Rising to the Challenge. Achieving Real-time Visibility across the Organization

Size: px
Start display at page:

Download "Rising to the Challenge. Achieving Real-time Visibility across the Organization"

Transcription

1

2 About the Author Raef Lawson is Vice President-Research and Professor-in-Residence for the IMA (Institute of Management Accountants). He received his MBA and Ph.D. degrees from the Leonard N. Stern School of Business, New York University. He holds a variety of professional certifications, including CMA, CFA, and CPA. Prior to joining IMA, Dr. Lawson spent 20 years as a professor in the Department of Accounting and Law at the University at Albany, SUNY, where he also served as department chair. Dr. Lawson can be reached at rlawson@imanet.org or This study is sponsored by NetSuite, the world s leading provider of cloud-based business management software. NetSuite helps companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, ecommerce, inventory, and more. More than 12,000 companies and divisions of large enterprises use NetSuite to run more effectively without the high costs and inefficiency of on-premise systems. Named by Gartner as the world s fastest-growing top 10 financial management solution company for the last three years, NetSuite netted the 2011 CODiE Award from the Software & Information Industry Association (SIIA) for Best Financial Management Software. Contents 3 Introduction 3 Executive Summary 3 Key Findings 15 Conclusion 16 Appendix: Respondent Demographics Published by Institute of Management Accountants 10 Paragon Drive, Suite 1 Montvale, NJ in the United States of America by Institue of Management Accountants All rights reserved 2 2

3 Introduction Last year IMA (Institute of Management Accountants) conducted a survey of select members that examined the priority issues and challenges faced by finance teams in today s challenging economic and business climate. The most important challenge streamlining process and improving productivity was the subject of our recent Rising to the Challenge: Productivity in Accounting and Finance Organizations research study, This report expands on our prior research and focuses on the two issues identified by our respondents as being next in importance: improving the management reporting cycle and achieving real-time visibility across the organization. Executive Summary Businesses today are operating in an increasingly complex, competitive environment. To cope with these business demands, organizations are increasingly calling on their accounting and finance teams to go beyond their traditional role of information suppliers and to provide analytical insight into the business. Key difficulties in fulfilling this new role include both improving the management reporting cycle and achieving real-time visibility across the organization. Many companies possess disparate information systems, a lack of integration among these systems, and systems that are outdated and cannot meet current business requirements. While most manufacturing-related systems are highly integrated into companies overall ERP systems, other key related areas, such as business intelligence and budgeting and forecasting, typically are not. This lack of integration is also common for systems that support other functional areas, including customer upsell/renewal, marketing, support, and e-commerce. In order for accounting and finance teams to be able to provide analytical insight into the business and to provide real-time visibility into their organizations, companies will need to replace or update their outdated, unintegrated, disparate information systems. By doing so, these teams will have the tools needed to provide the predictive insights and transparency that is now being demanded of them. Key Findings Critical Issues Faced by Accounting and Finance Teams The past year has seen a continuation of challenging conditions around the globe, with economic uncertainty prevalent in Europe, continued political unrest in the Middle East, an anemic recovery in the U.S., and an economic slowdown in the Far East. Has this affected the priorities of the finance function? To answer this question, we surveyed IMA members regarding the importance of 14 possible business concerns facing their organizations (For details regarding survey respondents demographics, see the Appendix). When asked what was the single most critical business concern facing their organization, respondents provided a wide range of responses. These included comments such as: 33

4 Transparency in the financial process communicating with managers and staff when issues arise and before issues arise. Keeping clear communication between departments on all matters, both financial and operational. Real-time management response to market, competitors, and global environment, using information as a competitive advantage. Adding financial clarity to day-to-day operations without causing extra work for nonaccounting department heads that are already overwhelmed. Using cloud computing and technologies to help improve productivity. Streamlining reporting across the organization and gaining a more real-time look at financials/ operations through the implementation of an ERP system. Have the Accounting/Finance area become an integrated business partner with all the other operational areas in the organization, leading to a totally integrated decision-making team that drives the organization. Overcoming a culture where success is now assumed, but urgency needs to occur to continue to fulfill our mission. These concerns and the many other responses received reflect a diversity of concerns consistent with other research conducted by IMA on the changing role of the CFO organization and the increasing responsibilities assumed by the CFO team. What emerges is a picture of accounting and finance organizations that need to continue to deliver excellence in their traditional role while also assuming an enlarged role, often subject to challenging resource constraints. Survey respondents were asked about the importance of 14 specific business concerns. With the exception of one addition this year, these were the same concerns as those contained in our survey conducted last year (See Figure 1). 4 4

5 Figure 1. Importance of Business Concerns Facing Accounting and Finance Organizations mean 2011 mean Streamlining process and improving productivity Improving the management reporting cycle Achieving real-time visibility across your organization Running a global business efficiently Becoming the Transformational CFO Handling financial consolidation efficiently Influencing IT priorities and working more closely with CIO Connecting the finance team with the front office Upgrading your company s ERP/ business systems Improving collaboration in the finance organization Spending less cycles on the period close Accelerating the invoicing process Automating order management Using technologies to help improve productivity (Note: Average ranks based on a scale of 5=Of critical importance, 4=Very important, 3=Important, 2=Slightly important, and 1=Not important). The average rating of importance of the concerns this year was consistent with those from the prior year: Streamlining processes and improving productivity was again the concern rated of highest importance, on average, followed by improving the management reporting cycle and achieving real-time visibility across the organization. The consistency of the survey results attests to the ongoing nature of the concerns finance professionals have in these areas. Our prior study focused on streamlining processes and improving productivity; in this study, we focus on the next two most important issues facing accounting and finance organizations. 55

6 Information Challenges Faced by Organizations In order to successfully compete, businesses need timely, accurate, and insightful information. This information often needs to be supplied in real-time and to provide a view into company performance across the organization. Table 1 lists various challenges companies face in achieving this goal. Table 1. Extent to which Organizations Face Visibility Challenges Mean Rating Accurately projecting the company s finances into the future 3.43 Obtaining real-time visibility across the organization 3.35 Seeing an accurate forecasted revenue picture 3.28 Measuring the success/failure of our strategy 3.26 Analyzing trends in our business 3.12 Managing financial risk 3.11 Changing strategic direction 3.09 Get better visibility and insight into customer transactions and activity 3.02 Accurately seeing actual vs. quota vs. forecast 3.00 Resolving conflicting sources of information 2.99 Understanding which customers/products are profitable 2.98 Trusting the numbers that the system provides 2.97 Managing KPIs in our business 2.96 Effective evaluation of financial opportunities 2.93 Ensuring accounting control in accordance with external financial reporting regulations 2.90 Closing the books and reporting in a timely fashion 2.90 Ensuring strong financial compliance by maintaining a complete audit trail 2.87 Determining real marketing and sales ROI 2.80 Getting a clear picture of bookings, billings, and backlogs 2.57 Efficient acquisition of other companies 2.33 (Note: Table presents average rating of importance, based on a scale of 5=A critical challenge, 4=To a great extent, 3=Somewhat, 2=To a small extent, and 1=Not at all). Technological advances have changed expectations for the accounting and finance team. They are expected to spend less time on recording and verifying the numbers and more time making the data connections and explaining the number implications to the business applying the finance lens on decision making. There is also increased emphasis on moving past explaining historic numbers to providing a forward-looking forecast of an organization s finances, risks, and opportunities. Achieving real-time visibility throughout an organization is assuming much greater importance. 6

