Press Release MINNEAPOLIS – Dec. 10, 2012 – Digital River, Inc. (NASDAQ: DRIV), the revenue growth experts in global cloud commerce, announced that it signed a global payments agreement with Skullcandy, Inc. (NASDAQ: SKUL), a high-growth performance lifestyle audio brand. Skullcandy is using the Digital River World Payments solution to build a localized European e- […]
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December 11, 2012
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 […]
Standard & Poorâs Ratings Services uses the enterprise risk management (ERM) evaluation process to distinguish between those financial services firms that are able to moderate incidences of unexpected losses and thus improve the level of risk-adjusted returns, and those that do not have this capability. When resolving the credit implications of a major acquisition or […]
During the 1990s, many large corporations made substantial strides in improving the efficiency of their finance functions. Indeed, the average cost of operating a finance department relative to a companyâs revenues fell by nearly half during this period. When applied only to the Fortune 500, this amounts to ongoing annual savings of $60 billion. Since […]
CFO: What is the recent activity in the performance management space all about? Mark Smith: Itâs not just recent activity. For decades, finance has made continuous steps to not just improve financial performance but manage it efficiently, and now the shift is toward financial effectiveness. At the core, this is the foundation for performance management […]
Finance executives must meet a growing number of complex demands and challenges if their companies are to reach the next level of profitable growth.
Operational excellence around core financials is certainly essential. CFOs and their teams are expected to standardize transactional processes and deploy effective and efficient financial systems. They must deliver strong performance in everything from cash management to regulatory compliance to merely address foundational financial requirements.
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 […]
The term âhigh performanceâ in this paper refers to both a definitive destination and a continuous quest for sustainable advantage. Increasingly, organizations from the private and public sector are establishing finance shared services to help them on their journey. Those that are most successful in this endeavor do not focus solely on shared servicesâ cost-cutting […]