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The Dawn of the GRC Era for XBRL


xbrl and grc  developing GRC components for XBRL has emerged. Over the next few years, as business performance improves and economic value ultimately rises, long-term efficiencies will be supported by a more coordinated set of information standards that inherently integrate risk and compliance processes. Advancing compliance and risk management capability across markets and industries is a deeply important and global role that is now a domain of XBRL. 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 » xbrl and grc


How to Lead Your Organization on the Best Path to Performance Improvement (Webcast Transcript)
Companies require an agile enterprise performance management (EPM) strategy to ensure they have information to support effective decisions. The more information

xbrl and grc  upcoming initiatives such as XBRL and the ability to have a dynamic way to publish reports, make legislative filings. And ultimately I think this will be, XBRL will be the support for just a more dynamic analysis of information in the marketplace. And then really looking at how you can bring information together better in a business context...a lot of the business intelligence solutions and EPM solutions out there, especially, for example, early ERP initiatives tended to draw information from that ERP Read More
A Veteran Enterprise Resource Planning Vendor Makes a SaaS-y Statement
Glovia International has launched the first full-fledged and versatile, manufacturing-oriented solution that is an on-demand, enterprise resource planning

xbrl and grc  extensible business reporting language (XBRL) tool; integration navigators; traffic integrator; and security integrator—all provided by Fujitsu. Owing to the above bevy of mostly native functionality, the product is also flexible and one of only a few to serve the needs of to order and high-volume manufacturers with one solution. Although the glovia.com suite covers nearly every functional area of the extended ERP scope and nearly all the processes within the entire product's life cycle (although it Read More
Bean Counter to Business Leader: 5 Strategies for the CFO
The role of the chief financial officer (CFO) is evolving, but due to pressures to meet financial reporting requirements, there’s still a strong pull toward

xbrl and grc  between now and 2011. XBRL isn't only about transparency and consistency in external reporting, however. Once a company has tagged their financials to support XBRL, finding data will be faster and easier, whether it is the SEC or the CEO that wants it. Still, XBRL encoding is an added requirement that can potentially be a huge burden on already stressed finance staff at period end. To stay ahead of the curve, it would be wise to find ways to automate the XBRL tagging. BPM software vendors, naturally, are Read More
Agresso Bucks the Slump (and Fights the “ERP Madness”) - Part 1
Sadly, it is not difficult for so many of us to concede that, except for maybe the historic elections in the US and the successful Olympic Games in Beijing

xbrl and grc  Bucks the Slump (and Fights the “ERP Madness”) - Part 1 Sadly, it is not difficult for so many of us to concede that, except for maybe the historic elections in the US and the successful Olympic Games in Beijing, 2008 was a terrible and somber year. It felt long-drawn-out, and many of us will have trouble sinking it easily into oblivion. Without even talking about our retirement funds and investments being slashed by about 40 percent (as part of a potentially more far-reaching financial crisis) Read More
In Search of Clarity: Unraveling the Complexities of Executive Decision Making
Decision making is at the core of all business activity, as executives set strategy and manage operations by weighing a vast array of factors to arrive at the

xbrl and grc  Search of Clarity: Unraveling the Complexities of Executive Decision Making In Search of Clarity: Unraveling the Complexities of Executive Decision Making If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. In response to these growing business challenges, SAP is delivering SAP GRC Risk Management to equip companies with the tools they require to help manage key risk exposures and vulnerabilities alongside the pursuit of new business Read More
Delving into the Facts Behind the ERP Vendor Market’s Self-Ascribed Answer for ‘Businesses Living IN Change’ ™ -An Interview with UNIT4’s Product Marketing Executive
Rather than pursuing the usual route of writing analyses of major market trends, I’ve decided to ask vendors about their opinions and approaches. UNIT4 has