7 Key Areas of Challenge Given the current economic environment, it is not surprising that a key priority for companies in achieving real-time visibility is the traditional area of understanding cash flow (See Table 2). However, nearly as many survey respondents identified issues around sales and marketing as being key areas of challenge: Understanding lead and marketing performance and understanding new sales revenue performance are challenges faced by over 40% of respondents. Areas related to traditional finance roles such as accounts receivable, accounts payable, and payroll processing are much less likely to be areas of concern for companies. Table 2. Areas in which Organizations Face Challenges Around Visibility Percent Understanding cash flow 47.4% Understanding lead and marketing performance 42.5% Understanding new sales revenue performance 41.9% Understanding customer service performance 37.8% Understanding accounts receivables results 25.8% Understanding account payables results 25.6% Understanding performance of subsidiaries and international division 25.4% Understanding customer renewals and upsell performance 25.1% Understanding payroll, including handling all filings and deposits for federal, state, and local jurisdictions 15.2% These results point again to the increasing expectations placed on the finance function and the challenge of meeting those expectations. No longer is the CFO organization merely expected to be a compiler and reporter of financial information. Instead, the accounting and finance function is increasingly partnering with others throughout the company in order to provide insights that drive enhanced organizational performance. Challenges in Visibility Meeting these raised expectations will require adequate information systems, which many organizations lack. Key challenges among system deficiencies are two related challenges: the presence of disparate systems across the organization and a lack of integration among these systems (See Figure 2). 7

8 Figure 2. Greatest Challenges Around Visibility (% of Respondents) 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% Lack of integration Disparate systems across your organization Systems can t keep up with rapid growth Outdated systems to meet new business requirements Global expansion System-related limitation for launching new products rapidly M&A new businesses or BUs are added without adequate systems Compounding the challenge posed by the lack of system integration is the presence of outdated systems unable to meet new business needs and systems that can t keep up with organizational growth. Finally, lack of a data warehouse was cited by a quarter of respondents as one of their greatest challenges in achieving realtime visibility. These challenges of disparate, unintegrated, outdated systems and inaccessible, unorganized data hinder organizations from achieving the visibility into their organizations operations and from making better business decisions. 8

9 Challenge in Integrating Systems The challenge of integrating systems is due in no small part to the means by which companies accomplish this task. As indicated in Table 3, the most commonly used means for integrating systems is through the use of spreadsheets. Table 3. How is Integration Achieved? Through the use of spreadsheets 68.3% Directly integrating applications 53.9% Through middle-ware applications 31.2% Other 2.5% The use of spreadsheets for integrating systems can lead to several problems. Foremost among these as experienced by 76.9% of our survey respondents was the need for excessive manual effort (See Table 4). Other common problems include having multiple versions of the truth, difficulties in maintaining and updating the system, and the lack of timely reporting. Table 4. Problems Encountered as a Result of Using Spreadsheets Excessive manual effort 76.9% Multiple versions of the truth 48.4% Difficulties in maintaining/updating the system 48.1% Lack of timely reporting 45.3% Serious spreadsheet errors 26.5% Excessive costs in run and maintaining system 21.2% These results paint a picture of many companies using disparate systems that are poorly integrated, resulting in challenges in achieving real-time visibility into their organization. Integration of Various Systems Enterprise resource planning (ERP) systems can help integrate information across an entire organization. To what extent does this occur? Our results indicate that most firms still have a long way to go before they have truly integrated their information systems. Figure 3 indicates the frequency of integration of various business systems into firms ERP systems. Manufacturing, inventory, and procurement systems are each integrated by about 45% of all survey respondents. As might be expected, given that these are related to activities in a common business process, the means of integrating these systems is very consistent within firms. When looking at just respondents in the manufacturing industry, the percentages are much higher (66%, 62%, and 60%, respectively). Given the increasingly competitive and global nature of many manufacturing industries, it is clear that automation and integration of these systems is essential for companies to maintain their competitiveness and that they are being responsive to this need. 9

10 Figure 3. Integration of Systems with Organizations ERP 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% Completely stand-alone Through spreadsheets or flat file transfers Through manually launched integration routines Through automated integration routines An integrated module of our ERP 0% Accounting Manufacturing & inventory Inventory & fulfillment Procurement Financial close and reposting New sales Human resources Customer renewals/upsell Service and support Profitability analysis Internet/e-commerce Professional services Business intelligence Budgeting/forecasting Marketing When it comes to finance and accounting systems, a mixed picture emerges. While traditional accounting and finance activities, including basic accounting and financial close and reporting, are commonly integrated into the system, business intelligence and budgeting and forecasting are much less likely to be integrated. This finding reinforces the conclusion of many prior surveys that find that financial planning and analysis is the number one pain point of finance and accounting professions. Marketing-related systems are the least likely to be integrated. Only 9.5% of systems have integrated their marketing systems, and the system is completely standalone for nearly half of the respondents. Other related systems, including business intelligence, Internet/e-commerce, and customer service and customer renewal/ upsell, are all among the least-integrated systems. This is reflective of the common disconnect between the front office and finance functions. No wonder companies are struggling to obtain the real-time information needed to compete in the marketplace. As might be expected, integration of the various systems varies by firm size. For example, as depicted in Figure 4, only about one third of firms with less than $1 million in revenue have integrated accounting systems. This percentage rapidly rises, with firms with more than $10 million in revenue being almost twice as likely to have integrated systems. 10

11 Figure 4. Integration of Accounting Systems with Organizations ERP by Firm Size 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% Completely stand-alone Through spreadsheets or flat file transfers Through manually launched integration routines Through automated integration routines An integrated module of our ERP 0% <$1 Million $1-$10 Million $10-$30 Million $30-$75 Million $75-$200 Million $200-$500 Million $500 Million-$1 Billion $1-$5 Billion $5-$10 Billion > $10 Billion Improving the Management Reporting Cycle Survey respondents were asked to identify which challenges they encountered in improving their management reporting cycle (see Figure 5). The most common challenge, faced by slightly more than half of the respondents, was the timeliness of performance reports and analysis, followed by integrating multiple data sources and the length of time required to close the books. Figure 5 indicates that there is a great deal of consistency with responses from those received in last year s survey. 11

