carole, Finance Transformation, HP - Finance Transformation, Uncategorized
Don’t you think the automation of financial processes has been largely neglected? It seems to me that there are still too many offices looking like this: or this The good news is that multiple tools can now improve AP processes: ERP, RPA, OCR… and we...
carole, Finance Transformation, HP - Finance Transformation
Not all ERPs offer the same features. Therefore, it’s important to assess your needs, what’s mandatory, nice to have, or not really necessary. 2 companies can generate the same annual revenue, one with one monthly invoice of $1M to one customer, the other...
carole, Finance Transformation, HP - Finance Transformation
FP&A teams are often overwhelmed by operational dashboards and KPIs they must deliver, in addition to the official reporting. But what if… they suddenly stopped sending them? Just stopped, without notifying anyone… This exercise could be extremely...
carole, Finance Transformation, HP - Finance Transformation
Master data is the core data used across your enterprise, for instance: customers, vendors, items, and chart of accounts. They are non-transactional, which means they should not change over a period of time. Everyone agrees that master data is important and should be...
carole, Finance Transformation, HP - Finance Transformation
Collecting money from customers can be challenging. To ensure those sales become cash in the bank, consider the following as it relates to your company’s process: 1. Who are you? First, take the time to observe your business: who are your customers? how many are...
carole, Finance Transformation, HP - Finance Transformation
Cash shortages can be a nightmare for companies and the current “econovid” crisis is making businesses extremely fragile. To ensure the continuity of your business, you must protect yourself against the risk of cash shortages. Here are 5 tips to help you protect your...