The Messine Institute think tank of finance experts has just published a second report entitled “L’excès d’information financière nuit-il à l’information financière ?” A good question! Is financial information degraded by its sheer...
The Consolidation & Reporting function faces many problems making it difficult to fulfill its prime mission of producing reliable figures and data. The Consolidation & Reporting activity employs processes, an information system (IS) – and men and women – all...
Gartner Magic Quadrant for CPM Suites (Corporate Performance Management) is one of most famous benchmarks in the EPM market, which can help you to better understand the positioning of the different software vendors and find the one that could fit your needs…or to...
According to The DataWarehousing Institude, 76% of poor quality data is due to data entry by the end-users. Shortways presents an Infographic about the usages from finance professionals from french large companies, about the data management of reporting and...
Nowadays the business applications are highly sophisticated with semi-automated data processing systems; however human error continues to be the black sheep of financial reporting quality. According to “The Top Tax & Accounting Mistakes” from...
It is essential for businesses to write Financial Procedures Manuals, although these need to be shared effectivey to get the benefits. The writing of such Manual is essential for: – respecting statutory regulations. Company auditors and internal controls demand...