Published By: Prophix
Published Date: May 31, 2016
Prophix develops Corporate Performance Management (CPM) software that companies use primarily to manage processes in the finance department, streamlining budgeting, planning, financial reporting and consolidation, and scorecarding.
Published By: Prophix
Published Date: May 31, 2016
For over 25 years, Prophix has served as a valuable partner to professionals in corporate Finance departments around the globe. In so doing, Prophix has continuously developed, tested, and refined technology solutions that help companies become more profitable, more efficient, and more future-ready.
The financial system you are running today can probably
trace its heritage back to the ‘80s and ‘90s. Since
then, the needs of finance organisations have changed
dramatically, but financial systems have failed to adapt at
the core. Built to serve only the most basic requirements,
these systems weren’t designed to meet the needs of
today’s finance organisation. With CFOs today facing
requirements very different from those they faced just a
decade ago, Workday believes that finance organisations
need applications built from the ground up based on
today’s needs – not yesterday’s. They need modern
Workday Financials is the only financial management
solution designed in the past ten years that incorporates
the latest technologies, functionality, and design ethics
at the core to address what modern finance
We discuss six key capabilities that separate Workday
Financial Management from old-world business apps.
Published By: Anaplan
Published Date: Mar 05, 2015
Financial consolidation systems are the ‘engine room’ of the corporate finance department, enabling companies of all sizes to comply with regulatory reporting requirements, company law and global accounting standards as well satisfy management’s need for periodic management reporting.
But all is not well with standalone consolidations applications that were developed in the 1990’s and which are still commonplace in some of the world’s largest multinationals.
According to one recent report, 47 percent of companies have made substantial investments in the last year in their financial close, filing, and reporting. Yet, despite the considerable sums
of money invested in the process, management teams across the globe remain dissatisfied with the quality and timeliness of management information.
Published By: Workday
Published Date: Mar 02, 2018
How does Patagonia create its enviable culture for 2,500 employees across the world,
achieve a 4 percent corporate turnover, and manage to provide on-site childcare?
We sat down with Dean Carter, Patagonia’s head of Shared Services for Finance, HR, and Legal, to find
out what life is like at the “un-company” and learn Patagonia’s secret for HR success.
Published By: Anaplan
Published Date: Apr 06, 2016
A Harvard Business Review Analytics Services White Paper
Finance is constantly tested to keep pace in today’s business environment. To keep up, planning needs to become a continuous process that spans departmental boundaries and enables managers to collectively realign resources to respond to market changes.
Organizations must streamline disparate sales and operational planning with traditional financial planning and analysis by using technology to connect people, data, and processes across the organization.
Download this white paper to discover the three steps to moving towards finance-led integrated business planning recommended by the Harvard Business Review.
Cloud financial corporate performance management solutions help the office of finance manage the financial close and apply appropriate controls throughout the accounting cycle. Application leaders should use this Magic Quadrant to identify vendors that are a good match for their business needs.
The 2017 Gartner Magic Quadrant for Strategic CPM solutions provides valuable insights into the latest market trends, the current Leaders, and key vendor evaluation criteria.
Download the Gartner report to learn:
Why cloud has become the preferred deployment model
Who the key vendors are and how they compare
Why mega vendors no longer dominate the market
Best practices in evaluating and selecting a vendor
Published By: Polycom
Published Date: Mar 13, 2015
United Bank for Africa (UBA) Group is one of Africa’s leading financial institutions offering banking services to more than seven million customers via 750 branches in 18 African countries. With further offices in New York, London and Paris, UBA is connecting people and businesses across the world through retail and corporate banking, innovative cross-border payments, trade finance and investment banking.
Over the past three years, UBA had undergone a period of rapid expansion that had seen affiliate banks in 16 African countries come on board. This expansion has naturally put the group’s communication infrastructure under pressure.
Published By: Prophix
Published Date: Apr 24, 2013
Built for non-IT professionals, this white paper explains the differences between Business Intelligence (BI) and Corporate Performance Management (CPM), two fast-growing forms of software utilized by leading finance departments today.
Published By: CFO.com
Published Date: Sep 21, 2011
CFO magazine explored trends in the procurement of technology, financial services and other services by U.S. corporations. The study, "The Senior Finance Team and Corporate Purchasing Decisions: Product and Service Investment Plans, Vendor Selection Process, and the Impact of Media on the Decision Making Process" identifies the extent and types of purchases that companies will make, the role of the finance team in corporate purchasing decisions, the criteria used for vendor selection, and the trends and influence of various types of media on vendor choices.
To identify the strategic priorities of CFOs and senior finance professionals over the next two years, The Economist Intelligence Unit conducted a survey, commissioned by Coupa, of 507 finance executives across industries and located in the US, UK, France and Germany.
Is your company seeking to incorporate finance as a core line of business? This SAP Executive Insight examines the changing role of the finance organization in today's business environment - and describes how companies can develop best-run finance organizations.
As renowned cost accounting professor Chuck Horngren
notes, corporate finance executives can deliver the greatest
value by establishing the sturdiest foundation of timely, reliable
and relevant facts. This analytical platform ultimately enables
their organization’s most important measures – including
revenue growth, return on invested capital and profit growth as
measured by EBITDA – to outpace the financial outcomes of
the competition. The goal is to support speed and effectiveness
Published By: Comcast
Published Date: May 07, 2018
Companies today are as distributed as their customer base, with branch offices and
satellite locations scattered well beyond traditional boundaries. For many, these
distributed sites are the face of the company to the customer, with most—if not all—
customer interactions occurring in these locations and not in the corporate headquarters.
Banks and finance centers, retail stores and even urgent care centers all fit within the category
of the branch office, with each location connected to the corporate headquarters and, increasingly
each other. Together, they make up the distributed enterprise. However, each location is
its own entity and must be able to operate independently of headquarters to ensure business
can continue even if one or other locations experience technical issues.
Distributed locations, therefore, must be equipped to handle all manner of customer interactions
– and evolving customer expectations—and do so in a way that anticipates what the customers
want next. From pers
What Distinguishes Strategic CFOs? What are their secrets? Why do CEOs consider their guidance so critical? How do they provide critical insight that enhances strategic planning and decision-making? Find out how strategic CFOs set themselves apart from the rest... and apply their secrets to your financial organization.
Analysis on the key challenges, developments, and innovations affecting corporate and business finance. This edition helps you to compare your cost and growth assumptions with peers, establish a finance-friendly corporate culture, develop critical guidance-based skills on your team, mobilize global cash balances, increase the effectiveness of investor targeting, and improve business analytics.
Strategic corporate performance management solutions support the office of finance's efforts to manage organizational performance and strategy. Application leaders should use this Magic Quadrant to identify vendors that are a good match for their business needs.
Strategic Planning Assumptions
By 2020, at least 75% of organizations will seek to improve the accuracy and actionability of financial planning and analysis by using operational data from multiple business domains.
By 2020, at least 25% of organizations will achieve more collaborative, continuous and consistent financial planning and performance management by closely linking key operational and financial planning processes.