In this guide, written by and designed for CFOs and finance executives, you'll learn about specific actions that leading companies are taking to improve their performance by:
• Gaining control over deferred revenue and revenue recognition.
• Streamlining order management and the quote-to-cash process.
• Maximizing recurring revenue and automating billing and renewals.
• Improving cash and collections while decreasing churn.
• Speeding consolidation, reporting, and analysis across multiple business entities and currencies.
• Streamlining processes across your organization and reduce IT costs.
Please download the whitepaper to learn more.
The leadership of a new, marquee pharma
manufacturer approached KPMG with a paradox: It was
certainly marquee, but not new. As the highly publicized
spin-off of a global health services conglomerate, the
company began life with $18 billion in annual revenues,
an established product pipeline and instant
membership in the S&P 100. Reliant on the back-office
functions of its parent, it needed to quickly acquire the
back-office sinews of a truly stand-alone company: ERP
systems and core processes for finance, operations
and human resources.
During an intensive three-year engagement, KPMG
brought the vision of the company’s leaders to life,
working towards a target operating model through the
disciplined implementation of new systems, processes,
training and staffing. The multidisciplinary approach
eventually touched the lives of every one of the
company’s 21,000 employees, in 170 countries.
And as KPMG’s delivered tangible results, something
intangible emerged – a new company culture,
Stakeholders increasingly expect more from the finance function than transactional processing and historical reporting. Will you meet the challenge or are you at risk of getting left behind?
Read this report to understand:
• what CEOs are looking for from their finance functions
• six priority areas CFOs should focus on to meet new demands from the business
• how leading companies are transforming their finance functions
• five steps for turning disruption into opportunity.
A Guide to solutions that make AP simpler, safer, and more efficient.
Everyday AP is an arduous process. It involves receiving and manually keying data from paper invoices, chasing approvals through e-mail and phone calls, printing paper checks to pay vendors, manually collating checks with printed invoices and purchase orders, tracking down CFOs for signatures, stuffing envelopes, applying postage, and finally, delivering the resulting stack of payments to the local post office.
The team at Generation Tux is all about improving internal experiences to increase efficiency and improve operations. As a one-man finance team, they needed all the help he could get to automate and streamline financial processes. When he joined Generation Tux as the Controller, he found a disastrous Accounts Payable (AP) process in place. Found out how he turned it around.
Published By: MuleSoft
Published Date: Sep 27, 2017
As one of the most popular integrated enterprise resource planning (ERP) solutions on the market, SAP has enabled organizations to optimize many of their most essential business functions in finance, human capital management, enterprise performance management, and supplier relationship management. One of the most pervasive challenges for SAP shops is integrating SAP to other applications within their organization. Without proper integration between SAP and these systems, organizations fail to fully automate and optimize their business processes. This whitepaper provides an overview of some of the most common challenges faced when integrating SAP, a brief overview of SAP interfaces and integration points, various approaches for SAP integration and a suggested best architecture for solving the SAP integration challenge.
Finance is often first to adopt software solutions to automate business transactions and processes. Oracle Financials Cloud is a complete and integrated financial management solution. Businesses deploy Oracle Financials Cloud to help resolve pain points around control, compliance, and more.
In This Paper
• Finance is often first to adopt software solutions to automate business transactions and processes
• Oracle Financials Cloud is a complete and integrated financial management solution
• Businesses deploy Oracle Financials Cloud to help resolve pain points around control, compliance, and more
Os líderes empresarias querem que os gestores financeiros assumam o papel de direcionadores proativos do negócio. Mas a sua equipe está preparada para isso? Veja como as soluções de Finanças da Oracle podem habilitar a Jornada da Modernização Financeira com inovações relevantes que impactam diretamente os atuais processos de controle e análise, oferecendo alto desempenho, agilidade e evolução digital com riqueza de funcionalidades cada vez mais próximas das necessidades dos usuários de negócios.
At many organisations, planning and budgeting take too long and devour resources. Finance teams spend too much time on administrative tasks relating to these processes—collecting, consolidating and reconciling data, for example—and are left with little time for analysis, strategy development and target setting. Accuracycan be patchy, results unreliable.
Published By: OracleSMB
Published Date: Jan 04, 2018
You may think that your finance group is performing well, but it is critical to always look for ways to improve. Continuous improvement equates to competitive advantage, no matter the department.
Seek out ways to improve the handling of payables and receivables, streamline the procurement process, expedite the financial close process, and effectively analyze all your data.
If you are not sure where to start, read this ebook to learn the four questions you should ask to improve your finance and reporting capabilities and ensure continued growth.
Published By: OracleSMB
Published Date: Jan 04, 2018
Finance has grown beyond recording and reporting. Leaders in fast-growing companies need not only the raw financial data, but the sophisticated analysis to make sense of it all.
