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This Evaluation Centre provides information on accounting software and financial reporting software:


1. Click on Strategy for an up-to-date overview of the accounting software and financial reporting software market plus briefings from industry experts.


2. Click on Supplier Evaluation for accounting software and financial reporting software Evaluation Reports which have been independently audited and checked for accuracy.
 

3. Click on Implementation for information about the remainder of the software lifecycle including articles by top consultancy firms.


4. Click on Service Centre if you need any other support or information on accounting software and financial reporting software. The Evaluation Centre is here to help.

 

News from Computer Weekly

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Top Business Issues

Finance to the fore

Evaluation Centre's overview of the accounting software and financial reporting software market

...As companies evolve and adapt to remain competitive in today’s global markets, then the finance function is far from immune to re-evaluating its position and role within the organisation. Structural changes being investigated include outsourcing, offshoring and shared service centres in order to cut costs, provide a more responsive and consistent service and to streamline business processes.

The continual requirement to provide enhanced insight into the business’ operations and performance – so that managers can make more effective and better informed decisions – has led the finance function to adopt more sophisticated software tools to improve financial reporting.

In addition, the growth in regulation means systems need to be able to store and retrieve information more effectively so compliance can be easily demonstrated. Other changes in accounting practices, such as IFRS, have also placed ongoing demands on the finance department.

But according to our latest survey, the main business reason for recent developments in accounting and financial systems (cited by 66% of the respondents) is the continual need to change and update business processes and procedures. Other key drivers are the need to improve management information systems (62%), improve customerfocused processes (48%) and the ever-present demand for cost reduction (45%).

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News

Surviving tough times

During an economic slowdown, finance professionals should be wary of arbitrarily cutting costs across the board. Wayne Mincey, Michel Janssen and Erik Dorr of The Hackett Group believe intelligent cost cutting can help minimise any negative impact on the business. 
more >>

White paper: seizing control of corporate spend

“If you don’t determine how much you’re spending by supplier, commodity and business unit, you’re running blind; you have no control over your spending,” says Pierre Mitchell, VP of research at AMR Research. Spend Control addresses functions including spend analysis, procurement cycle automation, approval control, budget checking and commitment accounting, supplier invoice reconciliation and employee expenses. 
more >>

Planning the future

Mark Cracknell of Emcee Consultancy says planning is the new major area of interest amongst accounting professionals. 
more >>

Liverpool hospital goes live with TechnologyOne

Royal Liverpool Children's NHS Trust, one of the largest children's hospitals in Europe, has replaced its existing finance package with general ledger, accounts payable/receivable, purchasing and workflow systems provided by TechnologyOne. 
more >>

Biting the BPM bullet

What does recent consolidation in the business performance management software market mean for CFOs and other finance professionals? Robert Gill of Parson Consulting reports. 
more >>