Rick Yvanovich/Founder & CEO/
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Investors are usually tempted to skip the seemingly wordy introductory pages as well as footnotes. If the financial statements are all about figures and hard data, these non-financial sections of the corporate report add the “human touch”.
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Reviewing the financial review section of an annual financial report helps to assess various aspects of the business performance and risk from a quantitative perspective. This blog outlines the main questions investors or readers should ask when reading a company’s financial statements.
Annual reports are the only published documents that contain abundant information about a company’s performance. To get the most out of them, investors should have the right skills and knowledge. This blog outlines the basic components of an annual report and how to glance through the document if one has limited time.
The last post pointed out crucial elements needed in a best-in-class financial management solution. Now we are going to discuss two additional factors that are also necessary for businesses to “future-proof” themselves from unexpected changes.
Many companies are finding that a non-ERP financial management framework delivers the strongest capabilities and greatest flexibility. However, it is still a challenge to find a system capable of operating effectively in such a dynamic and complex environment. The criteria below will help you:
Though these strategies inevitably evolve along with technology, companies can easily become locked into systems that are unable to adapt as the business changes and grows. Financial management technology strategies can be classified into the three broad categories.
What makes Infor SunSystems a serious contender in the quest for a best-in-class financial management solution? Below is an excerpt from a TEC blog, where Infor SunSystems product marketing managers Beth Wilson and Tim Truedale answer questions about this product, formerly known as Infor FMS SunSystems Enterprise:
In order to keep up with rapid changes in the business world, these 2 elements have been identified as crucial criteria to assess a change-supportive financial management system. Below is an excerpt from a TEC blog describing Infor SunSystems’ Unified Ledger and Smart Transactions components:
One of the steps in an effective IFRS implementation strategy is to assess the impacts of IFRS on the whole organisation. Reporting and disclosure (e.g., financial statements) are likely to be at the forefront of major changes.
Infor is pleased to announce the general availability of Infor SunSystems Mobile 1.1.0, available for download in the Apple App StoreSM.