12 Figure 5. Challenges for Improving the Management Reporting Cycle % % 40.0% 30.0% 20.0% 10.0% 0.0% Timeliness of performance reports and analysis Integrating multiple data sources Length of time required to close books Cash flow reporting Reporting at the customer and product/service level Reporting on sales orders and revenue Reporting on the subsidaries and geography results Compying with government rules and regulations We have no challenges in this area Other Note: Complying with government rules and regulations was not an option in the prior (2011) survey. Survey respondents were further asked to identify which of the challenges was most pressing. The responses were consistent with the overall frequency of the various challenges. Time Required to Close Books As noted above, a commonly identified challenge facing organizations is the length of time required to close the books. As indicated in Figure 6, the most common length of time required to close is five days, while the median time to close is seven days. 12

13 While some organizations close their books very rapidly, 12% of companies require more than three weeks (15 business days) to do so. Worse still, a significant number of companies are still working on closing their books at the end of the following month. No wonder companies are struggling to achieve visibility across their organizations and to provide timely, actionable information. Figure 6. Business Days Required to Perform a Monthly Close Percent (Right Scale) Cummulative Total (Left Scale) 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 20% 18% 16% 14% 12% 10% 8% 6% 4% 2% 0% > 40 Capabilities of Business Performance Information Systems In order to achieve real-time visibility across the organization, companies information systems need to deliver the necessary information in a timely manner and in a readily usable format. Table 5 lists some features that can help provide these capabilities. 13

14 Table 5. Capabilities of Current Business Performance Information System Drill-down capabilities to customer, employee, and transactional details 48.6% Ad-hoc reporting capabilities 47.9% Key performance indicators and reporting on key variances and periodon-period 39.6% trends organization, including sales, finance, etc. 29.1% Search-based analytics 28.2% Personalized dashboards 26.4% Real-time business intelligence 21.9% What-if financial modeling capabilities 17.3% Anytime, anywhere accessibility 17.0% Real-time performance across subsidiaries and geographies 11.5% Mobile device accessibility 11.4% As indicated in Table 5, most companies systems lack such features. The most commonly available is the ability to drill down to customers, employees, and transactional details, with 48.6% of companies possessing this capability. Many companies lack capabilities such as key performance indicators and reporting on key variances and period-on-period trends, visibility across the organization, search-based analytics, and real-time business intelligence that enable informed business decision making. Despite the discouraging current state of business information systems, the future looks brighter. Many of our survey respondents (41.5%) have implemented integrated business systems or plan to do so (see Table 6). Another large percentage (40.7%) have added business intelligence software and replaced siloed business systems (32.9%) or plan to do so. Table 6. Technology Investments Implemented or Planning to Implement Integrating disconnected business systems 41.5% Adding business intelligence software 40.7% Adding data warehouse 33.4% Replacing siloed business systems (finance, CRM, etc.) with a single business suite/database 32.9% Consolidating global finance systems 25.2% Moving current financial systems to cloud computing 15.6% Moving subsidiaries and non-hq divisions to the cloud 4.8% 14

15 Conclusion Businesses today are operating in an increasingly complex, competitive environment. To cope with these business demands, organizations are increasingly calling on their accounting and finance teams to go beyond their traditional role of information suppliers and to provide analytical insight into the business. Our findings indicate that finance professionals are running into difficulty fulfilling this new role: In addition to streamlining processes and improving productivity, achieving real-time visibility across their organizations and improving the management reporting cycle were identified as the most pressing obstacles. Organizations also confront challenges in converting data into actionable information. Forecasting is a challenge, both with regard to revenues and company finances in general. Using data to measure the success or failure of company strategy, to analyze business trends, and to manage financial risk also present challenges. Improved information systems will be needed for the finance function to meet its expanding role. Many companies currently possess disparate systems across the organization, a lack of integration among these systems, and systems that are outdated and cannot meet current business requirements. The use of spreadsheets, while common, can lead to a variety of issues, including excessive manual effort, multiple versions of the truth, and difficulties in maintaining the system. While most manufacturing-related systems are highly integrated into companies overall ERP systems, the same is not generally true of systems in other functional areas. In accounting, traditional financial accounting systems are commonly integrated while business intelligence, budgeting, and forecasting are not. This lack of integration is also common for systems that support other functional areas, including marketing, customer support, customer upsell/renewal, and e-commerce. While the level of integration of these systems increases with firm size, there is a general lack of integration regardless of company size. As noted above, accounting and finance teams are increasingly being called on to provide analytical insight into the business and to provide real-time visibility into their organizations. In order to do so, many firms will have to replace or update their outdated, unintegrated, or disparate information systems. By doing so, these teams will have the tools needed to provide the predictive insights and transparency that will add to the value of their companies. 15

16 Appendix. Respondent Demographics This survey was sent to 46,995 IMA members; it was returned by 1,501 members, for a 3.2% response rate. The following summarizes the demographic characteristics of the respondents. Table A1. Industry of Respondents Manufacturing 35.1% Business Services 19.4% Government/Nonprofit 10.8% Finance 10.1% Wholesale/Distribution 7.6% Construction and Contracting 4.9% Healthcare 4.7% High Tech/Software 3.8% Retail/e-commerce 3.6% Figure A1. Respondents Management Levels Top Management 18.9% Senior Management Middle Management 41.2% 15.2% Lower Management/Entry Level 24.7% 16

17 Figure A2. Annual Revenues (or budget if a nonprofit or governmental entity) in U.S. dollars Less than $1 Million $1-$10 Million 10.5% 5.2% $10 -$30 Million 12.3% $30-$75 Million 11.8% $75-$200 Million 10.4% 5.8% $200-$500 Million $500 Million-$1 Billion 7.5% 13.2% $1 Billion-$5 Billion $5 Billion to $10 Billion More than $10 Billion 9.7% 13.6% Figure A3. Number of Employees Less than % 17.8% % 14.8% ,001-10,000 More than10, % 9.3% 9.5% 17

18 Figure A4. Location of Primary Business Unit North America 0.7% 5.3% 15.1% 1.3% South America 7.8% Europe Middle East Africa 69.8% Asia/Pacific Figure A5. Type of Organization Publicly traded 5.5% 2.3% Privately held 8.5% Nonprofit Government Agency 31.8% Other 51.9% 18

19 About IMA IMA, the association of accountants and financial professionals in business, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA (Certified Management Accountant) program, continuing education, networking, and advocacy of the highest ethical business practices. IMA has a global network of more than 65,000 members in 120 countries and 200 local chapter communities. IMA provides localized services through its offices in Montvale, N.J., USA; Zurich, Switzerland; Dubai, UAE; and Beijing, China. For more information about IMA, please visit 19

ima Barriers to Change in Information Technology Decisions Sponsored by NetSuite Results of a 2015 IMA Survey

ima Barriers to Change in Information Technology Decisions Sponsored by NetSuite Results of a 2015 IMA Survey ima The Association of Accountants and Financial Professionals in Business Results of a 2015 IMA Survey Sponsored by NetSuite About IMA IMA, the association of accountants and financial professionals in

More information

Evolving Role of the Controller

Evolving Role of the Controller Evolving Role About IMA IMA, the association of accountants and financial professionals in business, is one of the largest and most respected associations focused exclusively on advancing the management

