Tag: Process Improvement
Reporting and Analytics
Converting Data Into Insights: The Right Technology Alone is No Guarantee of Success
The fact that technology is playing an increasingly significant role in executing many traditional finance tasks while at the same time generating greater insights that drive business performance is irrefutable. However, even though many organizations are significantly investing in advanced data and analytics technologies, majority of these investments are reportedly yielding disappointing returns. This is read more
Performance Improvement
Reimagining Business Processes in an Era of Cognitive Technologies
For years, the focus of many organizations has been on standardizing and automating existing business processes to achieve significant gains in efficiencies. Within the office of finance, mundane transactional processes such as order-to-cash, procure-to-pay and record-to-report have been the epitome of standardization and automation. As a result, a number of finance and accounting professionals have read more
Performance Improvement
Challenge of Finance Best Practices and What CFOs Should Do About It
The modern CFO is touted as the right hand man of the CEO, providing strategic and operational decision support. No longer is the CFO only responsible for preparing and interpreting financial statements based on historical accounting data, but also for taking a holistic view of business performance and helping the organization move forward. Thanks to read more
Automation: The Key to Reducing Your Financial Close & Reporting Period
Ask any finance person what is it that they like less about their
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Getting Started On The Lean Journey
Lean management has been with us for so many years and organizations that
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