CFO: Whatâs driving the finance organizationâs increased focus on information management? Bill Hewitt: Users demand a âsingle source of truth,â but they canât get accurate, consistent information in time to affect major business decisions. With most information in silos, managers and executives canât view information in a holistic business context. While we see this across […]
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Retail, commercial and capital marketsâ banking organizations face tremendous pressure to scale their operations and do more with less. Major banks that achieve scale can gain significant competitive advantage over those that operate business units as separate entities with separate infrastructures and cost structures.
The need for scale, coupled with increasing cross-border operations and greater demand to support product innovation, is compelling large-scale banks to assess their overall operational and cost management strategies.
If you havenât reviewed the performance of your IT services in at least 18 months, chances are good that 20 percent or more of your spending is being wasted. As experienced CFOs who manage technology-buying decisions know, however, thereâs a strong reason to hold back on plans to optimize hosting, networking, content delivery and other […]
Then you need a Corporate Financial Management (CFM) solution specifically designed for strategically minded CFOs. This is an integrated financial system that enables you to play an increasingly critical role within your company â one that gives you the high-impact planning and forecasting capabilities necessary to be an effective advisor to your leadership team. Such […]
For more than a quarter of a century, Teksouth Corporation has been delivering high technology services to customers worldwide, notably the Department of Defense. Those services include data warehouse development, implementation and support; stand-alone/Web-based decision support systems tailored to customer requirements and high-speed secure data transfer management. It has successfully developed and implemented a multiterabyte-sized […]
Imagine the challenge facing the United States Air Force: to manage an operating budget of nearly $40 billion affecting the programs, administration and combat operations of personnel and facilities worldwide. Not only is the amount staggering, but consider that these dollars support more than 400,000 civilian, military and contractor employees working around the clock in […]
Enhance Performance Via Operational Business Intelligence: Collaboration, Exploration and Integration
Financial analysis and reporting are becoming more and more closely intertwined with operations. As the leading driver of business performance improvement, the CFOâs office is moving ever closer to operations. By analyzing real-time data, CFOs can provide immediate feedback to operations managers. Performance management is also penetrating lower levels. Effective business managers are pushing the […]
Efficient Revenue Compliance in Todayâs Regulatory Environment Achieving accurate, timely and efficient revenue reporting has become a formidable task in todayâs environment of fast-changing business requirements and stringent regulatory oversight. Ever-changing business models in many industries have generated complex accounting rules and processes for determining revenue. As a result, immaculate revenue reporting is now a […]
EXECUTIVE SUMMARY RevenueRecognition.com in association with International Data Corporation (IDC) recently surveyed 578 business leaders about the need for improvements in their finance processes, with a focus on revenue recognition and related reporting processes. The survey was conducted in July 2007 by email and all responses were on an anonymous basis. More than 80% of […]