xbrl and grc  into the Facts Behind the ERP Vendor Market’s Self-Ascribed Answer for ‘Businesses Living IN Change’ ™ -An Interview with UNIT4’s Product Marketing Executive The series of articles where Technology Evaluation Centers (TEC) asks vendors to provide their input on a number of market trends has received much attention and reaction from readers and vendors. Infor and IFS were the first to respond (see Two Stalwart Vendors Discuss Market Trends ), followed by Progress Software (see Open Read More
Finding the Right BPM Solution-and Making It Work for You
In a previous blog post, I discussed the importance of data management capabilities of a business intelligence (BI) solution. To recap briefly, the Pareto chart

xbrl and grc  formats they need: XML, XBRL, etc. 2.  Dashboarding and scorecarding . As this is a core functionality feature, organizations should consider BPM applications that will let them gain a view of their company by allowing them to define and manage metrics and KPIs, as well as the necessary tools to visualize them according to their needs. 3.  Advance analysis . Predicting and forecasting are becoming prominent capabilities for any organization. Those organizations that base their decision making on mining Read More
Macola ES
Exact Macola ES is an ERP solution designed for midsized businesses. Exact Macola ES has business process management (BPM) capabilities and exception

xbrl and grc  ES Exact Macola ES is an ERP solution designed for midsized businesses. Exact Macola ES has business process management (BPM) capabilities and exception management tools that provide visibility, control, and measurement for organizations. Macola ES includes applications that manage accounting, distribution, and manufacturing activities as well as workflow, document management, human resources management (HRM), customer relationship management (CRM), and project management (PM). These applications are Read More
AuraPortal: A BPM Vendor Worth Checking Out
AuraPortal, a new business process management (BPM) vendor, offers a solution that creates business process execution models without the need for heavy IT

xbrl and grc  A BPM Vendor Worth Checking Out Despite the ongoing consolidation in the business process management (BPM) space (i.e., the acquisitions of Lombardi Software by IBM , Metastorm by Open Text , Chordiant by Pegasystems , Savvion by Progress Software [see related blog post on the TEC Blog ], BEA Systems by Oracle , IDS Scheer by Software AG , and so on), the BPM arena is still crowded with a number of vibrant vendors (many of which are still startups) with innovative value propositions and 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

xbrl and grc  Financial Close: Optimizing Performance and Driving Financial Excellence The Financial Close: Optimizing Performance and Driving Financial Excellence If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Founded in 1972, SAP has a rich history of innovation and growth as a true industry leader. SAP currently has sales and development locations in more than 50 countries worldwide and is listed on several exchanges, including the Frankfurt Read More
Managing Performance, Risk, and Compliance for Better Business Results
Confronted by globalization and volatile markets, today’s companies face a challenging and often risky business climate. Explore how to ensure alignment between

xbrl and grc  Performance, Risk, and Compliance for Better Business Results The SAP BusinessObjects Risk Management application provides risk-adjusted management of enterprise performance that can empower you to optimize efficiency, increase effectiveness, and maximize visibility across risk initiatives. Source: SAP Resources Related to Managing Performance, Risk, and Compliance for Better Business Results : Risk Management (Wikipedia) Governance, Risk Management, and Compliance (GRC) (Wikipedia) Business Read More
Enterprises Reap Rewards of Modernizing Their ERP Systems
With increased mergers and acquisitions at the global level, organizations have started recognizing the benefits of upgrading to a modern enterprise resource

xbrl and grc  as XML for tagging, XBRL for business reporting, and different master data management techniques for data cleansing, aggregation, and syndication have seen growing adoption by companies of all sizes. Coupled with composite application techniques like mashups and location- based services, companies have created new ways to market products to and support customers. As organizations need to extend themselves to virtual office environments for their mobile workforce and coordinate multisite collaboration Read More
Accelerating the Financial Close: CFOs’ Insights into the Benefits of a High-quality Close
We interviewed CFOs at complex multinational companies to learn what they see as key to accelerating their consolidation and close processes, along with the

xbrl and grc  the Financial Close: CFOs’ Insights into the Benefits of a High-quality Close We interviewed CFOs at complex multinational companies to learn what they see as key to accelerating their consolidation and close processes, along with the challenges they face. They see their ability to conduct a high-quality close as a competitive advantage, rather than simply a regulatory obligation. A well managed close process is also important for building investor confidence in the company. Find out more. Read More

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