In today’s digital world, Finance must move out of the back-office and help drive the direction of the business, as well as improve the bottom line through more efficient processes and increased responsiveness. With the right tools, your finance team can simplify processes and fulfill its goal of adding value.
Published By: Prophix
Published Date: Apr 24, 2013
Learn how leading companies employ Corporate Performance Management (CPM) software to automate financial processes (budgeting, forecasting, reporting, and planning) that spreadsheets complete on a manual basis and reap the rewards of advanced data analysis.
Published By: Prophix
Published Date: May 31, 2016
CFOs today are finding themselves in a leadership position at the strategy table. Whether your company’s objectives are to deliver growth in 2016 or stay the course, it is crucial that the office of finance contribute to the strategic decision-making process and become one of the company’s trusted business partners.
With rich data from all parts of the organization, the finance leadership team can offer unprecedented value to the decision-making process and help make the right business decisions executable. Listen to how Finance Professionals are helping guide their organizations toward making well-reasoned, data-driven strategic decisions.
Your business is changing. As a finance leader, you know that accounting is a labour-intensive, costly process where
systems often don’t allow for expedient exception handling and many days are fraught with difficulty in matching
invoices to other databases for reconciliation. Like most companies, you know where you want to go but may not have
infrastructure or internal expertise to handle electronic fund transfers, credit card payments or cheque processing— all
the pieces required to make your vision for an efficient, integrated operation a reality.
Middle market companies are becoming more comfortable with outsourcing solutions, driving increased utilization of finance and accounting outsourcing (FAO). The evolution of FAO enables companies to focus on their core business, while leveraging external resources to increase finance and accounting productivity.
What makes RSM’s FAO platform different is specific industry knowledge, and unique business processes, workflows and structures that have been developed through years of successful engagements. We implement proven strategies from a people, process and technology perspective that are customized for each client and can’t be found in an out-of-the-box technology solution.
Finance and accounting outsourcing is a growing trend among middle market and high-growth companies, providing a cost-effective way for organizations to improve the finance and accounting function. The key benefits of outsourcing include fractional use of finance and accounting professionals, enhanced processes and technologies, and stronger compliance measures. Outsourcing enables organizations to scale resources up and down as needed with no obligation to pay salaries or benefit costs. Additionally, it alleviates the burden of hiring, training and maintaining accounting staff.
There is an increasing demand for finance and accounting outsourcing (FAO) among middle market companies, as organizations become more comfortable with the solution. FAO helps companies enhance the efficiency and effectiveness of the finance and accounting function through process and technology improvements, enabling internal employees to focus on the core business.
RSM US LLP’s FAO platform goes beyond out-of-the-box functionality within technology solutions, integrating additional intellectual property, including workflows, business processes and organizational frameworks. By leveraging this comprehensive platform, our FAO team can help middle market companies overcome a myriad of finance and accounting challenges. These include hiring, training and developing staff, and most importantly producing actionable finance and accounting information in a timely manner to make critical business decisions.
The term outsourcing can have a negative connotation,
conjuring images of layoffs and relocating jobs to third parties
in remote locations. However, outsourcing can take many
forms, and finance and accounting outsourcing (FAO) does
not always mean the displacing of the finance back office.
Specifically, FAO leverages digital technology to complement
and support the back office, streamlining processes while
providing enhanced transaction processing, reporting and
analytics capabilities. It also allows key resources to focus on
strategy, analysis and decision-making.
Published By: Sage EMEA
Published Date: Nov 05, 2018
This report was produced specifically for the UK and Ireland (UK/I) region and is based on data gathered from real-world business leaders explaining how they perform tasks on a daily basis. In the report, we will look at how business managers can step up from the operational tasks and focus on work that will propel their business forward.
• Touch on the priorities of what we could be termed 'accelerated business leader's': those decision makers leading their industries forward in a way that harnesses emerging technologies and agile new ways of working.
• Examine key factors that hold businesses back and limit business growth.
• Explore the technologies that can drive operational agility and scale.
Many CFOs and the finance organizations they lead have started to take on new strategic roles within the enterprise. Their goal is to enforce stricter control processes to ensure legal and regulatory compliance, offer strategic insights into the internal and external business environment, and connect the business strategy with daily operations through performance tracking.
Is your company seeking to incorporate finance as a core line of business? This SAP Executive Insight examines the changing role of the finance organization in today's business environment - and describes how companies can develop best-run finance organizations.
Este relatório sobre a pesquisa global com executivos financeiros examina como as finanças devem transformar processos e sistemas discretos em cadeias de valor em rede e plataforma de tecnologia comum e ainda automatizar intervenções manuais. Com o Ariba Network, a SAP proporciona visibilidade completa e em tempo real dos dados-chave e conecta finanças a suprimento, tesouraria e muito mais.