Guest Post by Sheila Dietsch When you’re traveling around the world, meeting with customers and prospects, there are times when you feel as if you’re hearing...
Guest Post by Sheila Dietsch When you’re traveling around the world, meeting with customers and prospects, there are times when you feel as if you’re hearing the same recording again and again. Everybody says they’d love to be in the cloud, but that’s when “the excuse parade” begins: “I’m concerned about my financial data in the cloud.” “I have too many integrations to move into the cloud.” “I’m highly customized. I can’t just throw it all away and go with a cloud solution.”...
Guest Post by Sheila Dietsch When you’re traveling around the world, meeting with customers and prospects, there are times when you feel as if you’re hearing the same recording again and...
Customers are crucial for any business. After all, sales drive growth. This is why the finance department has historically been so important to any company. But...
Customers are crucial for any business. After all, sales drive growth. This is why the finance department has historically been so important to any company. But where once keeping track of customer-related finances was a simple matter of managing spreadsheets and chasing late payers, today it is a much more complex affair. The data companies collect to manage their customer relationships can now be augmented with a range of new information, both structured and unstructured....
Customers are crucial for any business. After all, sales drive growth. This is why the finance department has historically been so important to any company. But where once keeping track...
Over the years, IT organizations have sought different strategies to help corporations meet the financial control and reporting needs of both headquarters and...
Over the years, IT organizations have sought different strategies to help corporations meet the financial control and reporting needs of both headquarters and subsidiaries. Considering that multinational corporations operate an average of 187 subsidiaries, the challenge has often been daunting. One popular option has been the two-tier approach. In this model, two different enterprise resource planning (ERP) systems are deployed to meet the needs of the two different layers...
Over the years, IT organizations have sought different strategies to help corporations meet the financial control and reporting needs of both headquarters and subsidiaries. Considering...
Guest Post by Ivgen Guner, Senior Vice President, Global Business Finance, Oracle When it comes to the performance of the finance function, there is a stunning...
Guest Post by Ivgen Guner, Senior Vice President, Global Business Finance, Oracle When it comes to the performance of the finance function, there is a stunning disconnect between what CEOs need from their CFOs and what they’re getting. According to a recent global survey of 563 CEOs conducted by KPMG, 97 percent said that attracting and retaining finance talent is the most important contributing factor to improving the finance function. Yet only 33 percent of those same...
Guest Post by Ivgen Guner, Senior Vice President, Global Business Finance, Oracle When it comes to the performance of the finance function, there is a stunning disconnect between what CEOs need from...
Who knows more about the weather than anybody else on the planet? The U.S. National Weather Service? The military? Google Earth? Nope. It’s The Weather Company,...
Who knows more about the weather than anybody else on the planet? The U.S. National Weather Service? The military? Google Earth? Nope. It’s The Weather Company, the world's largest private weather enterprise. They make weather apps for just about every smartphone in the world. Most people don’t realize it, but there’s a barometer inside those smartphones that measures the air pressure and sends that data back to The Weather Company. Tens of millions of mobile barometers,...
Who knows more about the weather than anybody else on the planet? The U.S. National Weather Service? The military? Google Earth? Nope. It’s The Weather Company, the world's largest private...
Guest post by Troy Lutes, PwC Today there is almost no question that the future of business applications—whether it’s ERP, HCM or CRM—lies in the cloud. The...
Guest post by Troy Lutes, PwC Today there is almost no question that the future of business applications—whether it’s ERP, HCM or CRM—lies in the cloud. The payoff in business agility, innovation, and lower IT costs is becoming clear to more and more businesses. But moving to the cloud can also present new challenges for companies. Most notably, cloud migrations can be unsettling for many in IT, as well as employees on the business side, forcing them to learn new processes,...
Guest post by Troy Lutes, PwC Today there is almost no question that the future of business applications—whether it’s ERP, HCM or CRM—lies in the cloud. The payoff in business agility, innovation, and...
Account reconciliation is a crucial business activity, and one that is becoming increasingly complex. Fast-shifting legal reporting requirements sit alongside...
Account reconciliation is a crucial business activity, and one that is becoming increasingly complex. Fast-shifting legal reporting requirements sit alongside the business need for accurate, timely information about its financial state, and the compliance environment will only get tougher. Research suggest more than 95 per cent of finance executives expect compliance burdens will increase—or at the very least stay constant—in the coming years. And yet nearly 60% of companies...
Account reconciliation is a crucial business activity, and one that is becoming increasingly complex. Fast-shifting legal reporting requirements sit alongside the business need for accurate,...
Guest Post by Bill Greene, Global Industry Solution Director, Oracle In some cases, financial institutions make a cautious case for simply “running the bank.”...
Guest Post by Bill Greene, Global Industry Solution Director, Oracle In some cases, financial institutions make a cautious case for simply “running the bank.” Considering how much industry regulations, increased competition, customer behavior and distribution channels are disrupting the industry, maybe the best course of action is— well, to stay the course. On the other hand, if your competitors are spending more of their time “innovating the bank,” how long can any...
Guest Post by Bill Greene, Global Industry Solution Director, Oracle In some cases, financial institutions make a cautious case for simply “running the bank.” Considering how much...
During the dawn of the Internet, former GE CEO Jack Welch used the term “destroy your own business” to encourage business unit managers at his company to find...
During the dawn of the Internet, former GE CEO Jack Welch used the term “destroy your own business” to encourage business unit managers at his company to find new, web-enabled ways of running their business units. Otherwise, the risk was that new market entrants, not being burdened by legacy systems, might develop new business models and offer competition that could destroy GE's business. Fast-forward thirty years, and GE is once again destroying its own business,...
During the dawn of the Internet, former GE CEO Jack Welch used the term “destroy your own business” to encourage business unit managers at his company to find new, web-enabled ways of running their...
