Friday, December 11, 2009

Strategic Finance Function

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Strategic Finance Function

According to the results of a recent study, finance organizations, no matter what their size, are still spending almost two-thirds of their time on transaction processing, to the detriment of more strategic functions such as decision support and management. The study concluded, in part, that the respondents who are able to spend the most time in these critical areas are able to do so because they've reduced their transaction costs; one way they've done that is by implementing a single instance of ERP software and a common chart of accounts.

This paper provides more results from this eye-opening survey of financial officers as well as the implications for all types of organizations.

View this now!

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