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5 Questions to Ask Before an ERP Upgrade

Posted by Tim Hird on Jan 26, 2015 11:36:21 AM

Robert-Half-Management-Resources-blog-questions-erp-upgradeEnterprise resource planning (ERP) is by far the most commonly used financial system in North America. More than three-quarters (78 percent) of U.S. organizations and 90 percent in Canada rely on an ERP system as their primary financial system, according to Benchmarking the Accounting & Finance Function from Robert Half and Financial Executives Research Foundation (FERF).

Popular and integral though they may be, upgrading these tools can cause headaches for finance executives and their staff. Often this is due to companies failing to ask themselves and their staff essential questions before choosing and designing the system

Before you invest a cent in an ERP upgrade, ask these five critical questions. 

Topics: Management Advice, Financial Systems, Benchmarking, Financial Executives Research Foundation, ERP

2015 Finance Priorities Survey: Trying Hard to Be Soft

Posted by Ryan Senter on Jan 22, 2015 12:58:52 PM

FERF-Protiviti-2015-Finance-Priorities-SurveyFor finance functions in organizations across the country, the frequency and intensity of business challenges are at an all-time high.

As busy as finance functions are, it is essential that they tackle these tasks in an intelligent and focused manner. The results of the 2015 Finance Priorities Survey from the Financial Executives Research Foundation and Protiviti show where the best minds are directing their attention.

In addition to the core business priorities of effective cash management, business intelligence and analysis, and forecasting, finance functions are investing significant effort in assembling talent with new skill sets. Specifically they are placing unprecedented priority on "soft skills" – such as communication, collaboration and team building – because of a growing realization that, in an increasingly agile and mobile marketplace, such skills are just as vital as technical skills for success.

Topics: Industry Trends, Finance, Protiviti, Financial Executives Research Foundation, Soft Skills

5 Tips for Navigating Today’s Internal Audit Job Market

Posted by Robert Half Management Resources on Jan 21, 2015 3:44:00 PM

Robert-Half-Management-Resources-blog-internal-audit-job-marketAs businesses respond to heavy regulatory pressures, demand for compliance, risk management and internal audit services is growing. This is clearly good news for internal auditors, including those with audit consulting experience.

Here are five tips for maximizing the benefits of a favorable market for audit jobs.

Topics: Career Advice, Consultants, Audit, Compliance, Soft Skills, Paul McDonald, Nontechnical Skills, Job Search, Consulting, Business Analytics, Compensation, Richard Chambers, Hiring Trends, CPA, CIA, CISA

4 Public Accounting Hiring and Salary Trends to Know

Posted by Robert Half Management Resources on Jan 20, 2015 3:47:57 PM

Robert-Half-Management-Resources-blog-public-accounting-hiring-salary-trendsAs public accounting firms usher in the new year, many executives are eager to see what 2015 has in store — especially when it comes to hiring and compensation trends. The 2015 Salary Guide from Robert Half includes projected accountant salary ranges as well as a discussion of the hiring outlook.

Here are four major trends noted in this year’s guide.

Topics: Salary Guide, Industry Trends, Compensation, Hiring Trends, Public Accounting

Your First ERP Implementation

Posted by Irene Hackett on Jan 15, 2015 9:18:34 AM

RHMR_0115_IMG_Blog-Jan15-ERP_NAM_ENGNothing is certain except for death and taxes…and going through at least one ERP implementation!

Picture this: You’ve just come from a staff meeting where there was much “to-do” about management’s announcement the company is moving forward with an enterprise resource planning (ERP) implementation. As you walk back to your cubicle, you feel excited about the opportunity to learn a new, cutting-edge software, but you are still left with one big concern: "How will my day-to-day work flow change, and what will be expected of me?"

Having been a business process owner and a “super user” during a few ERP implementations, I can share some things I've learned that may help you prepare for what’s to come.

Topics: Business Systems, Financial Systems, ERP, Consulting

Why Regulatory Compliance Training Is a Must-Have for Your Team

Posted by Robert Half Management Resources on Jan 14, 2015 3:56:00 PM

Robert-Half-Management-Resources-blog-regulatory-compliance-trainingWhen CFOs in a Robert Half Management Resources survey were asked whether managing their compliance initiatives had become more or less challenging, just 9 percent said it had grown easier. From mandates associated with Sarbanes-Oxley to the regulations set forth by the Patient Protection and Affordable Care Act, CFOs are under more regulatory compliance pressure than ever before. 

Given the shifts in regulations today, it’s increasingly difficult for financial executives to keep their teams on the cutting edge of the compliance process. That’s why it’s absolutely essential for CFOs to invest in comprehensive regulatory compliance training for their teams.

Topics: Management Advice, Professional Development, Affordable Care Act, Compliance, Benchmarking, Financial Executives Research Foundation, Paul McDonald, Sarbanes-Oxley

Project Management Success Factors for 2015

Posted by Robert Half Management Resources on Jan 12, 2015 3:52:00 PM

Robert-Half-Management-Resources-blog-project-management-officesAs businesses charge into 2015, project management goals are likely top of mind. With the success of new initiatives often resting on effective practices, project managers need to prepare their organizations and teams to hit the ground running as they launch or advance strategic programs.

Here are factors likely to influence your project management success this year.

Topics: Management Advice, Industry Trends, Project Management Institute, Project Management

8 Ways to Boost Your Finance Function’s Innovation Quotient

Posted by Robert Half Management Resources on Jan 9, 2015 5:32:00 PM

330793963_191d21322c_zIs innovation a strength of your employees? If it is, you’re part of a select group of companies, recent research suggests.

In the Robert Half Management Resources survey, 31 percent of chief financial officers said they consider their staff members very innovative. Most CFOs felt their staff are generally adept in this area but also noted room for improvement.

Following are eight tips to foster a creative work environment and ensure innovation is a strength of your team.

Topics: Management Advice, Leadership, Paul McDonald, CFOs, Innovation, CGMA Magazine

Old-School Tactics That Still Get the Job Done

Posted by Lisa Fulmer on Jan 8, 2015 3:05:11 PM

RH_1114_MSC_RHLogoInComic1_NAM_ENGThe statement “I’ve always done it this way” can sometimes imply a lack of innovation, a bevy of inefficient procedures, or an overall resistance to change. But aren’t there times when working the old-fashioned way (circa 1974 perhaps?) actually might be more effective or productive? Consider these scenarios:

Topics: Career Advice, Leadership, Comic, Randy Glasbergen Comic, Productivity

3 Accounting and Finance Compensation Trends for 2015

Posted by Robert Half Management Resources on Jan 5, 2015 4:54:00 PM

Robert-Half-Management-Resources-blog-compensation-trends-CFOs-2015To attract and retain talented professionals, companies will need to be prepared to up their compensation packages. According to the 2015 Salary Guide from Robert Half, accounting and finance salaries are expected to increase an average of 3.5 percent this year, with even larger jumps for in-demand positions.

Following are three trends shaping the financial compensation outlook this year.

Topics: Salary Guide, Retention, U.S. Bureau of Labor Statistics, Compensation, Occupational Outlook Handbook

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