CFO Simplified

APRIL 17, 2022

But what is profitability? Profitability is the difference between the amount you sold a product or service for, and what it cost you to buy or create it. Manufacturing variances were caused by a variety of factors, but the summary general ledger (GL) postings didn’t provide an answer. . The importance? Let’s dive in.

General Ledger (GL) 92

General Ledger (GL) Profit and Loss General Ledger CFO 92

CFO Leadership

APRIL 4, 2023

And for years, we’ve seen glimmers of hope both in our personal lives, like when an AI system bested Jeopardy’s grand champs, and in business, like when product searches started actually providing useful suggestions of additional items to buy and good alternatives to the ones in your search. of its model. It’s said that version 4.0

Leadership 98

Leadership CFO Benchmarking Communication 98

PYMNTS

APRIL 8, 2020

With a launch that links enterprise resource planning (ERP) with accounts payable, among other systems, OpenText debuted its new OpenText™ Trading Grid™ The rollout brings together multi-enterprise cloud integration capabilities with data visualization and microservices architecture, according to an announcement.

Accounts Payable 72

Accounts Payable Accounting B2B Manufacturing 72

PYMNTS

JULY 28, 2020

SYSPRO , which works in enterprise resource planning (ERP) solutions, has launched a new payment product that will help businesses get ready for digital B2B payments, according to a press release. Extending an integrated payment processing solution that will save our customers money and resources is just the beginning.”.

Invoicing 56

Invoicing B2B Manufacturing Finance 56

VCFO

MAY 14, 2022

For 25 years, we have worked with more than 5,000 clients, evolving our service offerings and geographical footprint to meet new industry and market needs—expanding what we offer, the value we provide and the way we deliver it. The vcfo team continues to expand with the recent addition of Consulting CFO Elbert Johnson. About vcfo.

CFO 52

CFO Treasury Leadership Cash Management 52

PYMNTS

OCTOBER 10, 2019

Along the manufacturing supply chain, the order to cash cycle can be anything but orderly. That’s because the relationships between manufacturers and their suppliers can span a broad range of payment types and currencies as transactions cross borders. O2C solutions can help manufacturers and buyers navigate credit challenges.

Manufacturing 46

Manufacturing Invoicing eCommerce Compliance 46

Bramasol

DECEMBER 20, 2022

growth in data center systems. As we come to the end of another eventful year, it is a good time to look ahead at the key trends to watch in 2023. The five areas discussed below will be at the forefront for most companies as C-suite leaders look for ways to maximize growth and profitability in the new year and beyond. in the US and 6.6%

SAP 75

SAP Foreign Exchange Economics Budgeting 75

PYMNTS

JANUARY 20, 2021

In " A Look Forward: What Executives Wish for America and the World in 2021, " Frere shares three examples of how embedded B2B finance is already being utilized successfully in today's economy. But that is changing — slowly but surely. Ridesharing is an example we all know well. Apple iTunes is another.

B2C 70

B2C B2B Currencies Invoicing 70

PYMNTS

APRIL 15, 2019

But taking this route places an immense amount of pressure on a supplier to provide an eCommerce experience as good as, if not better, than what Amazon can offer — a tall order, for sure. There are a variety of degrees of willingness to pay, depending on what they’re buying,” he said in a recent interview. Willingness To Pay.

B2B 73

B2B eCommerce Manufacturing Sales 73

PYMNTS

APRIL 16, 2018

trillion worth of sales is expected to pass through B2B eCommerce systems by 2021, according to Forrester research published last June. An estimated $1.2 Analysts are forecasting a rise in B2B buyers seeking products online, with the customer experience the driving factor of growth and success for B2B eCommerce players. B2B is hard.”.

B2C 43

B2C B2B eCommerce Manufacturing 43

PYMNTS

DECEMBER 27, 2018

According to a new report, many businesses are finding that their enterprise resource planning (ERP) systems aren’t up to snuff for leveraging the flood of IoT data. In 2017, 40 percent of IoT decision-makers said their ERP software either hinders or poorly handles IoT data integration. That problem might be growing, too.

Leverage 51

Leverage Securities Transportation Manufacturing 51

CFO Talks

MARCH 2, 2023

It’s an international brand, one of the top manufacturers and suppliers of this equipment, who are your typical clients? It’s an international brand, one of the top manufacturers and suppliers of this equipment, who are your typical clients? Go to www.cfoclub.co.za Go to www.cfoclub.co.za Ehsaan is a Chartered Accountant.

