Yesterday’s IFRS post was on understanding what it could cost to implement IFRS

http://faoblog.com/ifrs/intro11/

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This is a very nice report I came across from Aberdeen Group:

Discover how Best-in-Class companies…

  • Improve Forecasting
  • Streamline Processes
  • Enable Accurate Planning

Recent Aberdeen research reveals that CFOs strive to maintain real-time visibility to financial data and information through a strategic mix of process innovation and technology implementation. These financial management initiatives encompass the effective management of global transactions and risks, including the streamlining of procure-to-pay and order-to-cash processes, the improvement of financial accounting and reporting, and the improvement of resource management and workforce productivity……

From December 2011 to January 2012, Aberdeen surveyed 200 companies to understand how their respective financial executives support their international expansion initiatives. The study revealed that CFOs strive to maintain real-time visibility to financial data and information through a strategic mix of process innovation and technology implementation. These financial management initiatives include the effective management of global transactions and risks, including the streamlining of procure-to-pay and order-to-cash processes, the improvement of financial accounting and reporting, and the improvement of resource management and workforce productivity. The benefits of these initiatives, in conjunction with tools that enable accurate planning and forecasting, automated financial transactions, and proactive risk management form the strategy that Best-in-Class companies are deploying to succeed in the global environment.

You can download the report from the given link:

http://aberdeen.com/aberdeen-library/7615/RA-risk-change-management.aspx?j=19160963&e=srishtigroup@hotmail.com&l=861030_HTML&u=205391453&mid=65506&jb=0