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Redefining Finance: Four priorities for the modern CFOs

Posted by Thai Pham on

In a more digitalised world, the finance leaders are expected to be forward-looking, evolved from their traditional role to provide data-driven analysis and insights. However, in reality, many CFOs still find it is difficult to keep up with the development, and therefore, is unable to deliver deep insights to support the risk management to spot new opportunities, weather economic shocks and volatility.

In July, Workday released its global “Finance Redefined” study, conducted by Longitude, which surveyed more than 670 finance leaders across the Americas, Europe, Asia Pacific, and South Africa to get their vision and strategy on the future of the finance function and finance leadership.

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Topics: CFOs, Financial Accounting Management Software

Infor Query & Analysis: Insight on demand

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Knowing what direction to take in business is essential. Whether it’s acquiring new companies, launching new products, finding new ways to beat the competition, or other avenues of pursuit, it’s important to know where you’re headed and why. That takes real business intelligence and reporting proficiency, so that employees at all levels of your organisation can have immediate access to the information that’s relevant to their roles and tasks to make informed recommendations and strategic decisions.

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Detecting and Preventing Duplicate Invoice Payments

Posted by Thai Pham on

Duplicate invoice payments occur far more frequently than most organisations realise. On average, approximately 0.1% to 0.05% of invoices paid are typically duplicate payments—which for a medium-size organisation with annual costs of $100 million over a three year period, could represent a loss of $300,000.

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Topics: CFOs, Financial Accounting Management Software

Beyond Infor SunSystems 6.3 – Cloud  Security  A.I.  and More

Posted by Thai Pham on

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.

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Topics: CFOs, Financial Accounting Management Software

The Changing Role of CFOs in Digital Transformation

Posted by Thai Pham on

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.

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Topics: CFOs, Financial Accounting Management Software

A General Look at Infor d/EPM Hospitality

Posted by Thai Pham on

Infor is a leading provider of business application software with more than 73,000 customers, recognised for providing specific functionality to the hospitality industry, speeding up deployment through built-in reports, graphs and key performance indicators (KPIs). At HITEC 2015, this business application giant announced the great effort and plans for its hospitality division.

In particular, Infor d/EPM for Hospitality is designed with the advanced functionality to help implement and facilitate analysis. Another great feature is Office Plus which integrates directly with Microsoft Excel.

That’s the reason why there is no surprise that some of Infor d/EPM for Hospitality's famous clients include Wyndham Hotel Group, Kempinski Hotels, Auberge Resorts, Intrawest Resorts and Hard Rock International.

Read more: Automating financial forecasting for hotels with cloud-based systems

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Topics: Business Intelligence

Emerging Technology Trends at Google I/O 2018

Posted by Thai Pham on

Over the past 10 years, thousands of developers have flocked to Mountain View, California, to learn about the latest innovations and announcements from the software giant at the Google I/O conference (short for input/output in terms of web development).

More than 7,000 people attended Google's three-day conference this year (from 8th to 10th May) and were provided with a comprehensive picture of Google's upcoming developments. This 2018 event has confirmed some technology trends which are expected to be widespread in the near future.

Read more: Why Google says no to job interviews

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Topics: Technology trends, Cloud Computing

Digital Transformation: The Samsung Cloud Print Case Study

Posted by Thai Pham on

As Samsung is popular for their reputation of having quality and innovative products, this has put a great pressure on the company to continuously churn out impressive, “never before” products and services, and to continue remaining on top. And one of the most successful solutions is to leverage expertise and technologies from AWS (Amazon Web Services).

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Topics: Cloud Computing

Why keeping a tight control of SG&A expenses may backfire

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Companies that are constantly trying to cut down on selling, general and administrative expenses (SG&A) may actually hurt their long-term competitive position. This perspective is highlighted in a recent study by the consulting firm CEB.

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Topics: Financial Accounting Management Software

ASEAN IT Trends 2017 Review - Cloud Computing, IoT and More

Posted by Thai Pham on

The 2017 IT Priorities survey by TechTarget asked more than 1,000 CIOs and other tech leaders in the Asia-Pacific region about their companies’ key IT projects in this year. Data analytics, IT automation, and Internet of Things (IoT) are the top IT priorities for ASEAN companies. Another noteworthy trend is the accelerated adoption of cloud services at the expense of spending on other IT areas like maintenance and human resources.

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Topics: Cloud Computing

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