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  • 6 Financial Planning and Analysis Challenges for CFOs

    By on April 27, 2020

    Financial Planning and Analysis (FP&A) is becoming increasingly important as as more data becomes available and companies seek to unlock its value with analysis, but there are still challenges to overcome. One of the main challenges is that decision-makers don’t trust the underlying data that is powering their analytical...

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  • How to Maintain Business Continuity: 5 Key Strategies

    By on April 17, 2020

    With the current situation, organizations all over the world are looking for ways to mitigate the disruption and keep things as operational as possible. In this blog, we’ll discuss some strategies companies can look into to maintain business continuity. What is business continuity? According to Techtarget, business continuity is...

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  • 7 Benefits of IoT-Enabled Hospital Asset Tracking

    By on April 13, 2020

    One common assumption is that healthcare providers are laggards when it comes to IoT adoption. However, a recent Gartner survey of healthcare CIOs says otherwise. Healthcare CIOs have firmly embedded IoT into their operations, for both clinical care delivery and business processes. The definition of IoT has expanded to...

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  • 5 Benefits of Accurate Demand Forecasting in Manufacturing

    By on April 7, 2020

    Demand variability is common in many manufacturing industries. Many companies therefore carry high levels of inventory due to the difficulties in adjusting work schedules when demand increases. For example, manufacturers would like to know how much of each SKU should be loaded into each truck for the following day....

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  • Using Data and Analytics for Business Continuity Planning

    By on April 2, 2020

    The global outbreak of COVID-19 is a crisis that could impact business models and disrupt business continuity of companies around the globe. Data and analytics leaders can contribute by using the tools at their disposal to build resilience against external events such as the COVID-19 pandemic. Steps data and...

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  • Account Reconciliation Best Practices for a Faster Financial Close

    By on March 26, 2020

    Finance leaders in most organizations are under increasing pressure to transform and streamline their financial close and reporting activities while continuing to maintain the integrity of the financial statements and the financial close process. A key aspect of the financial close process includes the completion of detailed account reconciliations,...

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  • CEMLI Remediation First: The Best R12.2 Upgrade Approach

    By on March 24, 2020

    This blog talks about a different approach to your normal 12.1 to 12.2 upgrade, one that puts CEMLI Remediation first. Some Context on Oracle EBS The end of support for EBS 12.1.3 is just around the corner (December 2021) and companies that haven’t taken the next steps in their...

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  • 9 Best Practices for Fraud Risk Management

    By on March 20, 2020

    On average, organizations lose 5 percent of their annual revenue to fraud each year, according to a report from the Association of Certified Fraud Examiners (ACFE). Common risk management practices are often insufficient when it comes to preventing fraud. As a result, companies are turning to fraud risk management...

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  • Digital Adoption in Digital Transformations

    By on March 20, 2020

    Ensuring digital adoption in digital transformation is critical for transformation efforts to deliver the expected outcomes. With the goal of being future-ready and more competitive, many organizations are currently planning or undergoing digital transformation projects. Research shows that more than 70% of digital transformations fail, one of the common...

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  • How Important is CRM Integration?

    By on March 5, 2020

    To understand the importance of CRM integration, we first need to talk about the role of CRM software within a company. A CRM (Customer Relationship Management) system is a strategic tool that, companies across various industries, should leverage in order to better understand who their customers are and how...

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