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It’s easy for the financial planning and analysis (FP&A) process to get bogged down by an endless cycle of spreadsheets, outdated software tools and paper. Financial models wind up distributed across multiple spreadsheets, forecasts are both time-consuming and...
Staying on top of everything related to your business is really hard work, as you have to stay one step ahead of everything. One small miscalculation can throw a wrench in your operations and cause losses. This is particularly true when it comes to finances and...
Effective inventory management is more than a matter of convenience; it’s a critical component of running a successful business. It helps streamline operations, enhance customer satisfaction, maintain sustainable growth, and maintain competitiveness in today’s...
Tasked with creating the budgets, forecasts and analysis that support major corporate decisions, financial planning & analysis (FP&A) teams have a lot on their plates right now. Forecasts aren’t easy to nail down, economic and global uncertainty still lingers...
Manually entering data into your enterprise resource planning (ERP) system from bank statements is a time-consuming, error-prone task. It consumes resources that could be allocated to more strategic, valuable activities, and any discrepancies have to then be fixed...
Here are seven excellent reasons to replace your data silos with a unified ERP that integrates with a broad range of third-party applications. For many organizations, the dreaded data silo is something that adds more time to repetitive tasks, costs money, divides...
Older legacy, monolithic enterprise resource planning (ERP) platforms are notoriously bad at connecting and collaborating with third-party applications. Many organizations still rely on these legacy platforms, which lack most of the modern bells and whistles that a...
Governance, risk and compliance (GRC) controls protect stakeholder interests, minimize organizational risk, improve decision-making and instill confidence in outside lenders and investors. Collectively, the term refers to a company’ strategy for handling...
Governance, risk, and compliance (GRC) play pivotal roles in ensuring the long term financial health of any organization. NetSuite, a leading provider of cloud-based ERP solutions, goes beyond traditional financial management to address the intricate aspects of GRC....
When external or internal auditors examine and evaluate a company’s financial statements to ensure that those records are up to date and error-free, it can send terror into the hearts of CFOs, controllers and accounting teams. A necessary part of running a successful...