Tag Archives: Audit & Finance

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 […]

A Step-by-Step Guide to Calculating and Reducing Operating Costs for your Finance Department

Knowing your labor efficiency and your overhead can help you set realistic pricing in your quotes and help you improve your operational efficiency. The first step in calculating costs is to determine the fully burdened labor cost. This is done by calculating the employee salaries inclusive of vacation time, insurance benefits, and taxes. Second, you […]

Advanced Excel® Tips and Tricks for E-Business Suite Users

This session focuses on how Excel can make EBS users more productive and become power-users quickly. Full of tips on using formulas, pivot tables and hyperlinks, Excel helps streamline your reporting and makes your EBS data more accessible. Of course, good data quality, a good chart of accounts design, and configurations that align with your business help you take advantage of the secret weapons that our Excel expert, Tiffany Newkirk, will share in this session. The webinar is not for beginners and focuses on a live demo with real-world examples.

Ace your Audit: Preparing Your Oracle® E-Business Suite for a Financial Audit Webinar

Automation continues to transform whole industries – and finance and audit are no exception. Specific to the financial audit, most of the high-volume, routine, non-judgmental activities in real time are being transformed by software, leaving audit professionals more time to do what they do best: analyze results and make expert judgement calls. This webinar focuses on the framework and standards under which audits are currently conducted, and will showcase real-world examples where automation streamlines workflows to transform the entire audit process.

Cross-Validation Rules: Tips to Optimize your GL

Automation continues to transform whole industries – and finance and audit are no exception. Specific to the financial audit, most of the high-volume, routine, non-judgmental activities in real time are being transformed by software, leaving audit professionals more time to do what they do best: analyze results and make expert judgement calls. This webinar focuses on the framework and standards under which audits are currently conducted, and will showcase real-world examples where automation streamlines workflows to transform the entire audit process.

Bankruptcy Part 2: Recovering

The previous article talked about the types of bankruptcy in the US and the options for restructuring.  This whitepaper elaborates on restructuring in a Chapter 11 scenario.  The initial turnaround plan considers an extensive analysis of what is working, and what is not working.  Essentially, there are five components to this plan:  debt restructuring, organization […]

Bankruptcy Part 1: Getting the Most for Your Shareholders

Bankruptcies occur more often than expected and occur during booming economies as well as recessions. Not only was there a sharp increase in bankruptcy filings during the 2020 pandemic, but also law changes and the recession in 2005 and 2009 led to significant slowdowns and  many companies unable to meet their debt obligations and operating […]

Tips to Ace your Audit

There are ways to leverage Oracle® E-Business Suite to run industry standard audit procedures and proactively identify areas of non-compliance in advance for a smoother audit process. Here are our recommended tips to Ace Your Audit: Know Why Automation is Important: Know how audit automation can facilitate current and future audit frameworks and standards and […]

5 Key Audit Procedures for Rock Solid Trial Balances

Automation continues to transform whole industries – and finance and audit are no exception. Specific to the financial audit, most of the high-volume, routine, non-judgmental activities in real time are being transformed by software, leaving audit professionals more time to do what they do best: analyze results and make expert judgement calls. This webinar focuses on the framework and standards under which audits are currently conducted, and will showcase real-world examples where automation streamlines workflows to transform the entire audit process.