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As ERP systems extend to support expanding operations, it becomes more and more difficult to standardize reporting. One of the biggest problem areas is found in addressing discrepancies between internal and external reporting demands. These difficulties are magnified as companies take on increasingly complex external reporting.
10 Ways CIOs Can Better Control Costs
As a shaky recovery tries desperately to hang on, CIOs are being asked by management to find ways to put a leash on costs. The fear is that the economy will turn sour again, causing a double-dip recession that could have a profound effect on company bottom lines. In fact, Gartner is strongly advising CIOs to prepare now for the next economic downturn. For CIOs, cutting costs is a dangerous game. On one hand, it is quite easy to remove expenses from the books. You can remove applications, ditch hardware, or -- the last resort -- lay off employees. But none of these cost-savings methods are preferred. All will effect productivity, and could potentially have a negative impact on your company's net income. With that in mind, CIOs need to consider the best ways of controlling costs while simultaneously maintaining, or even increasing, profitability. In our competitive worldwide marketplace, that is no mean feat. To help you along, we have compiled the 10 best techniques to control costs through technology initiatives that can also boost revenues.
Study Finds Rate Hikes Will Cost Small Businesses in 2010
BillShrink, a search engine that compares millions of product and service options against consumer needs, released the results of a study showing small business owners could end up paying more than $420 million in incremental finance charges this year because their cards aren't getting the same protections as consumer cards.
Priorities for State CIOs
They're looking for IT tools to keep budgets from going out of control. They want consolidation solutions. And a whole lot more. Every year, the National Association of State Chief Information Officers (NASCIO) surveys state CIOs on the biggest priorities for the year ahead. Here's a countdown of agenda items.
Ann Winblad: VC with a View
Peachtree Goes Vertical with SMB Accounting App
Peachtree by Sage prepares to release its new line of small-business accounting products. New features include online banking and built-in bill pay.
Sybase's Risk Analytics Platform Targets Capital Markets
Driven by the growth in electronic trading, which is characterized by low margins, Sybase has designed its Risk Analytics Platform specifically for supporting trading applications in the capital markets.
Microsoft to Train SMB Accountants
With its Microsoft Professional Accountants Network, the company will offer training, technical support and networking opportunities to accounting professionals who serve the small-business market.
Big Merger Turns NYSE from Prey to Predator
Opinion: The NYSE's merger with Archipelago erodes arugments against the NYSE and positions it to get into options and take a bigger share of ETF transactions.
What Does Reg NMS Mean for Stock Exchanges?
Opinion: A new set of rules passed by the Securities and Exchange Commission will influence IT investment for exchanges and for retail brokers for the next two years, if not longer.
Chicago Mercantile Exchange Enhances Handheld Trading
A software upgrade lets users of the exchange's Galax-C handheld devices trade options on futures for any options contracts currently listed on the exchange's electronic trading platform.
Actuate's Financial Tool Helps to Toe the SarbOx Line
Actuate's financial performance management product brings elements of collaboration, process management and information integration to the business process of financial performance management.
On-Demand Tax Service Integrates with Great Plains 8.0
Avalara's automated jurisdiction research and tax calculation solution AvaTax ST can now integrate with Microsoft's Great Plains 8.0.