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Finance Analytics Requires Data Quality

Our research consistently finds that data issues are a root cause of many problems encountered by modern corporations. One of the main causes of bad data is a lack of data stewardship – too often, nobody is responsible for taking care of...

Posted July 6, 2014    

Epicor Faces a Challenging Future

Epicor used its recent user group conference to explain its strategic direction and product roadmap. The company is the result of multiple mergers of business software corporations over the past 15 years; its target customers are midsize companies...

Posted July 2, 2014    

Longview Tax Software Helps Tax Departments Be More Strategic

Longview Solutions has a longstanding presence in the financial performance management (FPM) software market and was rated a Hot vendor in our most recent FPM Value Index. Several years ago it began offering a tax provision and...

Posted June 26, 2014    

SAP Sets Course for Simple ERP

The keynote theme at this year’s Sapphire conference in Orlando was Simple. Top executives from SAP, a software company associated with complexity, stated and restated that its future direction is to simplify all aspects of its products and the ways...

Posted June 23, 2014    

Finance Analytics Require Training to Improve

Analytics has long been a core discipline of Finance, applied to analysis of balance sheets, income statements and cash-flow statements. However, as I’ve noted, most finance departments have not kept up with recent advances. Our recent ...

Posted June 10, 2014    

Requirements for Becoming a Strategic Chief Risk Officer

The proliferation of chief “something” officer (CxO) titles over the past decades recognizes that there’s value in having a single individual focused on a specific critical problem. A CxO position can be strategic or it can be the ultimate middle...

Posted June 6, 2014    

The Virtues of Automating Reconciliation

Reconciling accounts at the end of a period is one of those mundane finance department tasks that are ripe for automation. Reconciliation is the process of comparing account data (at the balance or item level) that exists either in two accounting...

Posted March 31, 2014    

ERP’s Future Is Hybrid Cloud

Information technologists are fond of predictions in which the next big thing quickly and entirely renders the existing thing so completely obsolete that only troglodytes would cling to such outmoded technology. While this vision of IT progress may...

Posted March 25, 2014    

Microsoft Shows Off More than ERP with Dynamics

Convergence is the Microsoft Dynamics business software user group’s meeting. Dynamics’ core applications are mainly in the accounting and ERP category, descendants of products Microsoft acquired: Great Plains (now GP), Solomon (SL),...

Posted March 13, 2014    

The Challenge of Making ERP Systems More Configurable

In the wake of the past year’s usual crop of failed ERP implementations, I’ve read a couple of blogs that bemoan the fact that ERP systems are not nearly as user-friendly or intuitive as the mobile apps that everyone loves. I’ve complained...

Posted February 2, 2014    

Opportunity for the Office of Finance in 2014

Senior finance executives and finance organizations that want to improve their performance must recognize that technology is a key tool for doing high-quality work. To test this premise, imagine how smoothly your company would operate if all of its...

Posted January 15, 2014    

Finance Can Get a Big Advantage from Big Data

All the hubbub around big data and analytics has many senior finance executives wondering what the big deal is and what they should do about it. It can be especially confusing because much of what’s covered and discussed on this topic is geared...

Posted November 18, 2013