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, 60% of surveyed C-Level executives reported ‘Digital Transformation’ to […]
Tag Archives: Audit & Finance
Your AP Data is Telling You Something: Five Analytics to Identify Duplicate Payments and Other Irregularities
Patterns exist in your accounts payable data that can indicate overpayments, duplicate payments, or other errors. This webinar will teach you five easy analytics that you can perform using Excel to identify some of these patterns.
New areas of risk and new demands in reporting and stakeholder expectations, require the expertise of a modern internal audit team that evolves year over year. Businesses are responding to this challenge by adopting automation to streamline their workflows and build value. Consider these five elements as you evaluate the integration of automation into your […]
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 […]
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 […]
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.