Auditing 98

Auditing CFO IFRS Construction 98

Navigator SAP

JUNE 24, 2022

Legacy software systems no longer make sense for life sciences businesses, especially those in Pharmaceutical manufacturing. When that is lacking, situations arise like what happened recently at Public Health England. This would never have happened if Public Health England had been using an ERP system by SAP.

Pharmaceutical 229

Pharmaceutical SAP Manufacturing Compliance 229

Navigator SAP

MARCH 11, 2022

Three factors play a role in achieving success: innovation (being the first to serve an unmet need), customer service (ensuring that consumers get what they are promised quickly and easily), and efficient processes (staying on top of everything). Why change what isn’t broken? Read on to learn why ERP can improve your bottom line.

Communication 231

Communication Leverage Forecasting Manufacturing 231

PYMNTS

SEPTEMBER 25, 2018

As it turns out, there may be a disconnect between what treasury professionals need in their day-to-day endeavor of cash management and what their service providers think they need. What is billed as “need to have” is perhaps merely “nice to have,” and should be overlaid on some operational foundations that are crucial.

Treasury 55

Treasury Cash Management Securities Prioritization 55

Planful

FEBRUARY 2, 2017

What is EPM? Enterprise performance management (EPM) is a process and software system designed to help organizations (i.e., Enterprise performance management (EPM) is a process and software system designed to help organizations (i.e., But some organizations do this more frequently, such as weekly in retail or CPG manufacturing.

Budgeting 40

Budgeting Forecasting Analyzing Data Finance 40

Future CFO

JULY 13, 2020

The on-going COVID-19 pandemic has irrevocably disrupted the global economy at an unprecedented scale – forcing manufacturing facilities to shut down, grounding thousands of land, air and sea transportation, and compelling companies to adapt work-from-home arrangement when authorities put quarantine measures in place. Jarod Suwahjo.

Planning 52

Planning Finance Manufacturing Advertising 52

Jedox Finance

AUGUST 2, 2022

What is a Tech Refresh? Planning directly in ERP systems quickly gets uncomfortable and functionally limited. The question of all questions when it comes to the digital transformation of your finance department. Table of Contents. The intersection of planning & technology. Long term improvements with a modern solution.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Forecasting Planning 52

CFO Talks

DECEMBER 16, 2021

CIARAN RYAN: Can you kick off and just tell us about Agri Technovation, what it does and just give us a sense of the size. Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations.

Problem Solving 68

Problem Solving CFO Auditing Accounting 68

PYMNTS

JULY 6, 2018

With $10 million in new funding, New York-based Oden Technologies plans to continue focusing research and development efforts for its IoT services geared toward the manufacturing sector. The company noted that software adaptors can aggregate data from companies’ ERP and other software systems to include in its analysis.

B2B 41

B2B Manufacturing Startups Valuation 41

Planful

MAY 24, 2017

Here’s what the panelists had to say about enterprise risk management (ERM), based on their most current experiences. What’s the Right Number of Risks to Focus On? This was the focus of the New Jersey Chapter of the CFO Leadership Council at its May 2017 panel discussion titled “How Much Risk Is in Your Risk Management?”

Risk Management 40

Risk Management Prioritization CFO Leadership 40

Centage

JANUARY 17, 2023

As all business and finance professionals know, there will always be differences in what you plan versus what happens throughout the year. As all business and finance professionals know, there will always be differences in what you plan versus what happens throughout the year.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Planning Forecasting 98

Bramasol

MAY 8, 2023

In this blog post, we are taking a closer look at two important initiatives from SAP with a focus on what they are and how they can help companies optimize their ERP systems and accelerate their business growth. RISE with SAP and SAP GROW are two distinct offerings that serve different purposes as outlined below.

SAP 92

SAP Compliance Construction Auditing 92

CFO Simplified

APRIL 22, 2022

Upgrading simple accounting software to an ERP (Enterprise Resource Planning) system that is going to manage every aspect of the company from operations to accounting and finance, and sometimes even sales and customer relations is no small task. With those failure rates, what are the steps that will assure success?

General Ledger 52

General Ledger Accounts Payable Manufacturing Planning 52

CFO Simplified

APRIL 15, 2022

Knowing the actual cost of production is critical to setting accurate pricing and therefore profitability for any manufacturing company. Their ERP system was a shop floor package designed for the printing industry. The accounting manager cleared out the manufacturing variance account monthly by adjusting it against COGS.

