Yearly Archives: 2010
3C Software joins ranks of largest software companies
It’s an exciting day around the office as the Software Magazine 500 rankings were released today. For the first time 3C Software has broken into the rankings as the 486th largest software company in the world. Here’s a little bit about the ranking: The Software 500 is a revenue-based ranking of the world’s largest software […]
How have the changes in the world economy affected how your company views cost management?
A recent article published by Jonathan Schiff and Allen Schff discussed the importance of cost leadership to tackle these challenging economic times. Their premise is that “cost leadership is reflected in a culture that, independent of macroeconomic circumstances, pursues a lowcost, high-quality, customer-centric approach to managing the business.” Read the entire article here: https://www.allbusiness.com/economy-economic-indicators/economic-conditions-recession/13422252-1.html How […]
Is your finance role “strategic”?
Alix Stuart of CFO.com asks this question about the role of CFOs in today’s businesses. Do you find that your role has become more or less strategic over time? And, does this change benefit the company? Read all of Alix’s article here: https://www.cfo.com/article.cfm/14449015/c_14452660?f=home_todayinfinance
How has SOX 404 affected your bottom line?
Recently, CFO.com published an arcticle that shared the following fact: “In a study that took nearly two years to complete, the Securities and Exchange Commission concluded what CFOs at small, publicly traded companies have suspected for years: they’ll have to pay a disproportionately higher amount to comply with the internal-controls portions of the Sarbanes-Oxley Act […]
How important is forecasting to the cost accounting function at your company?
Most people associate cost accounting with analyzing past events – calculating actual costs, analyzing yields and variances, and creating reports. More and more, companies are looking for ways to grow their cost accounting function to include predictive analysis to help with decision-making throughout the organization. How has the cost accounting function changed in your company? […]
Does your company use spreadsheets for your budgeting, planning and forecasting processes? Are you satisfied?
BPM Partners recently performed a survey of midsized enterprises to better understand their budgeting, planning and forecasting practices. According to the results, “Of the 138 survey respondents whose primary planning, budgeting and forecasting technology is spreadsheets, only 27% of respondents say their finance staff is “very satisfied,†as compared to 47% of those whose primary […]
Is your company suffering from having too much information and a limited ability to extract relevant data to make smart business decisions?
From “Reaching for Analytics” in Business Finance Magazine: In today’s world of information everywhere, business decision-making is often burdened with too much information. In fact, in a recent IBM Corp. survey of more than 225 business leaders, more than one-third said that they have significant challenges in extracting relevant information, using it predictively, and using […]
Budgeting or Planning – Which is most important for your organization?
Steve Player recently penned the article “Going Beyond the Budget” for Business Finance Magazine, where he opined that companies must move beyond the budget and focus more on planning. His view is that “budgeting is about money, while planning is about things – units sold, headcount required, truckload shipments, and so on. Budgeting sets limits; […]
What is the relationship between finance and technology leaders in your organization?
“CFOs and chief information officers don’t always see eye to eye, even on vital matters like risk management and cost control. But there may be more common ground between them than is typically thought.” This month, David McCann talks about the relationship between CFOs and CIOs and how there is much more common ground than […]