Integrated Business Planning (IBP) is a new term applied to a longstanding objective: to bring together and improve the accuracy of the disparate strands of forward-looking activities across a corporation in order to foster internal alignment and enhance agility. The goal of IBP is to increase the organization’s financial return and improve its strategic position. Unlike many business and technology three-letter acronyms, IBP means exactly what it says: It’s about planning (not just budgeting) across an entire business (not just one department, business unit or function) in an integrated fashion. IBP incorporates advanced planning techniques, including driver-based planning, rapid planning cycles and rolling-quarters time frames. The paper investigates the planning practices and needs of individuals and organizations as well as the potential benefits from improving their existing processes, information and systems.
Download this white paper to find out how to connect technology to strategies that support the evolution of a CFO to a “wizard”— someone who performs the role of trusted advisor, prophet, sorcerer, and more. Understand how taking a fresh look at current business processes and wisely choosing which ones to improve can ensure an escape from the transaction-focused bean counter role. The 5 strategies include:
Improving visibility and context of the data employees need to succeed
Identifying and resolving a business pain that is reducing profits
Ensuring financial goals and business goals are linked—and attained
Being a watchdog and vocal supporter of projects that support regulatory compliance (IFRS) and technology investment (XBRL)
Empowering the organization: ensuring decisions can be made at the right levels
Explore why these topics are most critical in creating order and direction in a changing and sometimes chaotic business climate, and also which technologies can be most helpful in the CFO’s pursuit of success and impact.
The use of Modeling & Simulation software suggests a cumulative ROI of $3 to $9 for every $1 invested in scientific research. The mechanisms for these gains are:
Increased experimental efficiency leading to the reduction of direct research costs
Efficiency gains leading to broader and deeper exploration of solutions and new products
Financial gains by improving time to market for new products or line extensions
Revenue gains from the rescue of stalled product development projects
Risk management through safety testing and failure analysis
The University of Alaska based in Fairbanks, Alaska, depended on Oracle Query Builder 6i Runtime for daily management reporting against an Oracle 8 database environment. They ran into problems when Oracle stopped supporting both Oracle 8 and Query Builder 6i Runtime.
Today’s volatile business world means more change than ever—especially to the data that drives organizations. Professionals who work with data are under pressure to access and verify its accuracy as quickly as possible.
Download this white paper from Sabrix and Yetter Consulting Services, Inc. to learn how tax authorities are becoming more aggressive in seeking out revenue by targeting out-of-state companies for new sources of tax. Understand how to monitor your business activities as well as how states enforce nexus. Lastly, learn what you can do if you have identified nexus and how outsourced sales & use services can help you with your increased nexus footprint.
This groundbreaking, independent study provides insight into the unique challenges and cost-drivers surrounding tax compliance, as well as interest in new approaches to addressing this perennial obligation. Over 500 mid-market CFOs and senior finance executives were interviewed to provide a snapshot of the current tax compliance landscape.
Has the time come for VAT in the U.S? It is unclear, but one thing IS clear. In health care and tax reform, the conditions have never been more appropriate to consider emulating the successful experience of VAT seen in so many other nations. This article discusses:
Reasons liberals and conservatives have traditionally opposed the idea
How federal budget deficits are driving the conversation around VAT
How VAT might impact tax distribution in the U.S.
Read this thought provoking article from Thomson Reuters tax analyst and VAT specialist, Diogo Denczuk, titled, “Is the U.S. Finally Ready for Value Added Tax?” to learn why VAT may soon happen in the U.S.
Has the time come for VAT in the U.S? It is unclear, but one thing IS clear. In health care and tax reform, the conditions have never been more appropriate to consider emulating the successful experience of VAT seen in so many other nations. This article discusses:
Reasons liberals and conservatives have traditionally opposed the idea
How federal budget deficits are driving the conversation around VAT
How VAT might impact tax distribution in the U.S.
Read this thought provoking article from Thomson Reuters tax analyst and VAT specialist, Diogo Denczuk, titled, “Is the U.S. Finally Ready for Value Added Tax?” to learn why VAT may soon happen in the U.S.
