Infor SunSystems, among the first Infor’s products hosted in the cloud, is about to have some more major upgrades: smoother integration with other systems, better security, and functional enhancements.
Budgeting is one of the most fundamental business processes. However, there have been controversial views regarding to the true value of budgeting, or what it actually brings to companies in terms of ROI. Some people say that the process can be skipped, some say it plays a considerable role, while others remain sceptical about an objective way to measure the ROI of budgeting.
Contrary to popular belief, Digital Transformation is as much finance-driven as it is technology-driven. In fact, the CFOs’ role and vision in the entire Digital journey are highly critical. A digital CFO will be responsible for the evaluation of the cost-effectiveness and adding value in the digital processes thus helps enlarge the organisation scale.
In the last post, we discussed what aspects businesses must examine in their quest to buy the most suitable accounting software. Now let’s look at the criteria for the solution itself.
In this highly saturated software market, unless the compared solutions are in two completely different leagues, it is often hard to tell which accounting software is better than another, yet somehow the most suitable solution must still be found. Making the right choice can be divided into three aspects: your business, the software, and the software vendor.
The growing complexity of today’s business has forced many companies to rethink the traditional roles of C-level executives. In some cases, the roles of the CFO and the COO are combined. What are the implications of this phenomenon?
Speaking of CFOs, most people would only think of Finance specialists/ officers. However, top CFOs nowadays must go beyond their traditional roles and immerse themselves in the digital world. Technology is getting embedded deeper and deeper in every aspect of business operations, from the manufacturing stage to the financial side of any projects.
Enterprise performance management (EPM), not to be confused with employee performance management, is increasingly popular thanks to technology advancements. The solution provides powerful functionalities with real-time data consolidation, predictive analytics, cloud-based applications, and better yet, ease of use.
Electronic invoicing (e-invoicing) is the transmission, reception, and processing of digital transactional documents between suppliers and buyers. A true e-invoicing method should be entirely electronic in such a way that data from the supplier can be integrated directly into the buyer’s system.