transactions. In order to provide better customer service—while at the same time improving operations—these organizations must invest in a system that allows real-time visibility of the entire process. Read More...

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