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Financial Reporting-Who Needs It?
Solid financial reporting applications are as different from run-of-the-mill reporting tools as financial accountancy is from bookkeeping. Organizations

studying accountancy  Reporting-Who Needs It? Solid financial reporting applications are as different from run-of-the-mill reporting tools as financial accountancy is from bookkeeping. Organizations routinely use common reporting tools to help with the technical processing of data (e.g., profit and loss reports, balance sheets, etc.) for the purpose of management accounting . And management can usually obtain whatever information they need for their internal decision making. But financial reporting tools can go beyond Read More
Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » studying accountancy


The Trap of Accountancy Systems; When to Move on to ERP
The differences between ERP and accountancy solutions are huge. Accountancy solutions help with financial management and statutory reporting, but do little to

studying accountancy  Trap of Accountancy Systems; When to Move on to ERP Introduction For some entrepreneurial companies in the tornado of fast growth, staying with an accountancy system while the business expands is a quick fix that can cause long-term damage. Those companies may find that a system furnished by a vendor of accountancy systems retards growth—particularly in the case of manufacturing companies. Rather, manufacturing companies should implement an enterprise resource planning (ERP) system as soon as their Read More
CRM: Creating a Credible Business Case and Positioning It with the CEO Part Two: Linking CRM with Organizational Direction
An effective business case must link CRM with achieving organizational objectives; but this step is just the beginning. Credibility implies that the document

studying accountancy  CRM provides tools for studying customer behavior and managing processes that add value, then there needs to be a definition of how the organization wishes to operate in this new environment and how it will recognize success when achieved. The reality is that most successes involving CRM have been at the functional level. Few enterprise installs have been successful. When this has occurred, it is always because it was driven by a senior level executive, who had a clear vision of the desired end Read More
A Clear-cut Approach to Collections Is Essential for Profitability
In 2002, US suppliers wrote off more than $18 billion (USD) in bad checks. And the bankruptcy picture has certainly not improved since then. Companies that act

studying accountancy  Clear-cut Approach to Collections Is Essential for Profitability A Clear-cut Approach to Collections Is Essential for Profitability If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Maximizing your profitability is only possible with an accurate picture of your costs. With operational costs consuming a high percentage of your revenues, we understand that maximizing yield and keeping strict control of costs and reducing waste in all areas Read More
Unified Planning and Consolidation
Executive teams are under great pressure to maximize profitability, reduce costs, minimize risk, and improve stakeholder confidence. To be effective, they need

studying accountancy  Planning and Consolidation The SAP BusinessObjects Planning and Consolidation application unifies and streamlines the planning, budgeting, and forecasting process and can enable a faster close. Finance-owned and maintained, the application unifies planning, financial consolidation and management reporting for the enterprise - improving budget cycle times, driving compliance with regulatory and financial standards, helping reduce external audit costs, instilling confidence, and reducing business Read More
Informal Learning - What’s With the Hype?
Informal learning constitutes a hot topic these days. Informal learning can be seen as a process of knowledge acquisition that does not follow any one

studying accountancy  real life contexts, and studying materials that fall outside mandatory learning commitments. Experimental informal learning structures include: social learning, activity threads, or online informal learning communities. Informal learning is getting a lot of attention as of late, and has spring up as a topic on forums about everything from developing creative thinking to higher education and enterprise training. Why the hype? Informal learning is not a recent phenomenon. However, recent mobile, social, Read More
Assessing FinancialForce.com’s Early Years
FinancialForce.com, the offspring of an established best-of-breed provider of accounting and project-based applications and a cloud computing pioneer, aims to

studying accountancy  FinancialForce.com’s Early Years When an established best-of-breed provider of accounting and project-based applications and a cloud computing pioneer join forces, their offspring stands to develop faster than a typical fledgling start-up, and such is the case with FinancialForce.com . Formed in September 2009 as a joint venture between UNIT4 Business Software and salesforce.com (and initially called CODA 2go ), the young software company focuses solely on building cloud business applications Read More
Concerted Disruption, Climb Aboard
Labeled a disruptive technology, it's changing the landscape of enterprise software development, distribution, and consumption. Open source software is grounded

