Category Archives: Whitepapers

Into the Future (And Back Again)

Designing an accounting flexfield is one of the most difficult processes in an Oracle® implementation. Often, the failure to look far enough ahead during the initial implementation can impede business growth, and certainly makes it difficult to have your data truly ready for a fast-paced future. A “good” chart of accounts has the following criteria: […]

The Importance of Finance Management Systems in Digital Transformation

Navigation in the modern world of global enterprise is often an exercise in duality. While developments in the digital world open doors to value-growth for businesses, they also increase the strain on business leaders to maintain hard-won forward momentum. According to the 2022 PwC Pulse Survey[1], 60% of surveyed C-Level executives reported ‘Digital Transformation’ to […]

Benefits of Integrating RPA into Audit

More and more modern businesses are seeing the benefit in deploying an integration of robotic process automation (RPA) into their organization’s internal audit plan. By embracing the age of automation, businesses can pocket substantial cost-savings and reap organizational benefits in finance departments of all sizes. In leveraging automation and advanced analytics, organizations can garner quality […]

Material Misstatement? or Massive Mistake? Key Questions for Auditors who Discover Potential Fraud

Uncovering alleged fraud or suspicious financial activities within an organization’s financial statement audit is both a nightmare for many (catching management and governance sectors off guard) and a difficult reality for the auditor or auditing teams involved. Auditors define fraud, in the context of a financial audit, as “an intentional act by one or more […]

Inside Out: Back Office Systems Have Become Gateways to the External Community

What used to be considered “back-office” systems are not located in the back of the office anymore. Systems that support a company’s infrastructure for sales, customer service, and supplier relations are front and center customer-, supplier- and employee-facing systems. The heightened importance of the internet to daily business processes requires that a wide variety of […]

Your Competitor’s Spyglass: Data Risks During a Divestiture

Data protection and security protocols have become more robust in the last two decades. This has been driven both by increasing incidents of data breaches – statutorily acts such as the EU General Data Protection Regulation (GDPR), the Gramm-Leach- Bliley Act, Health Information Technology for Economic and Clinical Health (HITEVH) Act, Health Insurance Portability and […]

Preparing for Tomorrow’s Market

Preparing for Tomorrow’s Market There are few constants in this world. The way in which a company does business is not one of them. Instead, companies must actively adapt to change within the marketplace; and, as the international landscape continues to grow smaller due to advances in technology, businesses realize the importance of operating on […]

The Roadmap to Synergy

Companies evolve. While everyone’s story is unique—growth from regional to national or international, mergers and acquisitions, diversification of business lines and product offerings, and disparate regulatory environments—many of these business and regulatory drivers lead companies to have disparate data and localized operations. Whatever the cause, these fragmented environments can inhibit business agility and stunt performance […]

Time to Grow, Part 2: Improving Back-office Productivity with One Simple Fix to Oracle® E-Business Suite

In Time to Grow Part I we reviewed some of the conditions that would indicate that organizations can improve the productivity of back-office services by consolidating Oracle® E-Business Suite (EBS) instances and establishing shared services organizations for finance, accounting, payables, receivables, and purchasing.  Although the cost savings may be significant, the undertaking may be daunting for some […]

Time to Grow, Part 1: Questions CFO’s Can Ask About Their Oracle® E-Business Suite Systems

  The economy has begun to show signs of recovery.  Companies are reporting stronger earnings. Except for what might have been a technical or systemic anomaly, stock indices are on the rise.  Unemployment claims are dropping and jobs are slowly being created. Companies that have been hanging on to cash are in a good position […]