Tag Archives: Data Quality

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.

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.

Losing Control: Controls, Risks, Governance, and Stewardship of Enterprise Data

In large organizations, many different people are responsible for updating, creating, and deleting data in spreadsheets. Each time a spreadsheet is changed, there is a risk of losing the integrity of the data because of the number of cell references and relationships between each data item in the spreadsheet (and among many different spreadsheets). It […]

Characteristics of a World-Class Close

The concept of a world-class close has been around for decades, and with the economy booming, stalling, and then doing who-knows-what in the future, revisiting the elements of an exemplary close can bring unexpected benefits to any organization. Driving toward a world-class close means by definition that IT and Finance will become more flexible, more […]

The Bottom Line – Wheres the Money

Suppliers and consultants regularly make recommendations to their client companies. In many companies, these suppliers of products and services are trusted advisors, often having the responsibility of making a final decision on a project. Even with best intentions, however, the supplier’s decision of what is right for the customer is a difficult decision because there […]

What Workarounds Really Mean

It’s happening company-wide: Different divisions, from accounting to purchasing, are looking to cut down on costs and reduce inefficiencies in an attempt to ride out the latest economic tides. This belt-tightening attitude can be seen in the significant furloughs and lay-offs, and in the aversion companies have toward participating in internal projects that do not […]

Getting the CFO to Pick Up His Bottom Line

In the past, improving business processes was the primary objective of most ERP implementations, and welcome outcomes were cost savings and productivity improvements. When ERP systems were initially implemented, the opportunities and gains in back office operations were considered significant strategic advantages. But although the strategic advantages of having robust ERP systems persist, today’s economy […]

How to Grow Your Business in an Uncertain Economy

Smart business owners know that by planting the right seeds during times of economic uncertainty, their companies can harvest a bumper crop on the other end of the slowdown. Here are a few time-tested perennials sure to reap big rewards. Weed Your Garden This is a good time to focus on your company’s core competencies […]

Functional Capability: An Incomplete Success

How the Implementation of an Enterprise Application Goes from “Finished” to “Done” Enterprise applications must continually evolve in order to support ongoing business changes. Enabling and facilitating those changes so that they can occur with minimal cost and business disruption is the essence of designing for agility. The backbone of potential design agility is most […]