The digitalization of tax and operational transfer pricing processes can have a huge impact on a multinational company’s ability to efficiently forecast and report its tax liability.
Fast and clean. These two words define the ideal financial close process. This standard is held up as a measure of a finance or accounting department’s effectiveness. Companies are expected to get the financial close process done within a standard business week. This demonstrates competence, resource efficiency, and good management. An efficient financial consolidation and close process does two vital things.
COVID-19 introduced an unprecedented level of volatility in world markets, and the shockwaves that arrived in its wake exposed a wide chasm between two main types of multinational organizations: Those with agile internal processes and those without. In a world built on complex and globalized supply chains, COVID-19 tested that internal agility, sometimes to breaking point.
Cloud migration is a daunting prospect, especially considering the expense of installation, training and embedded new processes. But the benefits of enhanced functionality, the power of the cloud, and increased ROI are reason enough for organizations across the world to convert every day. Cloud enterprise resource planning (ERP) software is ideal for a variety of applications, including managing multiple departments and CRM integration.
SAP’s library of pre-defined reports for Finance and Controlling (FICO) is great for addressing some of the core tasks associated with finance and accounting. Those reports align well with accounting standards under GAAP and IFRS. Unfortunately, they rarely do a good job of addressing the kind of reporting needed to make informed managerial decisions.
For decades, hundreds of enterprise Oracle ERP customers have taken advantage of the industry-leading capabilities for operational reporting and strategic analytics offered by Angles for Oracle (formerly Noetix.) If your organization is one of those customers, we want to make you aware of some exciting new features recently introduced to the latest platform version that improve agility, collaboration, and integration.
Odds are good that your team already knows that Wands for Oracle puts finance teams in control of their own reporting. Offering purpose-built software that deeply integrates with Oracle E-Business Suite in Excel, Wands gives you quick access to the real-time data you need, when you need it, without relying on IT or resorting to manual data dumps.
Today, we are celebrating two product enhancements suggested by Max Hulten of Planspace that were delivered in the latest version of Bizview. We appreciate Max taking the time to share his ideas with us. Recently, we had the pleasure of speaking with him to learn more about his ideas and why he sees value in providing feedback to insightsoftware. Max Hulten, Planspace Co-Founder and Partner has been working with Bizview since 2015, implementing the product for countless customers.
