You know the phrase, “You can’t see the forest for the trees?” That’s the state you’re in when you are so immersed in small details that you can’t see the whole picture. And when you can’t see the whole picture of your organization, you’re going to miss out on a lot of critical information. If […]
In a previous post we introduced you to the idea that IBM’s Cognos Disclosure Management can improve your CAFR process by: Reducing risk Saving resources Cutting costs Decreasing cycle times Improving organizational insight Now we’re going to explain how Cognos Disclosure Management reduces your risks. Most CAFR producers are stuck using outdated, manual systems to […]
The internal audit process is one of the most critical activities in an organization. Managing risk and ensuring regulatory compliance is incredibly demanding. More and more, the process requires experienced, knowledgeable leaders to direct compliance efforts while ensuring peak efficiency. So we were interested to see CEB, a member-based advisory company that provides advisory services […]
Accounting Web posted an excellent article today highlighting the fact that “nearly two-thirds of finance departments in US companies and one-half in Canadian companies are still using a manual accounting system.” Accounting Web learned this surprising tidbit from the recently published fourth annual report from the Financial Executives Research Foundation (FERF) and Robert Half, Benchmarking […]
