With the increasing complexity of business operations, manual consolidation is becoming less feasible and more error-prone. This is where technology comes in. Here, we compare various financial consolidation tools and offer guidance on choosing the right solution for your organisation.
Blog Topics: CFOs, Financial consolidation, planning and reporting, Financial Accounting Management Software
The implementation of IFRS 17 has ushered in a new era for the insurance industry. This comprehensive analysis explores the impacts of IFRS 17 on insurers, focusing on general industry views, product pricing and design, key performance indicators (KPIs), and revenue recognition.
Blog Topics: CFOs, Financial Accounting Management Software
Senior finance executives require a winning combination of agility and control. They need systems that not only capture financial data accurately but also empower strategic decision-making. This is where Infor EPM and Infor SunSystems come together as a dynamic duo, offering a powerful one-two punch for your finance function.
Blog Topics: CFOs, Enterprise Performance Management (EPM), Financial Accounting Management Software
Accurate financial planning and budgeting are no longer optional – they're essential for survival. But with a plethora of planning and budgeting software options available, choosing the right one can feel overwhelming. Fear not, here is a step-by-step guide to navigate the selection process and find the perfect planning and budgeting software for your business!
Blog Topics: CFOs, Enterprise Performance Management (EPM), Financial Accounting Management Software
Planning, Budgeting, and Forecasting (PB&F) is one of the three management processes that constitute Enterprise Performance Management (EPM). We have presented the basic principles of EPM and its other two components in a previous post. In this article, we will dive deeper into the PB&F process and discuss the similarities and differences among financial planning, budgeting, and forecasting.
Blog Topics: Planning and Budgeting, CFOs, Financial consolidation, planning and reporting
The role of CFOs today has evolved significantly, becoming more dynamic and responsive to changing demands from internal stakeholders and external customers. The modern CFO is now involved in strategy creation and business transformation initiatives, acting as a strategic advisor to the CEO and the rest of the C-suite.
Blog Topics: CFOs, Financial Accounting Management Software, Technology trends, Cloud Computing, Infor SunSystems, Digital Transformation
The Sarbanes-Oxley Act of 2002 (or SOX) is a federal law that established stringent auditing and financial regulations for publicly traded corporations.
Blog Topics: CFOs, Financial Accounting Management Software
For many organisations, cloud computing really is the question of “when” not “if”. There are significant advantages of the transition to the cloud, and not just from an IT perspective. The finance functions should be able to reap rewards from this trend as well.
Blog Topics: CFOs, Financial Accounting Management Software, Cloud Computing
How can a hotel chain whose properties are located in many different countries reliably provide its financial professionals with advanced forecasting and reporting capabilities around the clock and across multiple devices? Find out how forcasting in the hospitality industry works with the case of Kempinski Hotels - the Europe’s oldest luxury hotel group.
Blog Topics: Hospitality solutions, CFOs, Enterprise Performance Management (EPM), Financial Accounting Management Software
It is safe to say most businesses would resort to cost cutting initiatives in a time of tight margins and high risks. However, a research by McKinsey shows that only 26% of those cost-reduction programs, still yield effective results after four years. CFOs, therefore, are increasingly turning to zero-based budgeting, ZBB, as a more sustainable approach to cost reduction.
Blog Topics: Planning and Budgeting, CFOs, Financial Accounting Management Software
Rick Yvanovich
/Founder & CEO/
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