More information

ima Understanding and Implementing 2014 International Salary Survey The Association of Accountants and Financial Professionals in Business

ima Understanding and Implementing 2014 International Salary Survey The Association of Accountants and Financial Professionals in Business The Association of 2014 International Salary Survey ima Accountants and Financial Professionals Younger Members Earning More in Business Understanding and Implementing Internet 2014 INTERNATIONAL E-Commerce

More information

ima The Association of Accountants and Financial Professionals in Business 2014 GLOBAL SALARY SURVEY

ima The Association of Accountants and Financial Professionals in Business 2014 GLOBAL SALARY SURVEY ima The Association of Accountants and Financial Professionals in Business 2014 GLOBAL SALARY SURVEY 2014 Global Salary Survey About IMA IMA, the association of accountants and financial professionals

More information

ima The Impact of the Affordable Care Act: An IMA Survey IRF: C-Suite Report The Association of Accountants and Financial Professionals in Business

ima The Impact of the Affordable Care Act: An IMA Survey IRF: C-Suite Report The Association of Accountants and Financial Professionals in Business ima The Association of Accountants and Financial Professionals in Business IRF: C-Suite Report About IMA IMA, the association of accountants and financial professionals in business, is one of the largest

More information

Software Industry KPIs that Matter

Software Industry KPIs that Matter Software Companies Run Better on NetSuite. Software Industry KPIs that Matter Sponsored by Improved Results from Businesses Like Yours Business Visibility 360 o Visibility & Actionable Insight Increased

More information

ima The New World of Revenue Management How CFOs Are Embracing Today s Revenue Models to Bring More Value to the Business Sponsored by FinancialForce

ima The New World of Revenue Management How CFOs Are Embracing Today s Revenue Models to Bring More Value to the Business Sponsored by FinancialForce ima The Association of Accountants and Financial Professionals in Business How CFOs Are Embracing Today s Revenue Models to Bring More Value to the Business Sponsored by FinancialForce About IMA IMA, the

More information

ima Current Use of and Future Desires for Accounting Systems The Association of Accountants and Financial Professionals in Business

ima Current Use of and Future Desires for Accounting Systems The Association of Accountants and Financial Professionals in Business ima The Association of Accountants and Financial Professionals in Business Underwritten by Intacct About IMA IMA, the association of accountants and financial professionals in business, is one of the largest

More information

ANALYTICS PAYS BACK $13.01 FOR EVERY DOLLAR SPENT

ANALYTICS PAYS BACK $13.01 FOR EVERY DOLLAR SPENT RESEARCH NOTE September 2014 ANALYTICS PAYS BACK $13.01 FOR EVERY DOLLAR SPENT THE BOTTOM LINE Organizations are continuing to make investments in analytics to meet the growing demands of the user community

More information

Manufacturing Industry KPIs that Matter

Manufacturing Industry KPIs that Matter Manufacturing Companies Run Better on NetSuite. Manufacturing Industry KPIs that Matter Sponsored by Results from Businesses Like Yours Business Visibility 360 o Visibility & Actionable Insight Increased

More information

Understanding the Accounting Faculty Shortage:

Understanding the Accounting Faculty Shortage: Understanding the Accounting Faculty Shortage: THE FUTURE ROLE OF THE MANAGEMENT ACCOUNTANT About IMA IMA, the association of accountants and fi nancial professionals in business, is one of the largest

More information

The #1 Web-Based Business Software Suite. Accounting / ERP CRM Ecommerce

The #1 Web-Based Business Software Suite. Accounting / ERP CRM Ecommerce The #1 Web-Based Business Software Suite Accounting / ERP CRM Ecommerce for every business. Intelligent Complete Simple You have real-time access to all the information you need to make better, faster

More information

NetSuite Inc. 2014. Business Models are Constantly Evolving. NetSuite Inc. 2014

NetSuite Inc. 2014. Business Models are Constantly Evolving. NetSuite Inc. 2014 Featured Speakers Turbo Charge Finance For Growth October 14, 2014 Anand Misra Sr. Product Marketing Manager NetSuite Darren Linscott VP of Product Bill.com Derek Kraus VP Finance SolidFire Sam Stetler

More information

NetSuite for Wholesale Distributors

NetSuite for Wholesale Distributors NetSuite for Wholesale Distributors Key benefits Built-in support for wholesale distribution business processes Real-time visibility throughout your entire organization, from sales to operations to invoicing

More information

Advertising and Media Industry KPIs that Matter

Advertising and Media Industry KPIs that Matter Businesses Run Better on NetSuite. Advertising and Media Industry KPIs that Matter Sponsored by Improved Results Achieved by Businesses Like Yours Business Visibility 360 o Visibility & Actionable Insight

More information

Sage ERP Solutions I White Paper

Sage ERP Solutions I White Paper I White Paper Transforming Finance into a Strategic Resource www.sagenorthamerica.com Table of Contents Executive Summary... 3 Benefits of a Strategic Finance Function... 3 What Finance Needs to Become

More information

The Great Debate: One Integrated Business System VS. Siloed Applications

The Great Debate: One Integrated Business System VS. Siloed Applications The Great Debate: One Integrated Business System VS. Siloed Applications Table of Contents How to Avoid the Pitfalls that Restrict Business Growth.... 3 Inefficiencies of a Standalone System Architecture....

More information

As an international professional association, IMA. Conducting the Survey

As an international professional association, IMA. Conducting the Survey IMA Middle Conducting the Survey In May 2010 the survey was e-mailed to a sample of 4,436 IMA members in the Middle East. It was similar to the one used for the annual survey of IMA members in the U.S.,

More information

How to Choose the Right Accounting Software for Your Business

How to Choose the Right Accounting Software for Your Business www.deltek.com How to Choose the Right Accounting Software for Your Business Choose an ERP solution complete with accounting functionality to align with your business goals How to Choose the Right Accounting

More information

Running your business does not have to be complicated

Running your business does not have to be complicated Sage X3 for Retail Sage for Retail Adopt a faster, simpler, more flexible business and retail management solution with full CRM and HRM capabilities all rolled into one. With Sage X3, you are choosing

More information

Building a Team to Capitalize on the Promise of Big Data

Building a Team to Capitalize on the Promise of Big Data Building a Team to About IMA IMA professionals in business, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports

More information

Sarbanes-Oxley: Beyond. Using compliance requirements to boost business performance. An RIS White Paper Sponsored by:

Sarbanes-Oxley: Beyond. Using compliance requirements to boost business performance. An RIS White Paper Sponsored by: Beyond Sarbanes-Oxley: Using compliance requirements to boost business performance The business regulatory environment in the United States has changed. Public companies have new obligations to report

More information

Supply chain ingenuity

Supply chain ingenuity Supply chain ingenuity Grant Thornton Consumer and Industrial Products practice January 2014 Agile decision-making, business intelligence and your supply chain Each year, Grant Thornton LLP conducts a

More information

OF A SOFTWARE COMPANY CFO. costly problems CFOs can t stop thinking about...and how they get back to business.

