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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

testing financial  associated with automating and testing internal controls. THE ESSENTIAL INGREDIENTS OF FINANCIAL EXCELLENCE RESOURCES, PEOPLE, AND TECHNOLOGY Financial excellence is achieved when resources, people, and technology are combined to optimize and streamline processes, decrease operating costs, manage business performance, and avoid certain risks. A streamlined, efficient, and high-quality financial close is a key ingredient of financial excellence, although it should not be a new concept to corporate 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 » testing financial


Program Testing Methodology Part One: Preparing for Testing
Program testing and debugging is one of the most critical aspects of implementing a computer system. Without programs which properly work, the system will never

testing financial  Testing Methodology Part One: Preparing for Testing Introduction Before any system can be completely implemented on a production computer, the analysts and programmers working on the system must be able to state unequivocally that the programs work exactly as they were designed to work and that any errors or mistakes found in any of the data to be processed by the system will be handled properly. Since testing is quite unpredictable in terms of the results and, in some cases, the availability of Read More...
Testing Dark Pool Trading Systems
Dark Pool Trading Systems, used by institutional traders trading in large volumes, help get more liquidity and lower transaction cost. Despite these benefits

testing financial  Risk Solution = Rigorous Testing IAs described above, the systems are complex by nature and also involve significant financial transactions, so the impact of any issues arising out of system downtime is massive. It is therefore imperative that these systems are well tested before their implementation into the production environment. The testing must ensure that all trading strategies, latency issues, regulatory compliances, technological changes and the communication flow between internal and external Read More...
Case Study: Community College Embarks on Financial Reporting System Implementation
The Nova Scotia Community College (NSCC) implemented Business Objects to create a financial reporting system that would run in real time, as opposed to taking

testing financial  not be overlooked. The testing environment can also ease the transition to newer versions of BI and reporting tools. Testing can help organizations identify what the transition issues are, and fix them before they affect users. Organization-wide buy-in can therefore be expected, providing end users are not needlessly affected when software upgrades are implemented.. Maintaining in-house expertise also helps ensure end user buy-in, as end users don't need to seek outside support when issues occur. 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

testing financial  solution must enable scenario testing to assess alternative strategies. Business Ownership Finally, the solution must be under the ownership of the business, which has responsibility for defining the business models. At a technical level, it must be flexible enough to access data in every source system and must be available to every authorized user. It must allow free-form data entry, have support for queries, what-if analysis, and instant publishing of updated models. It must be noted that technology Read More...
Standards for Financial Plans
Large companies can afford to develop their own budget and forecast systems, but for small businesses, there’s only one choice—the spreadsheet. But spreadsheet

testing financial  for Financial Plans Large companies can afford to develop their own budget and forecast systems, but for small businesses, there’s only one choice—the spreadsheet. But spreadsheet financial plans are all over the map—no rules, no procedures, no consistent formatting, and minimal GAAP accounting. This white paper proposes standards that can help entrepreneurs and small business owners create, format,and manage financial plans. Read More...
POLL: Is Cloud-based Accounting/Financial Software Right for You?
TEC is preparing a new Financial Packages Buyer’s Guide, and we’d like to hear your thoughts on cloud-based finance and accounting software. Your responses to

testing financial  Is Cloud-based Accounting/Financial Software Right for You? TEC is preparing a new Financial Packages Buyer’s Guide, and we’d like to hear your thoughts on cloud-based finance and accounting software. Your responses to the questions below will help us keep the guide focused on the needs of real-world accountants, financial managers, IT specialists, and other professionals. {democracy:70} {democracy:71} {democracy:72} {democracy:73} {democracy:74} Thanks for taking the time to participate in this 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 ...

testing financial  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...
Davidson Companies
Davidson Companies is a leading regional financial services holding company in northwestern United States composed of five subsidiaries and 1,200 employees. The

testing financial  Companies Davidson Companies is a leading regional financial services holding company in northwestern United States composed of five subsidiaries and 1,200 employees. The company’s back-office infrastructure could no longer support the timely and efficient administrative and financial reporting across all business units. Find out how TEC’s approach to software selection helped Davidson choose a fully integrated system in just 6 months. 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...

testing 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 , 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

testing 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...
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

testing financial  Is Business Process Management Applicable to Financial Services? Introduction Business Process Management (BPM) is increasingly being used by organizations to improve internal processes in order to make them more efficient. But which processes are appropriate for BPM? Which industry, if any, has successfully deployed BPM? BPM in Vertical Markets BPM is already used in a variety of markets, from financial services and government to healthcare and manufacturing. In fact, vendors have different forms and Read More...
Web Testing Has Changed the Testing Landscape
Software testing vendors are forming alliances and partnerships with the vendors who actually service and support the delivery of Internet content. Thus do the

testing financial  Testing Has Changed the Testing Landscape Web Testing Has Changed the Testing Landscape C. Lisle - December 8, 2000 Event Summary Within days of each other, and coinciding with the Internet 2000 conference, Mercury Interactive Corp . (NASDAQ: MERQ) and Segue Software (NASDAQ: SEGU) announced agreements with web infrastructure companies to provide performance measurement and testing tools for websites. Mercury Interactive announced an expanded strategic alliance with Akamai Technologies Inc. (NASDAQ: Read More...
Financial Times
Founded in 1888, Financial Times is an international daily newspaper. The publication focuses on international economic and business news.

testing financial  Times Founded in 1888, Financial Times is an international daily newspaper. The publication focuses on international economic and business news. 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

testing 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 can also be used to achieve a series of objectives, including regulatory compliance. In order to achieve these objectives, companies should consider implementing a unified customer performance management (CPM) solution—one that takes compliance into consideration. Read More...

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