Profit and Loss 52

Profit and Loss Manufacturing CFO Accounts Payable 52

CFO Simplified

NOVEMBER 28, 2022

After all, what’s the big deal? What is the Inventory Value Report? Enterprise resource planning (ERP) is a system that helps businesses track and manage information related to their operations. It’s just a bunch of numbers, right? This includes data on customers, suppliers, inventory, finances, and more.

General Ledger 98

General Ledger CFO Accounts Payable Reconciliations 98

PYMNTS

SEPTEMBER 3, 2019

These claims, also known as chargebacks, bill backs or ship and debit, involve a process whereby a manufacturer approves of a special price agreement with a distributor. Price isn’t everything in B2B commerce, particularly as both buyers’ and suppliers’ need for digitization, automation and integration weigh on both ends of the transaction.

B2B 60

B2B B2C Manufacturing eCommerce 60

CFO Thought Leader

JUNE 4, 2023

Comments Kellenberger: “Because we could see what a product’s margin was from the previous year and compare it to the current one, we could flag low-margin products, consider replacement products with higher margins, and sometimes even sunset certain SKUs.”

CFO 52

CFO Corporate Finance Manufacturing Problem Solving 52

PYMNTS

MARCH 9, 2020

As everyone in the blockchain network has an identical copy of the database, each participant knows with confidence that ‘what I see is what you see.’”. As everyone in the blockchain network has an identical copy of the database, each participant knows with confidence that ‘what I see is what you see.’”. based tech site.

Manufacturing 84

Manufacturing Retail Securities Technology 84

PYMNTS

JANUARY 22, 2019

There is much room for error and mishaps, whether it be a hurricane that affects a manufacturer’s ability to meet an order or a sudden trade dispute. But what if you have thousands of facilities? “They’re collecting all of this data, but don’t know what they can do with it.”

B2B 60

B2B Retail Manufacturing Technology 60

CFO Simplified

APRIL 6, 2022

So we wanted to discuss a little more about it, understand what your opinions are. Uh, so to kick it off, I wanted to understand that in your experience, uh, what have you seen, um, in terms of mid-market companies, uh, reaching out, uh, and following up on their past-due invoices and when do they actually begin planning collections?

CFO 52

CFO Accounting Prioritization Invoicing 52

Onplan

AUGUST 2, 2021

Strategic finance is a way to turn what’s traditionally been a disconnected set of processes and functions into a unified, integrated view of your operational and financial performance that takes the entire organization’s perspective into consideration. . The data from the CRM shows one thing, while finance data from the ERP shows another.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Leverage Reconciliations 52

Onplan

AUGUST 2, 2021

Strategic finance is a way to turn what’s traditionally been a disconnected set of processes and functions into a unified, integrated view of your operational and financial performance that takes the entire organization’s perspective into consideration. . The data from the CRM shows one thing, while finance data from the ERP shows another.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Leverage Reconciliations 52

Jedox Finance

MARCH 7, 2023

Chemical manufacturer plans for any scenario Integrating cross-organizational data 3. Chemical manufacturer plans for any scenario Mitsui Chemicals Europe reaps the benefits of instantaneous best- and worst-case scenario planning , freeing up finance teams to focus on developing valuable strategies to adapt to each scenario.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting SAP 52

PYMNTS

SEPTEMBER 20, 2018

That drive continues: According to Pezold, “most insurance companies have about 110 data points on each person out there, even though we have no idea what they are storing,”. So, what is the deal, really, with multi-variant tokenization? Data is one thing — a valuable commodity that makes information the oil of the digital age.

Retail 51

Retail Compliance Reconciliations Securities 51

PYMNTS

MAY 25, 2018

According to Spear, every transaction between business partners must be integrated into each side’s back-office systems, and companies expect that suppliers will push out data that can be automatically collected and reconciled in accounting, ERP and other systems. No B2B transaction occurs in a vacuum.

B2B 40

B2B eCommerce Accounts Payable B2C 40

PYMNTS

DECEMBER 22, 2016

Automation of business processes can quickly get derailed if the data that a system is working with is incorrect. So, while corporations have taken steps to automate their systems, Brent Halverson, president and CEO of cloud-based business solutions firm ecmarket , says that’s no longer good enough. “We

Accounts Payable 40

Accounts Payable Invoicing B2B Analyzing Data 40