OF A SOFTWARE COMPANY CFO. costly problems CFOs can t stop thinking about...and how they get back to business. OF A SOFTWARE COMPANY CFO 7 Seven costly problems CFOs can t stop thinking about...and how they get back to business. INTACCT 1 INDEX 1. Gaining control over deferred revenue and revenue recognition. 2.

More information

Buyers Guide to ERP Business Management Software

Buyers Guide to ERP Business Management Software Buyers Guide to ERP Business Management Software one 1. Introduction When you search for ERP or Enterprise Resource Planning on the web, the sheer amount of information that appears can be overwhelming

More information

Dynamic Enterprise Performance Management

Dynamic Enterprise Performance Management TM Dynamic Enterprise Performance Management Data. Insights. Action. 1 Pull insight out of the chaos Chaos. It s a word that few CFOs would like associated with their businesses; but when it comes to decision

More information

Productivity Gains for SMBs with OnCloud ERP PestBusters takes 1st mover advantage

Productivity Gains for SMBs with OnCloud ERP PestBusters takes 1st mover advantage 2012 Productivity Gains for SMBs with OnCloud ERP PestBusters takes 1st mover advantage GreeneStep OnCloud ERP enables SMBs to take advantage of an agile business automation and processes integration system

More information

Managing Your Consulting Firm for Growth. Worldwide Survey

Managing Your Consulting Firm for Growth. Worldwide Survey Managing Your Consulting Firm for Growth Worldwide Survey An IDC InfoDoc, sponsored by Deltek July 2014 Managing Your Consulting Firm for Growth Executive Summary Consulting firms report a bullish outlook

More information

The World s #1 Cloud ERP Solution. Comprehensive, Scalable Cloud ERP. Real-Time Financial Reporting from Summary to Detail

The World s #1 Cloud ERP Solution. Comprehensive, Scalable Cloud ERP. Real-Time Financial Reporting from Summary to Detail NetSuite ERP The World s #1 Cloud ERP Solution NETSUITE BENEFITS Benefits experienced by organizations using NetSuite include 1 : Reduced IT costs by 50% or more Accelerated financial close by 20% 50%

More information

The Outlook for Wholesale Distribution in 2012. A Survey of Key Business Objectives and Challenges Among Mid-Market Wholesale Distribution Companies

The Outlook for Wholesale Distribution in 2012. A Survey of Key Business Objectives and Challenges Among Mid-Market Wholesale Distribution Companies The Outlook for Wholesale Distribution in 2012 A Survey of Key Business Objectives and Challenges Among Mid-Market Wholesale Distribution Companies Executive Summary During the last quarter of 2011, NetSuite

More information

How To Use Intacct

How To Use Intacct Intacct Financial Management and Accounting System Intacct is the award winning cloud financial management and accounting system specifically designed to help small and midsized enterprises improve company

More information

SAP Thought Leadership Business Intelligence IMPLEMENTING BUSINESS INTELLIGENCE STANDARDS SAVE MONEY AND IMPROVE BUSINESS INSIGHT

SAP Thought Leadership Business Intelligence IMPLEMENTING BUSINESS INTELLIGENCE STANDARDS SAVE MONEY AND IMPROVE BUSINESS INSIGHT SAP Thought Leadership Business Intelligence IMPLEMENTING BUSINESS INTELLIGENCE STANDARDS SAVE MONEY AND IMPROVE BUSINESS INSIGHT Your business intelligence strategy should take into account all sources

More information

Your Technology Strategy: Cost Center or Strategic Business Investment?

Your Technology Strategy: Cost Center or Strategic Business Investment? Your Technology Strategy: Cost Center or Strategic Business Investment? Lee Kilmer VP, Enterprise Performance Management, Infor 1 What We ll Talk About CFO Concerns Transformational Technologies and how

More information

Microsoft Dynamics NAV for Government Contractors

Microsoft Dynamics NAV for Government Contractors Microsoft Dynamics NAV for Government Contractors Introduction Small to midsize companies that do business with the federal government have unique challenges not typically faced by companies that exclusively

More information

RESEARCH NOTE NETSUITE S IMPACT ON E-COMMERCE COMPANIES

RESEARCH NOTE NETSUITE S IMPACT ON E-COMMERCE COMPANIES Document L17 RESEARCH NOTE NETSUITE S IMPACT ON E-COMMERCE COMPANIES THE BOTTOM LINE Nucleus Research analyzed the activities of online retailers using NetSuite to assess the impact of the software on

More information

PROCURE-TO-PAY AUTOMATION GUIDE. A guide to cloud procure-to-pay automation for CIOs, CFOs and CPOs. PRESENTED BY BIRCHSTREET SYSTEMS Copyright 2016

PROCURE-TO-PAY AUTOMATION GUIDE. A guide to cloud procure-to-pay automation for CIOs, CFOs and CPOs. PRESENTED BY BIRCHSTREET SYSTEMS Copyright 2016 PROCURE-TO-PAY AUTOMATION GUIDE 2016 A guide to cloud procure-to-pay automation for CIOs, CFOs and CPOs. PRESENTED BY BIRCHSTREET SYSTEMS Copyright 2016 PROCURE-TO-PAY AUTOMATION Procure-to-Pay Automation

More information

Chaos to Clarity. Why Strategic CFO s Demand AP Automation 43% 55% 75% Written by Bottomline Technologies

Chaos to Clarity. Why Strategic CFO s Demand AP Automation 43% 55% 75% Written by Bottomline Technologies Chaos to Clarity Why Strategic CFO s Demand AP Automation 55% 43% 75% Written by Bottomline Technologies Chaos to Clarity Why Strategic CFO s Demand AP Automation What s at the top of the modern CFO s

More information

Grant Management & Project Control

Grant Management & Project Control Grant Management & Project Control Increasing accountability and skills development with SAP Business One Helping NPOs and NGOs run more efficiently SAP Business One for NGO s CO MPREHENSIVE BUDGETING,

More information

NetSuite: The Key to Performance and Profitability for Solution Providers

NetSuite: The Key to Performance and Profitability for Solution Providers NetSuite: The Key to Performance and Profitability for Solution Providers www.netsuite.com Table of Contents Solution Providers Face Unique Challenges 2 Solution Provider Business Models 3 The Current

More information

Services Resource Planning

Services Resource Planning Services : How Integrated PSA, CRM and Financials Can Transform Your Services Business Line art source artwork: Services : How Integrated PSA, CRM and Financials Can Transform Your Services Business Services

More information

IMA 2012. Middle East. SALARY SURVEY By Raef Lawson, CMA, CPA, CFA

IMA 2012. Middle East. SALARY SURVEY By Raef Lawson, CMA, CPA, CFA COMPENSATION IMA 2012 Middle East SALARY SURVEY By Raef Lawson, CMA, CPA, CFA 5 0 S T R AT E G I C F I N A N C E I N o v e m b e r 2 0 1 2 Two years ago, IMA conducted the first salary survey of its members

