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The State of the Art in Finance. Get Information and Other Solutions Related to The State of the Art in Finance. Thanks to recent accounting scandals and an increasingly competitive environment, many chief financial officers and the finance organizations they lead have started to take on new roles within the enterprise. However, given the current state of the finance function in US companies, companies first need to understand the challenges to finance—and the road map to increasing its strategic capabilities.
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This Institute of Management Accountants (IMA) paper explores the benefits of transitioning from an on-premise financials system to the cloud. The paper reviews research conducted among 800 IMA members regarding their perceived benefits and risks related to moving financials to the cloud, including drivers around total cost of ownership (TCO); anytime, anywhere access; easy upgrades; and business process improvement.
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SAP Manufacturing
Managing complexity while enhancing agility is a real challenge. To respond to customer needs, manufacturers must reduce their time to market and time to volume. And to respond to demand and supply shifts, they must be able to adapt to changing situations. To meet these challenges, companies require integrated solutions ensuring that manufacturing runs at the pace of their business.
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Being an effective CFO and financial manager today is all about increasing efficiency, partnering with the business to drive growth and value, and empowering your people to be more risk sensitive, productive, and informed when making decisions. Enterprise performance management (EPM) applications can help you achieve these goals and respond to changing corporate finance priorities. Download this white paper and find out how.
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SAP Case Study: Rohm and Haas
In 1999, specialty chemicals manufacturer Rohm and Haas Company wanted to move to a new platform to simplify the complexity resulting from over 300 disparate information technology (IT) systems. First, Rohm and Haas wanted to adopt common global processes to increase efficiency, and implement smart sourcing strategies. Second, management needed a better way to see customer trends and evaluate competitors.
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