Finance’s E-Value Proposition

Topics:
Strategic Management Tools,
Strategy Formulation
Tags:
Finance,
Financial Accounting
Source:
Penton Media

FREE Registration is required

Overview: With the electronic tools and services available these days, the finance function can automate just about every task it has traditionally performed. Taking advantage of technology enables finance to complete non-value-added tasks fast, freeing up staff time for analytical pursuits. When planning the automation of finance processes, businesses need to consider several issues. For one, data that will be imported into a central software package from disparate systems will need to be checked for accuracy and consistency. Businesses can also reduce the time employees spend on non-value-added tasks by automating their relationships with companies they use as outsourcers. Thus, automation of finance functions may mean different things to different people, but most finance managers agree that its ultimate goal is to give the department's personnel more time to do the kinds of things they want to do. Today's finance department really does have the tools for transforming itself into a strategic professional-services firm within its organization.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: HTML | Date: Mar 2001 | Pages: 3

Top results from Strategic Management Tools

White Paper Activity-Based Costing and the Enterprise Cost Management Solution
White Paper Benchmarking Value2
White Paper Getting the Most Out of ERP Applications
White Paper Analysis Of Quantitative, Empirical Data
White Paper Strategy and Preparation: Critical Success Factors

» View all Strategic Management Tools listings

Top results from Strategy Formulation

White Paper Scorecards and Dashboards – More Than Just Technology
White Paper Keeping Fit: The Liz Claiborne Story
White Paper Accumulated Pension Collars: A Market Approach to Reducing the Risk of Investment-Based Social Security Reform
Case Study The Market for Catastrophe Risk
White Paper Are Your Subsidiaries Ready to be Sold?

» View all Strategy Formulation listings

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this directory, you become a member of BNET. In addition, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a directory registrant, you will receive a complimentary subscription to the BNET member newsletter, The BNET Report. You can unsubscribe from this newsletter at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).