More information

Strategic Solutions that Make Your Work Easier. Projects Made Easier Decisions Made Easier Business Made Easier

Strategic Solutions that Make Your Work Easier. Projects Made Easier Decisions Made Easier Business Made Easier Strategic Solutions that Make Your Work Easier Projects Made Easier Decisions Made Easier Business Made Easier Have You Outgrown Your Systems? Buyers Say the Partner and the Product are More Important

More information

SALES AND OPERATIONS PLANNING BLUEPRINT BUSINESS VALUE GUIDE

SALES AND OPERATIONS PLANNING BLUEPRINT BUSINESS VALUE GUIDE Business Value Guide SALES AND OPERATIONS PLANNING BLUEPRINT BUSINESS VALUE GUIDE INTRODUCTION What if it were possible to tightly link sales, marketing, supply chain, manufacturing and finance, so that

More information

Three Reasons to Integrate ERP and HCM. White Paper

Three Reasons to Integrate ERP and HCM. White Paper Three Reasons to Integrate ERP and HCM White Paper Table of Contents Three Reasons to Integrate ERP and HCM 3 1. Unified Data Wins 3 Releasing the Power of Unified Data 3 2. Employee-Driven Workflows Matter

More information

About ERP Software Whitepaper

About ERP Software Whitepaper About ERP Software Whitepaper Many people have heard the term ERP used in a conversation but don t fully understand what it means. This whitepaper will provide information about the processes and advantages

More information

The Power Of Real-Time Insight How Better Visibility, Data Analytics, And Reporting Can Optimize Your T&E Spend

The Power Of Real-Time Insight How Better Visibility, Data Analytics, And Reporting Can Optimize Your T&E Spend A Forrester Consulting Thought Leadership Paper Commissioned By Concur May 2014 The Power Of Real-Time Insight How Better Visibility, Data Analytics, And Reporting Can Optimize Your T&E Spend Table Of

More information

RealTests.M2020-615.37questions

RealTests.M2020-615.37questions RealTests.M2020-615.37questions Number: M2020-615 Passing Score: 800 Time Limit: 120 min File Version: 4.5 http://www.gratisexam.com/ M2020-615 IBM Business Analytics Performance Management Sales Mastery

More information

Managing the Multi-Company Corporation

Managing the Multi-Company Corporation Managing the Multi-Company Corporation A White Paper for Today s Growing Businesses 1 Managing the Multi-Company Corporation Executive Summary Managing the books in any company is increasingly challenging

More information

Product Brief. Intacct Financials & Accounting. Intacct General Ledger

Product Brief. Intacct Financials & Accounting. Intacct General Ledger Product Brief Intacct Financials & Accounting Intacct Financials and Accounting includes Intacct General Ledger, Intacct Accounts Receivable, Intacct Accounts Payable, Intacct Cash Management and Intacct

More information

Accounting Best Practices. Part 3 of 3: Accounting and Budgeting. Surveys Results & Recommended Practices

Accounting Best Practices. Part 3 of 3: Accounting and Budgeting. Surveys Results & Recommended Practices Accounting Best Practices Part 3 of 3: Surveys Results & Recommended Practices December 2014 Table of Contents Click on page number to jump to section Executive Summary 3 Introduction 4 Background 5 Month

More information

Data Quality in Retail

Data Quality in Retail SURVEY RESULTS Data Quality in Retail How Data Quality Issues Impact Business Processes and Decisions Across Retail Organizations TRILLIUM SOFTWARE Introduction As consumers share data across multiple

More information

Cloud Computing: What is it? And how can it transform your finance organization?

Cloud Computing: What is it? And how can it transform your finance organization? Cloud Computing: What is it? And how can it transform your finance organization? Agenda Cloud Basics The Strategic Shift for CFOs How the Cloud Enables the Transformation Takeaways 2 3 The Cloud Impacts

More information

HOW CORPORATE CULTURE AFFECTS PERFORMANCE MANAGEMENT

HOW CORPORATE CULTURE AFFECTS PERFORMANCE MANAGEMENT HOW CORPORATE CULTURE AFFECTS PERFORMANCE MANAGEMENT By Raef Lawson, CMA, CPA, CFA; Toby Hatch; and Denis Desroches Every progressive organization needs a management system that enables it to formulate

More information

FINANCIALS CLOUD. Justin Ossola Financial Solutions Consultant Oracle Applications Copyright 2013, Oracle and/or its affiliates. All rights reserved.

FINANCIALS CLOUD. Justin Ossola Financial Solutions Consultant Oracle Applications Copyright 2013, Oracle and/or its affiliates. All rights reserved. FINANCIALS CLOUD 1 Justin Ossola Financial Solutions Consultant Oracle Applications Solutions Consultant ERP/Financials Cloud U.S. Naval Academy (BS); Georgetown University (MBA) ERP Implementation Experience

More information

Software Company Edition

Software Company Edition Software Company Edition NetSuite Software Company Edition offers the industry s first and only: Integrated revenue recognition and advanced billing Role-based, customizable dashboards Integrated CRM,

More information

CUSTOMER-CENTRIC ERP: INTEGRATED SYSTEMS FOR CUSTOMER SATISFACTION

CUSTOMER-CENTRIC ERP: INTEGRATED SYSTEMS FOR CUSTOMER SATISFACTION CUSTOMER-CENTRIC ERP: INTEGRATED SYSTEMS FOR CUSTOMER SATISFACTION December, 2014 Nick Castellina, Research Director, Business Planning & Execution Omer Minkara, Research Director, Contact Center & Customer

More information

t h e H i gh - Tech Sector

t h e H i gh - Tech Sector Global Headquarters: 5 Speen Street Framingham, MA 01701 USA P.508.988.7900 F.508.988.7881 www.manufacturing-insights.com Acceleratin g Business Change Through Next- Generation ERP Call to Action f o r

More information

The State of Manufacturing. A Survey of Key Business Objectives and Challenges among Mid-Market Manufacturing Companies

The State of Manufacturing. A Survey of Key Business Objectives and Challenges among Mid-Market Manufacturing Companies A Survey of Key Business Objectives and Challenges among Mid-Market Manufacturing Companies Table of Contents Executive Summary..................................................... 3 Methodology...........................................................

