Good Data Stewardship Is Critical for Business Analytics
Our research consistently finds that defects in data are the root cause of a wide range of problems encountered by modern corporations. The magnitude of the problem correlates with the size of the...
View ArticleWhat a Bugatti Can Teach Us About Information Management
One of the community groups to which I donate my time is an organization that puts on a Concours d’Élegance – a vintage car show. Such Concours date back to seventeenth-century France, when wealthy...
View ArticleHewlett Packard Charges Fraud at Autonomy– Lessons Learned?
Many people enjoy mystery stories or crime thrillers; in the same vein of savoring the whodunnit and howdunnit, I like a good accounting scandal. My fascination with cooking the books started when I...
View ArticleEquifax Workforce Solutions for Human Capital Management
Businesses need to simplify HR and compliance processes to save time and reduce risk. Talx, which helps employers address concerns in hiring, pay and compliance, has now assumed the name of its parent...
View ArticleSaving Microseconds with Informatica’s Ultra Messaging
Increasingly, global financial markets compete on speed, so much so that high-speed trading capabilities have become a performance differentiator for the largest financial services firms and some...
View ArticleOffice of Finance Research Agenda for 2013
Businesses always see a lag between when technology makes some advance possible and when a majority of companies actually adopt it. There’s even a longer lag between the emergence of an advance in a...
View ArticleThe Spreadsheet and the Whale
Banking giant JP Morgan raised eyebrows in 2012 when it revealed that it had lost a substantial amount of money because of poorly conceived trades it had made for its own account. The losses raised...
View ArticleVertex Enterprise Advances Tax Management
Taxes – both indirect (sales or value added taxes, for example) and direct (income taxes) – are one the largest expense items on the corporate income statement. In recent years it has become common for...
View ArticleAddressing Key Operational Risk Requirements
I’ve frequently commented on the artificiality of the emerging software category of governance, risk and compliance (GRC). The term is used to a cover a combination of what were once viewed as...
View ArticleSAS Makes Analytics Pay Dividends for Business
I recently attended the annual SAS analyst summit to hear the latest company, product and customer growth news from the multi-billion-dollar analytics software provider. This global giant continues to...
View ArticleSoftware to Fend Off Earnings Restatements
I’m wondering whether the rapid rise in earnings restatements by “accelerated filers” (companies that file their financial statements with the U.S. Securities and Exchange Commission that have a public...
View ArticleSAP’s New Fraud Management Analytical Application
SAP recently announced its new Fraud Management analytic applications. Currently in “controlled” (limited) release, it’s a promising start for the product and a good example of the type of business...
View ArticleHow New Information Technology Will Transform Auditing
A recent news release by Robert Half, a staffing company that specializes in accounting and finance personnel, covered what it sees as the most important attributes required for auditors in the 21st...
View ArticleInfor Demonstrates Steady Stream of Advances to Customers
At this year’s Inforum user group conference, Infor representatives showed the progress the organization has made since last year in transforming itself from a ragbag of mostly small, often obsolete...
View ArticleSoftware Aims To Prevent Foreign Corrupt Practices
In some parts of the world, bribing government officials is still considered a normal cost of doing business. Elsewhere there has been a growing trend over the past 40 years to make it illegal for a...
View ArticleDatawatch Acquires Panopticon for Big Data Discovery and Visualization across...
Business analytics can help organizations use data to find insights that lead to new opportunities and address issues unrecognized before. One player in this market is Datawatch, known for its tools...
View ArticleTransforming Lease Accounting with Better Software
Because of its impact on the Office of Finance, I’ve written in the past aboutthe proposed timeline and IT implications of the convergence of U.S. Generally Accepted Accounting Principles (U.S. GAAP)...
View ArticleVentana Research Technology Innovation Awards Are More Than Cool
In the realm of technology that matters for business and IT, our firm as part of our responsibility continually assesses the latest technology and how it can impact organizations’ efficiency and...
View ArticleVertex Enterprise Helps Tax Departments Increase Effectiveness
Technology for the Office of Finance can have transformative power. Although progress has been slow at times, today’s finance organizations are fundamentally different from those of 50 years ago. For...
View ArticleFinance Can Get a Big Advantage from Big Data
All the hubbub around big data and analytics has many senior finance executives wondering what the big deal is and what they should do about it. It can be especially confusing because much of what’s...
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