It’s almost June 30. Finance professionals across Australia are starting to prepare their budgets for next financial year.
If you’re in a similar position, I’ll bet you haven’t given much time to reviewing and improving your budget procedures.
At the core of management accounting is the presentation of decision making information. This information is presented in many forms: business cases, costing models, budgets,…
Microsoft has recently announced it will no longer offer budgeting and forecasting module Microsoft Forecaster in Dynamics GP 2016.
When you think of a ball-and-chain, comical images of a prisoner in stripes trapped in a confined space manifest themselves in one’s mind. The ball and chain serves the purpose of holding back the convict, limiting their movement and stifling their progress. Sound familiar?
A corporate finance function plays two distinct key roles in an organisation. The first role is as the external reporter. However, it’s in the second role that common finance team dysfunctions regularly occur.
Raise your hand if you’re an Infor SunSystems customer. Keep it raised if you’re 100 per cent confident that your organisation is getting the most value from its SunSystems investment.
Current SunSystems users may not be aware that they are sitting on an extremely comprehensive reporting, analytical, budgeting and planning capability and potentially not utilising it.
We do a lot of work across the not for profit sector and there is a common pain, a theme to the observations and I think an untapped opportunity to deliver a transformational organisational win.
Last week I spent three days on the Gold Coast at the 2015 CFO Summit. It’s an intense round of presentations and education and I wasn’t alone in getting my thinking reframed.
Most finance teams engage in a regular and elaborate dance known as the period close. This involves the synchronisation of many steps to consolidate, validate and report financial data across the enterprise. The smart CFO strives for a faster and smoother close.