studying accountancy  may learn techniques by studying another's code. If our lone programmer's code gets the attention of someone with a similar problem to solve, she benefits because the new person can collaborate with her to close the gap on a problem. Likewise, if the software project isn't entirely satisfying someone's needs, that person can adapt it for his own sake. By nature, the guts of an open source project are exposed to the public. When a programmer licenses her code under a FOSS license, she is at least Read More
The Underbelly of Software Project Management Tools
Project management tools for software development should include a broad range of functionality. Project teams must be able to estimate the scope and duration

studying accountancy  Then came MS-Project by studying and improving all the existing products and then bringing out a killer app, in the true tradition of Microsoft. MS-Project is more or less the de-facto standard for project management tools in the software industry so much so that PMI (Project Management Institute) made it a subject of study for getting certified as PMP (Project Management Professional). I am amazed at this decision - are we saying that those who are proficient in Primavera cannot be certified as PMPs? Read More
Solve the Succession Crisis by Growing “Inside-outside” Leaders
Strong evidence supports the notion that a well-groomed insider is a key to sustained company performance. In an analysis of 1,800 successions, company

studying accountancy  strong CEOs are worth studying. They wield enormous power. And as stewards of the corporate purpose, their ability to make sense of the business environment and to craft and articulate the mission and the strategy are central to long-term success. Nothing illustrates the point better than the last 35 years of succession at General Electric. Reginald Jones took the helm at GE in 1972. He developed the strategic-planning system he inherited from his predecessors into the model for companies everywhere. He Read More
The Art of Learning
There was a time when school was the place for learning. Thirty-five years ago—when I was a young girl—children went to schools where the curriculum included

studying accountancy  an ancient method of studying/learning compared to today’s high-tech offerings, however can be quite useful for certain types of academic research. •    Online book resources: Amazon , Chapters Indigo , etc. offer hundreds of thousands of titles/authors in every genre that can be shipped directly to your home or office •    Audiobooks: Don’t feel like reading? Have someone else do it for you. Audiobooks can be downloaded (often for free) and played through a number of devices including (but Read More
Vendors Harness Excel (and Office) to Win the Lower-end of Business Intelligence Market
Small and medium businesses wanting the benefits of business intelligence (BI) without having to implement a large enterprise system may find a viable option in

studying accountancy  Harness Excel (and Office) to Win the Lower-end of Business Intelligence Market Excel Both Opportunity and Threat The need for business intelligence (BI) is of real and increasing strategic importance for all enterprise applications users because of economic and regulatory pressures. Unfortunately, users rarely feel that they get all (or most) the information they need from their enterprise software systems. Business intelligence is also known as analytics , though there are some distinctions Read More
Advanced Front Office Lean with Business Modeler Software
When part of an enterprise software environment, business modeler software can reduce training costs, prevent errors, and minimize non-value added work. And if

studying accountancy  Only by recording and studying history can you avoid reliving it. Another powerful aspect of business modeler software is that, if it is properly integrated with the enterprise IT environment, it is not just a training tool or a tool for senior managers; rather, it's a tool for daily use by hands-on system users. People using an enterprise software tool are using a system and therefore need a systematic approach for doing things on that computer system. The model would likely be most useful in the longer Read More
Winning the Race for Talent in Emerging Markets
Economic activity in emerging markets is growing at around 40 percent@as compared with 2 to 5 percent in the West and Japan. Businesses all over the globe are

studying accountancy  us have spent decades studying talent management and leadership development, but this war for talent is like nothing we've ever seen before. We recently completed an eight-month research project that involved interviewing dozens of executives and collecting data from more than 20 global companies. Our goal was to identify the factors that differentiate the successful from the less so in emerging markets, and our first analysis revealed four: brand, opportunity, purpose, and culture. These may sound Read More
Cash Management 101
Cash management is an essential business process all organizations must perform to survive. Though cash management uses automation for much of the “grunt” work,

studying accountancy  Management 101 Cash management is a need common to both large and small businesses alike. In its simplest terms, cash management is the assurance that today's receivables plus today's account balances exceed today's payables. Failure to practice this business management process guarantees bankruptcy. Every large organization has a cash management group, sometimes called the treasury . This group's function includes management of such items as investments and borrowing in addition to the organization's Read More

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