Shared services raise the efficiency of the finance function

Shared services consolidate business operations that are used by multiple parts of the same organisation. In the finance function, basic accounting processes like accounts payable, payroll and purchasing are often allocated under the shared services model. This allows the organisation’s core finance and accounting (F&A) operations to concentrate on more strategic work, such as financial […]
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Enhancing your business value with Epicor for manufacturing

Over the past few years, customer and market trends had been affected by global disruptions causing manufacturers to reconsider their approach to success and to maximise ROI. These factors have driven change and have created the need for manufacturing companies to transform their operations to stay aligned with their markets. This constant challenge has caused […]
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Elevating manufacturing to make, move and sell more with a trusted ERP partner

"Economic uncertainty and unreliable supply chains presented challenges for manufacturing leaders trying to anticipate demand, maintain supply, and prioritise fulfilment," Lisa Pope, Epicor President. "Organisations turned to ERP business solutions to gain the insight and capabilities they needed to succeed with fast-paced change." In a survey of 1,350 technology decision-makers, only a minority of SMBs […]
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True impact of failed payments

The global economy runs on efficient cross-border account-to-account (A2A) payments, and yet the average global straight-through processing (STP) rate is as little as 26% according to LexisNexis® Risk Solutions recent study into the True Impact of Failed Payments. Deteriorating macroeconomic conditions and rising inflation pressures leave little room for payments failures, costly errors and operational […]
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Twelve keys to financial operations excellence

Unprecedented demand for finance and accounting leaders to be more strategic in a period of historic business uncertainty, together with today’s workforce demanding more rewarding work and flexibility, is putting unsustainable pressure on people, processes, and technology. Financial Operations Management (FOM) is the emergence of technology with solutions built on platforms that bring achieving financial […]
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F&A’s role in responding to instability and volatility

Finance and Accounting (F&A) have a reputation for remaining calm and pragmatic in a crisis. Most F&A professionals have worked through at least one recession and numerous peaks and troughs in company business cycles. Still, few will have experienced the bigger economic, business, and geo-political challenges we are experiencing today. The invasion of Ukraine has […]
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C-Suite Survey: ESG progress report for Hong Kong in 2022

Environmental, social and governance (ESG) issues have moved beyond conversations at executive gatherings to one where industry bodies and regulators are issuing guidelines for compliance and metrics for ensuring adherence. To this effect, Boards at corporate have no choice but to make ESG and sustainability goals imperatives that business leaders must plan for and execute […]
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Must-have skills for tomorrow's growth today

With just months to the end of 2022, businesses are gaining a clearer view of the road ahead.  For many, this means a renewed appetite for organic, acquisitive, or international growth and a sharper focus on bolstering the balance sheet. Within this context, F&A and finance leaders are playing an increasingly critical role – providing […]
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