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Software Functionality Revealed in Detail
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 financial and accountings instruments


Smooth Transition: Preparing for IFRS
International Financial Reporting Standards (IFRS) are the reporting standards developed by the International Accounting Standards Board (IASB). IFRS is now

financial and accountings instruments  organization to configure the financial and reporting applications that are subject to conversion requirements. IT reviews and tests all changes to data, application setups, internal controls, and related workflow and reporting process templates. IT can also update an outdated chart of accounts design and consolidate disparate global ledgers into an IFRS-friendly format. At the appropriate point in the final phases of the project, a cutover will be required from the local GL to an IFRS GL. Prior to

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

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 and accountings instruments

Align Financial Processes and Systems for Better Business Value and Compliance


Financial business process professionals need to coordinate financial process life cycle activities in order to enhance the value of information within the business, and drive better execution of compliance measures. But too often, automation and integration gaps discourage their efforts. Download this report to learn how to integrate and automate these activities, and improve your ability to make strategic and tactical decisions.

financial and accountings instruments  Financial Processes and Systems for Better Business Value and Compliance Financial business process professionals need to coordinate financial process life cycle activities in order to enhance the value of information within the business, and drive better execution of compliance measures. But too often, automation and integration gaps discourage their efforts. Download this report to learn how to integrate and automate these activities, and improve your ability to make strategic and tactical Read More

Getting Strategic Planning and Financial Planning in the Same Bailiwick


To provide useful financial insight on projects, financial managers need to think about business strategy more like a series of options than a single projected cash flow. While the concepts of options are certainly familiar to most executives, the trick to valuing strategic choices lies in the complex and often overwhelming task of understanding the interaction between strategic options. This article provides a breakthrough planning approach for (1) rapidly realizing the business capabilities dictated by strategy (2) aligning process, technology and organization design and (3) through the financial lens of 'real options' shows how to quan

financial and accountings instruments  an article entitled Do Financial and Nonfinancial Measures Have to Agree?' (Management Accounting, November, 1990) . [Certificate of Merit Winner] 2 For example, see Results-Based Leadership: How leaders build the business and improve the bottom line, Dave Ulrich, Jack Zenger, Norm Smallwood (Harvard Business School Press, May 1999) 3 Timothy A Luehrman, Strategy as a Portfolio of Real Options (Harvard Business Review, Sept-Oct, 1998) 4 See Timothy A Luehrman, Investment Opportunities as Real Read More

Financial Reporting-Who Needs It?


Solid financial reporting applications are as different from run-of-the-mill reporting tools as financial accountancy is from bookkeeping. Organizations routinely use common reporting tools for management accounting. But financial reporting applications can elaborate financial statements for external users, helping organizations to share information as necessary and comply with disclosure requirements. TEC analyst Jorge García discusses the benefits of financial reporting tools.

financial and accountings instruments  and others. A robust financial modeling and design tool—enables the creation of reports and financial data visualization tools with the least possible effort. Integration with front office applications, especially with Excel—gives users a familiar footing. Financial information users often rely heavily on applications such as Excel, which they already know how to use. So, why not let them have the information they want in an environment they’re comfortable with and know how to handle? Report and Read More

Managing Risk through Financial Processes: Embedding Governance, Risk, and Compliance


Initiatives to automate and streamline financial processes often focus more on reducing costs than adding value. Adding the kind of value you should have in your financial processes stands at the heart of a broader initiative known as governance, risk, and compliance (GRC). Learn why embedding the components of GRC within your financial processes can help you track financial flows and alert you when things might go awry.

financial and accountings instruments  borrowers, lenders are scrutinising financial controls and visibility into business processes. And starting in the third quarter of 2008, a rating agency, Standard & Poor?s, began to roll out a programme requiring companies to provide evidence of a ?formal and effective risk management program? in order to receive a positive rating on their debt. Globalisation and higher levels of mergers and acquisitions (M&A) activity have prompted many companies to become more complex and fragmented across functions, 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 weeks to generate reports. However, the NSCC environment presented its own unique set of challenges.

financial and accountings instruments  Developing buy-in within the financial department and among management was straightforward, due to extensive training as well as the new availability to the appropriate data within a timely manner. However, once Crystal Reports use was extended beyond the financial department, attaining buy-in became more difficult. Without individual expertise and training, the administration department's reliance on the financial department to make changes and to take responsibility for reporting processes translates 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 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.

financial and accountings instruments  process management (CPM) enables financial services organizations to adapt to changing market demands and maximize their competitive edge. Read More

Financial Packages


Financial packages encompass modules for bookkeeping and making sure that accounts are paid or received on time.

financial and accountings instruments  Packages Financial packages encompass modules for bookkeeping and making sure that accounts are paid or received on time. Read More

UNIT4 Financials: Financial Packages Competitor Analysis Report


This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and receivable, reporting, and other bookkeeping requirements. This knowledge base in particular, offers a view on enterprise financial packages, which can complement an existing ERP system.

financial and accountings instruments  Competitor Analysis Report This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and receivable, reporting, and other bookkeeping requirements. This knowledge base in particular, offers a view on enterprise financial packages, which can complement an existing ERP system. Read More

Financial Packages RFI/RFP Template


General Ledger, Accounts Payable, Fixed Assets, Cost Accounting, Cash Management, Budgeting, Accounts Receivable, Financial Reporting, Project Accounting, Product Technology

financial and accountings instruments  support them. Collect Clear Financial Packages RFI and RFP Responses Improve vendor participation by issuing RFIs that vendors can understand, and respond to easily. Use RFI responses to create lists of requirements for your RFPs or requests for quotation (RFQs). Make sure that vendors understand and can support all your requirements. Eliminate Financial Packages Implementation Surprises Get a clear picture of any required customizations. Help Financial Packages vendors accurately cost required 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 ...

financial and accountings instruments  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 financial planning cycle. Be in excellent company at the summit with the following confirmed speakers: Chief Financial Officer, Novartis Vice President, FP&A, Logitech Vice President of Strategy, Virgin Media Director, Finance, Adobe Systems Vice Read More

Financial Times


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

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

financial and accountings instruments  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

Texas Instruments Tells War Stories At i2 Planet


This year at i2’s Planet conference, Texas Instruments reviewed lessons learned during their 3½-year i2-SAP implementation.

financial and accountings instruments  Instruments Tells War Stories At i2 Planet Texas Instruments Tells War Stories At i2 Planet S. McVey - October 25, 2000 Event Summary At Planet 2000, i2 Technologies' recent user conference, Marge Namdar of Texas Instruments reviewed benefits realized and lessons learned in their epic 3-year implementation of i2 and SAP. The multinational semiconductor manufacturer implemented i2's TradeMatrix Supply Chain Planner, Factory Planner, and Demand Planner products jointly with SAP's R/3 Supply Allocation Read More

Throw Away Your Financial Statements: Managing by Metrics


Analyzing static, detailed financial statements has been the modus operandi for hundreds of years. Because many business management systems can isolate and create graphics of key performance indicators (KPI), businesses should now concentrate on KPIs, which influence profitability.

financial and accountings instruments  in detail and generate financial and operational reports. Until recently it has not been technologically possible to do anything else., except process information, create invoices, pay invoices, pay employees, track costs, and generate financial statements at the end of the month. That's fine, but the problem is that financial reports are sometimes generated forty-five or more days after a fiscal period begins and the information they present must, out of necessity, start at the highest, most general Read More