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Finance Transformation

Business Architecture in Financial Services

By: A Staff Writer

Date: Jun 11, 2023

The Concept of Business Architecture Business Architecture is an essential discipline that offers a holistic, blueprint-like understanding of an organization. It includes a comprehensive analysis of the organization's structure, policies, information systems, goals, and operations. By integrating these elem...

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CFO Challenges

By: A Staff Writer

Date: May 30, 2023

The Chief Financial Officer (CFO) role in large enterprises has undergone a significant transformation over the years. Traditionally, the CFO was primarily viewed as the organization's financial steward, tasked with preserving assets, maintaining accurate records, and ensuring compliance. However, the...

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Finance Capabilities

By: Ciopages Staff Writer

Date: Nov 25, 2018

What are Finance Capabilities? Finance capabilities are an abstraction of what accounting and finance function does and can do.  We are using the term “Finance Capabilities” to represent the construct of business capabilities – as in the world of business architecture.  The finance capabili...

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Changing Role of the CFO

By: Ciopages Staff Writer

Date: Nov 01, 2017

The changing role of the CFO is the talk of the financial circles.  Challenges galore by way of increased regulation, fast-moving, and ever-shifting business landscape, and hyper-competition. The rest of the C-Suite is relying on the CFO's office to provide the business vitals to make data-driv...

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Finance Transformation PPTs

By: Ciopages Staff Writer

Date: Sep 25, 2017

If you are looking for Finance Transformation PPT (Powerpoint) decks, you have come to the right place. CIOPages.com Accounting and Finance Transformation Toolkit offers several customizable presentations, deliverables, and templates that encompass various facets of finance transformation prog...

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Finance Business Requirements: Compiling the transformation change needs

By: Ciopages Staff Writer

Date: Sep 25, 2017

Finance Business Requirements is a compilation of a list of accounting and finance needs to enable strategy, structure, process and technology transformation of finance and accounting functions.  As expectations from accounting and finance functions grow exponentially, companies of various size...

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Finance Transformation Outcomes

By: Ciopages Staff Writer

Date: Sep 21, 2017

Talking with Global 2000 CFOs and other business/technology leaders about transforming the finance organization, here are the typical finance transformation outcomes enterprises are striving towards. There is nothing highfalutin there, but the simple finance transformation outcomes sought by fi...

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Finance Transformation Process

By: Ciopages Staff Writer

Date: Sep 20, 2017

Finance transformation process is an encapsulation of the depth and breadth of effort required to successfully transform accounting and finance functions to excel in the digital age. The finance transformation process is complex, arduous, and costly. All the steps in the finance transformation...

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Finance Transformation

By: Ciopages Staff Writer

Date: Sep 18, 2017

Finance transformation (or more broadly finance and accounting transformation) is not a nip and tuck, but an invasive surgery to remake the accounting and finance function. The finance transformation encompasses finance strategy to finance operating model, from an efficient finance service delivery to fostering rich e...

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Finance Transformation Innovation Agenda

By: Ciopages Staff Writer

Date: Sep 18, 2017

The role of accounting and finance is changing and here are the finance transformation innovation agenda items that should be on top of minds of many CFOs (Chief Financial Officers). To innovate and reinvent the finance and accounting function CFOs and finance leaders must rethink the structure, ro...

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Finance Transformation Framework

By: Ciopages Staff Writer

Date: Mar 04, 2017

CIOPages.com Accounting and Finance Transformation Framework is a simple and cohesive approach to planning and executing a fundamental shift in how finance and accounting work. Before we dissect the components of the Accounting and Finance Transformation Framework briefly, please also note that...

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Accounting and Finance Transformation Drivers

By: Ciopages Staff Writer

Date: Mar 04, 2017

What are the internal challenges which act as a clear and compelling set of Accounting and Finance Transformation Drivers? Here is an extensive list of such internal accounting and finance transformation drivers. Of course, not all the things apply to every company that is in the throes of turmoil...

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Accounting and Finance Transformation Vision

By: Ciopages Staff Writer

Date: Mar 04, 2017

The accounting and finance transformation vision is a fundamental rethinking and reimagination of the finance function to support the modern business environment powered by digital technologies. The era of finance being a purely back office function is history. Today, the accounting and finance ...

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The Top Ten Accounting and Finance Transformation Drivers

By: Ciopages Staff Writer

Date: Mar 04, 2017

Let’s look at some key external Accounting and Finance Transformation Drivers. Today, the function of finance is in the throes of significant internal and external pressures. Understanding the external drivers necessitating finance and accounting transformation will help companies frame the context of...

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Finance Transformation Goals

By: Ciopages Staff Writer

Date: Mar 04, 2017

What are your firm’s Accounting and Finance Transformation Goals and Objectives? How do you actually determine what are the right finance transformation goals and objectives to target while considering a critical change program? As for typical goals and objectives to consider and include as...

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Accounting and Finance Transformation Roadmap

By: Ciopages Staff Writer

Date: Feb 27, 2017

What is an Accounting and Finance Transformation Roadmap? An Accounting and Finance Transformation Roadmap is a compass to get your enterprise from the point of departure to the point of arrival, by taking a set of actions, activities and achieving some outcomes, in a planned sequence. Accounting a...

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Redesigning Finance for Regulatory Framework

By: Ciopages Staff Writer

Date: Feb 21, 2017

Redesigning Finance for Regulatory Framework is a big consideration for many CFOs. Over the past few years, it has become increasingly apparent that increased regulation is directly impacting the finance and accounting function of large companies, if not downright impeding it. Such organizations have h...

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Finance and Accounting Transformation Factors

By: Ciopages Staff Writer

Date: Feb 21, 2017

Finance and Accounting Transformation Factors outline the factors that make F&A re-engineering and re-architecting a strategic imperative. Finance and Accounting Transformation is no longer an option, but has become an inevitable consequence dynamic markets, the advent of digital solutions, regul...

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Finance SAAS Software Platforms

By: Ciopages Staff Writer

Date: Feb 21, 2017

Finance SAAS Software Platforms are the new wave of ERP systems that companies the world over are embracing to power their accounting and finance functions. To satisfy a pressing need for transformation of the finance function, a new wave of finance systems, like NetSuite and Workday, which ar...

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Finance Transformation Approach

By: Ciopages Staff Writer

Date: Feb 21, 2017

Accounting and Finance Transformation Approach: As the economic climate continues to evolve and expand and become dynamic, so does the need for finance and accounting transformation. Accenture estimates tremendous cost savings and efficiency gains. When embarking on an Accounting and Finance Transformation, it is of the utmost importance that CFOs stick to a strict implementation strategy to help ensure the...

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Finance Software Implementation Considerations

By: Ciopages Staff Writer

Date: Oct 29, 2016

Accounting and Finance Software Implementation Considerations:  As your company implements new accounting and finance software, it embarks on a transformation that goes beyond the software itself. This sort of organizational shift comes with an array of implementation challenges and failure risks, but if ...

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Finance Software Technology Trends

By: Ciopages Staff Writer

Date: Oct 15, 2016

Finance Software Technology Trends: The future of finance and accounting is going to be significantly affected by finance software technology trends and where the platforms evolve towards. The implications of these technology trends are significant. With ever-increasing demands on the finance func...

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Finance Transformation Rationale

By: Ciopages Staff Writer

Date: Oct 14, 2016

Accounting and Finance Transformation Rationale What factors and facts are the basis for the finance transformation rationale? What will necessitate a systems replacement and process re-engineering? Finance and Accounting function is a cornerstone of your business operations. How do you know if...

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