More information

Rethinking Risk. 5 Barriers To Effective B2B Credit Risk Management And How To Transcend Them

Rethinking Risk. 5 Barriers To Effective B2B Credit Risk Management And How To Transcend Them Commercial Information Solutions Rethinking Risk 5 Barriers To Effective B2B Credit Risk Management And How To Transcend Them A sale isn t complete when the customer says yes to an offer, but rather when

More information

The expression better, faster, cheaper THE BUSINESS CASE FOR PROJECT PORTFOLIO MANAGEMENT

The expression better, faster, cheaper THE BUSINESS CASE FOR PROJECT PORTFOLIO MANAGEMENT Cloud Solutions for IT Management WHITE PAPER THE BUSINESS CASE FOR PROJECT PORTFOLIO MANAGEMENT How Progressive IT Organizations Are Using Hosted Solutions To Deliver On Time, On Budget, On Quota and

More information

SALES EXECUTION TRENDS 2014

SALES EXECUTION TRENDS 2014 SALES EXECUTION TRENDS 2014 Dec 2013 Top Objectives & Challenges Facing Sales Leaders As organizations shift from maintenance mode to growth mode, and from enablement to execution, sales leaders must have

More information

Harnessing the Power of Travel & Entertainment Data. by: Acquis Consulting Group

Harnessing the Power of Travel & Entertainment Data. by: Acquis Consulting Group Harnessing the Power of Travel & Entertainment Data by: Acquis Consulting Group A 2013 Aberdeen study revealed the top T&E challenge that organizations face is poor visibility into travel and expense spend

More information

BUSINESS INTELLIGENCE MATURITY AND THE QUEST FOR BETTER PERFORMANCE

BUSINESS INTELLIGENCE MATURITY AND THE QUEST FOR BETTER PERFORMANCE WHITE PAPER BUSINESS INTELLIGENCE MATURITY AND THE QUEST FOR BETTER PERFORMANCE Why most organizations aren t realizing the full potential of BI and what successful organizations do differently Research

More information

Efficiency, alignment, and insight: Using technology to drive manufacturing improvements

Efficiency, alignment, and insight: Using technology to drive manufacturing improvements Efficiency, alignment, and insight: Using technology to drive manufacturing improvements 1 Regardless of specialty or size, manufacturing companies share common goals: grow business, control costs, and

More information

Turn Your Business Vision into Reality with Microsoft Dynamics SL

Turn Your Business Vision into Reality with Microsoft Dynamics SL Turn Your Business Vision into Reality with Microsoft Dynamics SL You have worked hard to build a vision for your business. With Microsoft Dynamics SL, you can turn that vision into reality with a solution

More information

Microsoft Dynamics ERP. Transform Your Business

Microsoft Dynamics ERP. Transform Your Business Microsoft Dynamics ERP Transform Your Business Embrace Change with Confidence Organizations compete in an environment dramatically shaped by current economic conditions as well as ongoing challenges such

More information

NetSuite OneWorld The World s #1 Cloud ERP for Global Business Management

NetSuite OneWorld The World s #1 Cloud ERP for Global Business Management NetSuite OneWorld The World s #1 Cloud ERP for Global Business Management Data Sheet THE GLOBAL CLOUD ERP Used in 100+ countries Supports 170+ currencies Supports accounting standards across North America,

More information

Manufacturing Industry ERP & Financial Systems Update May 2015

Manufacturing Industry ERP & Financial Systems Update May 2015 Manufacturing Industry ERP & Financial Systems Update May 2015 J. T. Hardy, MBA, CMA Sassan S. Hejazi, Ph.D. #SuperConf15 Agenda - Industry Challenges - Management Imperatives - ERP/Financial System Fundamentals

More information

RESEARCH NOTE NETSUITE S IMPACT ON SOFTWARE COMPANY PERFORMANCE

RESEARCH NOTE NETSUITE S IMPACT ON SOFTWARE COMPANY PERFORMANCE Document K51 RESEARCH NOTE NETSUITE S IMPACT ON SOFTWARE COMPANY PERFORMANCE THE BOTTOM LINE Many software companies invest in NetSuite to help them grow their business while managing IT and administrative

More information

THE REAL ROI MICROSOFT DYNAMICS GP IN THE ENTERPRISE MARKET

THE REAL ROI MICROSOFT DYNAMICS GP IN THE ENTERPRISE MARKET THE REAL ROI MICROSOFT DYNAMICS GP IN THE ENTERPRISE MARKET THE BOTTOM LINE Nucleus found 71 percent of Microsoft Dynamics GP enterprise customers had already achieved a positive ROI from their deployment.

More information

Role of Analytics in Infrastructure Management

Role of Analytics in Infrastructure Management Role of Analytics in Infrastructure Management Contents Overview...3 Consolidation versus Rationalization...5 Charting a Course for Gaining an Understanding...6 Visibility into Your Storage Infrastructure...7

More information

Shifting Gears: Manual to Automatic. Conducted by Oracle and the National Association of State Auditors, Comptrollers and Treasurers

Shifting Gears: Manual to Automatic. Conducted by Oracle and the National Association of State Auditors, Comptrollers and Treasurers August 2012 Shifting Gears: Manual to Automatic Statewide Financial Reporting and Performance Data Analysis Survey Conducted by Oracle and the National Association of State Auditors, Comptrollers and Treasurers

More information

Small and Mid-size Organizations: Making the Technology-Performance Connection in Workforce Management Sponsored by: Kronos, Incorporated

Small and Mid-size Organizations: Making the Technology-Performance Connection in Workforce Management Sponsored by: Kronos, Incorporated Laurie McCabe, Partner Sanjeev Aggarwal, Partner Top Takeaways Small and Mid-size Organizations: Making the Technology-Performance Connection in Sponsored by: Kronos, Incorporated Small and mid-sized organizations

More information

Best Practices for Planning and Budgeting. A white paper prepared by PROPHIX Software October 2006

Best Practices for Planning and Budgeting. A white paper prepared by PROPHIX Software October 2006 A white paper prepared by PROPHIX Software October 2006 Executive Summary The continual changes in the business climate constantly challenge companies to find more effective business practices. However,

More information

Next-Generation Supply Management

Next-Generation Supply Management Cisco Internet Business Solutions Group (IBSG) Cisco IBSG 2012 Cisco and/or its affiliates. All rights reserved. Next-Generation Supply Management Authors Ram Muthukrishnan Kevin Sullivan May 2012 Cisco

More information

Accenture Federal Services. Federal Solutions for Asset Lifecycle Management

Accenture Federal Services. Federal Solutions for Asset Lifecycle Management Accenture Federal Services Federal Solutions for Asset Lifecycle Management Assessing Internal Controls 32 Material Weaknesses: identified in FY12 with deficiencies noted in the management of nearly 75%

More information

NetSuite. The World s #1 Cloud Business Management Suite. Why NetSuite? NETSUITE BENEFITS. Data Sheet. Dramatically Reduces IT Costs

NetSuite. The World s #1 Cloud Business Management Suite. Why NetSuite? NETSUITE BENEFITS. Data Sheet. Dramatically Reduces IT Costs NetSuite The World s #1 Cloud Business Management Suite Data Sheet NETSUITE BENEFITS Benefits experienced by organizations using NetSuite include 1 : Reduced IT costs by 50% or more Accelerated financial

More information

NetSuite CRM+ Powerful CRM That Drives The Complete Customer Lifecycle. Why NetSuite CRM+? NETSUITE BENEFITS. Data Sheet

NetSuite CRM+ Powerful CRM That Drives The Complete Customer Lifecycle. Why NetSuite CRM+? NETSUITE BENEFITS. Data Sheet NetSuite CRM+ Powerful CRM That Drives The Complete Customer Lifecycle Data Sheet NETSUITE BENEFITS Benefits experienced by organizations using NetSuite CRM+ include 1 : Improve sales productivity by 15%

