India Knowledge Process Outsourcing KPO » Account services

Let There Be No Sinking Ships

admin — Tue, 31 Aug 2010 19:17:44 +0000

This week, I am doing some cross-training with my sister, Christine, so that she can handle the accounting while I’m gone. If you’ll remember, I did a post about how my father has set things up so that I can work remotely from Israel, connect to my own computer, and be pretty available, even while being out of the country.

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Let There Be No Sinking Ships

Are webinars in your diary?

admin — Tue, 31 Aug 2010 17:06:25 +0000

We recently released our schedule of webinars for the next few months and it seems to be hitting the right note for many of you. If you’re looking to compare your e-invoicing activities against those of your peers, struggling to manage your balance sheet and bank reconciliations, or due to launch a purchasing card programme, there’s a session coming up just for you. Benchmarking special – How to best solve the freight invoice problem 22 September 2010 e-Invoicing benchmarking special – Compare your performance to world class projects 28 September 2010 Trouble managing balance sheet and bank recs

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Are webinars in your diary?

Resolve Supplier Collaboration Problems with Oracle Supplier MDM

admin — Tue, 31 Aug 2010 13:28:26 +0000

Over the past decade, companies have invested in supply chain management (SCM) software to automate procurement processes, improve delivery times and reduce the cost of doing business. Majority of the Fortune 1,000 (and beyond) have realized dramatic savings by applying strategic sourcing principles to both their indirect and direct expenditures. But despite these gains, companies today face intensifying competitive and global pressures, and are responding by pushing the boundaries of outsourcing and low cost country sourcing in a quest for further cost reduction.

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Resolve Supplier Collaboration Problems with Oracle Supplier MDM

Scope of Social CRM – Demystified Part-I

admin — Mon, 30 Aug 2010 19:46:58 +0000

For the past few months, I have tried to explore Social CRM from various aspects that I feel are important for organization to consider if they are keen on exploring the Social media platform. As I see, the question that is bound to be a part of discussion for any organization wanting to devise a Social CRM strategy would pertain to the opportunities to expand the traditional CRM pillars i.e. Sales, Marketing and Service for Social CRM.

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Scope of Social CRM – Demystified Part-I

How can you make a smart choice by modernizing your existing information delivery?

admin — Fri, 27 Aug 2010 19:48:29 +0000

The constant demand for analytical information, coupled with frequent BI product consolidation has often left organizations wondering if they should retain their existing products and applications or migrate to a new BI/EPM platform. Thus, organizations have a constant pressure to modernize their BI/ EPM tools and technologies at a faster pace while meeting the objective of lowering costs.

Demystifying Legal Entity in Oracle R12 Architecture

admin — Wed, 25 Aug 2010 16:40:07 +0000

Design of the Organization structure is the common issue faced by most business houses. The structure should not only be compliant from legal perspective but should also be effective from operational management and accounting perspective. Legal entity is the crux of the organization structure as this determines the statutory and country specific (local) reporting needs.

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Demystifying Legal Entity in Oracle R12 Architecture

Unemployment and Small Business Financing

admin — Sat, 21 Aug 2010 00:05:00 +0000

Here’s an interesting fact: According to Labor Department statistics released on Wednesday, small businesses with fewer than 50 employees accounted for 61.8% of job losses in the U.S. in the fourth quarter of 2009. That’s according to a Wall Street Journal article , and the number is even more significant when you consider that those same small businesses employ only 29% of all workers.

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Unemployment and Small Business Financing

Have you got the ROI on Oracle BI?

admin — Thu, 19 Aug 2010 15:30:15 +0000

Few weeks back, I witnessed a great debate on significance of measuring ROI on BI projects. There were opposing views being expressed where some argued that measuring ROI may not be possible for every BI project, while others said that establishing ROI is both possible and essential to measure the success of the project. According to me, in majority of cases, it is possible to measure and realize the ROI on the BI projects over a period of time

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Have you got the ROI on Oracle BI?

Big Picture Financial Statement Package

admin — Wed, 18 Aug 2010 18:01:35 +0000

Zoom out and take a top-level view of your company’s financial performance. Ask your bookkeeper to prepare a report package based on these specs: ALL REPORTS Accrual basis Without cents $’s in 1,000′s if monthly sales consistently exceed $100K Negative #s in parenthesis and red Collapsed (versus expanded) Portrait (versus landscape) Fit to one page wide If someone will be crunching the numbers, export the reports to Excel P&L Last five years* + current year through last closed month Display % of Income Columns = year BALANCE SHEET Last five years* + current year through last closed month Columns = year SALES BY CUSTOMER SUMMARY Last five years* + current year through last closed month Columns = year Sort by total sales, descending P&L by CLASS/BUSINESS UNIT (if applicable) Run a report for a period you feel is representative (YTD, last year, last 12 months, etc.) Compared to P&L and Balance Sheet specs above, this is not a time series SALES BY PRODUCT LINE and/or SKU Run a report for a period you feel is representative (YTD, last year, last 12 months, etc.) Compared to P&L and Balance Sheet specs above, this is not a time series A/R AGING SUMMARY as of TODAY A/P AGING SUMMARY as of TODAY * Substitute months or quarters depending on what questions you’re asking. VIDEO ON QUICKBOOKS REPORTING http://www.youtube.com/v/j5zGDZQ2-mU&hl=en_US&fs=1&”%20type=”application/x-shockwave-flash”%20allowscriptaccess=”always”%20allowfullscreen=”true”%20width=”480″%20height=”385″>

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Big Picture Financial Statement Package

Construction Payment Innovation

admin — Fri, 13 Aug 2010 05:08:36 +0000

Construction payment disbursements for payroll, travel, fuel, and entertainment purchases are accounting tasks in every construction firm. A mountain of receipts with handwritten notes arrive in the office, perhaps with a spreadsheet the employee has prepared itemizing the details.

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Construction Payment Innovation