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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

financial accounting manual  requirement to complete the financial close quickly and with quality is emerging once again as a process improvement project that needs the full attention of corporate accounting staff worldwide. A collection of disturbing research from both sides of the Atlantic confirms that close times at the some of the world's largest companies, far from getting shorter, are, in many cases, getting longer. The drive for fast close, partly sparked by the e-business revolution and the promise of the 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 » financial accounting manual


Finance and Accounting Solutions Buyer’s Guide for Small to Medium Enterprises
For large organizations, enterprise resource planning (ERP) systems promise big gains by helping grow revenue and increase productivity. But can ERP benefit

financial accounting manual  500 adds to the financial accounting software BI, order processing, distribution and manufacturing capabilities. SAP Like Oracle, SAP is breaking into the lucrative midmarket with more than one midsize-appropriate offering. SAP currently has more than 24,000 midmarket customers. Its current midmarket offering is Business All-in- One, which includes micro-vertical and industry-specific business processes. All-in-One is based on SAP ERP, one of the enterprise-scale products that plays in the global market. Read More...
Not Small Change: World-class Financial Automation Delivers Dramatic Benefits
Automating finance processes@such as closing the books, reporting, and other labor-intensive processes@reduces finance costs. By streamlining financial

financial accounting manual  up and down the financial value chain (FVC) , beyond core accounting and reporting, to encompass broader financial management processes such payables processing and cash management. From closing the books to straight-through payment processing, technology solutions are helping companies harmonize financial data across systems and organizational units, achieve greater process consistency, minimize manual processing and enable their finance professionals to apply their expertise to higher value-added work. Read More...
Best-of-breed Approach to Finance and Accounting
CODA's savvy accounting and financial offerings include budgeting, forecasting, scorecards, and tools that use Microsoft Excel spreadsheets collaboratively and

financial accounting manual  3,000 people using its financial accounting software, but a typical sweet-spot customer has about 300 financial users, spread across 10 or more countries. CODA's zero-install browser client and single instance architecture (where support for all multinational and multilingual functionality is within a single version of the application) make it a good fit for centralized shared services or business process outsourcing (BPO) requirements, helping user organizations further reduce the cost of the finance Read More...
Six Reasons You Should Think About Getting a New Accounting System
Accountants and business people overall are generally aware that whatever happens in the company must be reflected in the corresponding accounting books or

financial accounting manual  to convince the chief financial officer (CFO) or accounting department that your current system does not satisfy all company requirements. Of course, the list of reasons below is not necessarily comprehensive or absolute—any given company will have its own motives for initiating a new system selection process,  and I would appreciate your feedback to add real examples of your experiences to this list. Six Reasons for Change 1. Your software vendor has discontinued development and support of the Read More...
10 Strategies for Getting the Right ERP and Accounting Solution
That's where the white paper 10 strategies for getting the right ERP and accounting solution comes in.

financial accounting manual  Strategies for Getting the Right ERP and Accounting Solution If you're a midsized business looking for an enterprise resource planning (ERP) solution, the market trends are all on your side: ERP vendors are hungry for your business. Big vendors (SAP, Oracle, etc.) now have great products for small and medium businesses (SMBs). Traditional mid-market vendors are fighting back with more features and incentives. With all the big trends aligned in your favor, you can come out the winner—but only if you Read More...
Top Accounting Software Comparisons 2012
There were a lot of accounting solutions introduced or updated in 2011, and here's your chance to compare them—quickly and easily.

financial accounting manual  Accounting Software Comparisons 2012 Top Accounting Software Comparisons 2012 Accounting Software Comparisons There were a lot of accounting solutions introduced or updated in 2011, and here's your chance to compare them—quickly and easily. Some of the big names include Microsoft , NetSuite, SAP, Aquilon Software, Sage, Pronto Software, Epicor, Exact, UNIT4, and Flexi Software—but there are dozens of excellent systems from lesser known brands. Which one is best for your organization? To find out, Read More...
Financial and Management Accounting with SAP for Banking
Recent changes in accounting standards and compliance, along with greater emphasis on managing risk and value, have introduced new key measures of bank

financial accounting manual  and Management Accounting with SAP for Banking Recent changes in accounting standards and compliance, along with greater emphasis on managing risk and value, have introduced new key measures of bank performance and made it more important to coordinate the internal and external reporting of financials and risk. To meet these challenges, banks must do their utmost to more fully integrate their accounting data and processes. Read More...
Accounting and Financial Packages Accreditation Report: GMS Accounting Management Software
Organizations seeking the services of a value-added reseller (VAR), channel partner, implementer, vendor, or consultant require an evaluation of what this

financial accounting manual  and Financial Packages Accreditation Report: GMS Accounting Management Software Organizations seeking the services of a value-added reseller (VAR), channel partner, implementer, vendor, or consultant require an evaluation of what this service provider has to offer. This report will assist organizations looking to determine the best-fit service provider for their implementation needs. Based on information provided to TEC by GMS Accounting Management Software (GMS) and its clients, this report Read More...
Checklist: Choosing the Right Financial Services Vendor
Today’s economic environment requires you to evaluate whether your current financial institution is in it for the long haul and can offer the full breadth of

financial accounting manual  Choosing the Right Financial Services Vendor Today’s economic environment requires you to evaluate whether your current financial institution is in it for the long haul and can offer the full breadth of services that you may need. Many of these vital services can be delivered from one source—your bank. Your primary concern in selecting a financial services institution should be the security of your assets and data. Find out what to look for, and what to avoid. Read More...
Cost Accounting Primer
Whether you’re familiar with the world of accounting or not, understanding the basic concepts and principles of accounting functions can give you an essential

financial accounting manual  full production, through to financial reports. Read More...
Intuit and Square Integrate POS and Accounting for SMBs
Intuit and Square recently announced a seamless integration between Square Register and QuickBooks accounting. Built on Intuit’s open platform, the integration

financial accounting manual  and Square Integrate POS and Accounting for SMBs Intuit and Square recently announced a  seamless integration between Square Register and QuickBooks accounting . Built on Intuit’s open platform, the integration with Square's point-of-sale (POS) solution aims to enable small businesses to more efficiently import their transactions from Square into QuickBooks, helping them streamline their operations, save time, and ensure more accurate reporting. The Square integration is the first of many new 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

financial accounting manual  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 TEC poll. The Financial Packages Buyer’s Guide is due out in Read More...
Transforming Your Organization? Start with Accounting
Before the lean enterprise paradigm swept across the manufacturing industry, I doubt many business people would have considered accounting as a serious tool for

financial accounting manual  as a liability in financial reports. • Labor expenses. Traditional accounting models treat employees as a variable expense that should be minimized in the same way as other costs, such as purchased materials or delivery charges. This attitude has had widespread and dramatic economic and political repercussions, with the United States and other developed countries outsourcing much manufacturing activity to lower-wage regions. Within the paradigm of conventional accounting, outsourcing makes perfect Read More...

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