More information

ACL WHITEPAPER. Automating Fraud Detection: The Essential Guide. John Verver, CA, CISA, CMC, Vice President, Product Strategy & Alliances

ACL WHITEPAPER. Automating Fraud Detection: The Essential Guide. John Verver, CA, CISA, CMC, Vice President, Product Strategy & Alliances ACL WHITEPAPER Automating Fraud Detection: The Essential Guide John Verver, CA, CISA, CMC, Vice President, Product Strategy & Alliances Contents EXECUTIVE SUMMARY..................................................................3

More information

ElegantJ BI. White Paper. Achieve a Complete Business Picture with a Business Intelligence (BI) Dashboard

ElegantJ BI. White Paper. Achieve a Complete Business Picture with a Business Intelligence (BI) Dashboard ElegantJ BI White Paper Achieve a Complete Business Picture with a Business Intelligence (BI) Dashboard Integrated Business Intelligence and Reporting for Performance Management, Operational Business Intelligence

More information

Sage ERP I White Paper. Four Ways Integrated CRM-ERP Solutions Improve Productivity

Sage ERP I White Paper. Four Ways Integrated CRM-ERP Solutions Improve Productivity I White Paper Four Ways Integrated CRM-ERP Solutions Improve Productivity Table of Contents Executive Summary... 3 Organizations Look to Technology to Improve Productivity... 3 The Need to Integrate CRM

More information

Accelerating EPM Deployment

Accelerating EPM Deployment Accelerating EPM Deployment With Planning in the Cloud SUMMARY In today s challenging planning environment, reliance on spreadsheets is woefully inadequate and fraught with peril. Packaged planning and

More information

The Case for Business Analytics in Midsize Firms

The Case for Business Analytics in Midsize Firms The Case for Business Analytics in Midsize Firms Affordable solutions and easy implementation put the transformational power of business analytics within reach of almost any organization Featuring John

More information

Revenue and Sales Reporting (RASR) Business Intelligence Platform

Revenue and Sales Reporting (RASR) Business Intelligence Platform Department of Information Resources Revenue and Sales Reporting (RASR) Business Intelligence Platform NASCIO 2009 Recognition Awards Category: Data, Information and Knowledge Management Executive Summary

More information

Data Analytics Solution for Enterprise Performance Management

Data Analytics Solution for Enterprise Performance Management A Kavaii White Paper http://www.kavaii.com Data Analytics Solution for Enterprise Performance Management Automated. Easy to Use. Quick to Deploy. Kavaii Analytics Team Democratizing Data Analytics & Providing

More information

Greater visibility and better business decisions with Business Intelligence

Greater visibility and better business decisions with Business Intelligence Greater visibility and better business decisions with Business Intelligence 3 Table of contents Introduction 3 Introduction 5 Your challenge: too much data 6 Five key aspects when considering Business

More information

Rethinking Your Finance Functions

Rethinking Your Finance Functions Rethinking Your Finance Functions Budgeting, Planning & Technology BDO Canada Daniel Caringi ( dcaringi@bdo.ca ) September 25th, 2014 A journey of a thousand miles must begin with a single step. - Lao

More information

Sage ERP Solutions I White Paper

Sage ERP Solutions I White Paper I White Paper Do You Need a State-of-the-Art ERP Solution? Complete This Gap Analysis to Find Out www.sageerpsolutions.com Table of Contents Executive Summary... 3 Introduction... 3 The Need for Gap Analysis...

More information

Is business ready to grow? How human capital and talent technology are influencing global business

Is business ready to grow? How human capital and talent technology are influencing global business Is business ready to grow? How human capital and talent technology are influencing global business Unified Human Capital Management and Talent Technology Survey Report August 2011 Contents 1 Key findings

More information

Oracle Cloud: Enterprise Resource Planning

Oracle Cloud: Enterprise Resource Planning Oracle Cloud: Enterprise Resource Planning Rondy Ng Senior Vice President Applications Development Safe Harbor Statement "Safe Harbor" Statement: Statements in this presentation relating to Oracle's future

More information

ebook 4 Steps to Leveraging Supply Chain Data Integration for Actionable Business Intelligence

ebook 4 Steps to Leveraging Supply Chain Data Integration for Actionable Business Intelligence ebook 4 Steps to Leveraging Supply Chain Data Integration for Actionable Business Intelligence Content Introduction 3 Leverage a Metadata Layer to Serve as a Standard Template for Integrating Data from

More information

Infor CloudSuite Business

Infor CloudSuite Business Business Achieve a next-generation business strategy in the cloud Whether you re providing services or moving inventory in your home-town, across the country or around the world with Infor CloudSuite Business,

More information

The business owner s guide for replacing accounting software

The business owner s guide for replacing accounting software The business owner s guide for replacing accounting software Replacing your accounting software is easier and more affordable than you may think. Use this guide to learn about the benefits of a modern

More information

Performance Management Applications. Gain Insight Throughout the Enterprise

Performance Management Applications. Gain Insight Throughout the Enterprise Performance Management Applications Gain Insight Throughout the Enterprise Applications that Span the Enterprise Managers need a consolidated view of their key enterprise metrics and performance indicators

More information

White Paper. An itelligence White Paper SAP Cloud for Sales: An Innovative Approach to Navigating a New Era of Sales Challenges

White Paper. An itelligence White Paper SAP Cloud for Sales: An Innovative Approach to Navigating a New Era of Sales Challenges White Paper An itelligence White Paper SAP Cloud for Sales: An Innovative Approach to Navigating a New Era of Sales Challenges SAP Cloud for Sales: An Innovative Approach to Navigating a New Era of Sales

More information

Cloud creates path to profitability for Australian businesses. A complimentary report from cloud-based business management software provider NetSuite

Cloud creates path to profitability for Australian businesses. A complimentary report from cloud-based business management software provider NetSuite Cloud creates path to profitability for Australian businesses A complimentary report from cloud-based business management software provider NetSuite Introduction Australian businesses are facing a dynamic

More information

Sage X3 for Food & Beverage

Sage X3 for Food & Beverage Sage X3 for Food & Beverage for Food & Beverage Adopt a faster, simpler, more flexible solution with full business and HRM capabilities. Sage X3 provides the next generation of business solutions for your

More information

An Oracle White Paper May 2013. Enterprise Performance Management: Unlocking Business Potential

An Oracle White Paper May 2013. Enterprise Performance Management: Unlocking Business Potential An Oracle White Paper May 2013 Enterprise Performance Management: Unlocking Business Potential Executive Overview... 2 Introduction... 2 Today s Business Challenges... 3 Strategies for Unlocking Business

More information

Outperform Financial Objectives and Enable Regulatory Compliance

Outperform Financial Objectives and Enable Regulatory Compliance SAP Brief Analytics s from SAP SAP s for Enterprise Performance Management Objectives Outperform Financial Objectives and Enable Regulatory Compliance Drive better decisions and streamline the close-to-disclose

More information