by   |    |   2 minutes  |  in Finance

Do you know where every number in your financial reports comes from? One of the underlying requirements of finance is to put controls around the transaction to report processes. This is often referred to as R2R or Record-to-Report. There are all sorts of qualitative measures we can put around reporting (accessible, timely and accurate just…

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by   |    |   2 minutes  |  in Finance

The short answer is – you hope you have some idea! So how are you driving out your corporate risk? No one wants to be in the spotlight like Tesco was last week, announcing that they had overstated profits by £250 million. Without having good risk and governance tools in place, this type of problem…

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by   |    |   2 minutes  |  in Finance

The tailoring of a product to local requirements, by a global (or at least globally aspiring) organization. Glocalization is the tailoring of a product to local requirements, by a global (or at least globally aspiring) organization. Everyone prefers something that has been made especially for you, rather than a copy of what someone else already…

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Types of Data Companies Are Collecting as Big Data

by   |    |   3 minutes  |  in Finance

Analysts like Forrester, Gartner and IDC are predicting that many industries are being fundamentally changed by “Big Data”. The basic idea of the Big Data trend is to employ better tools that analyze information that you already have (e.g. website stats, ERP data) and combine that with additional data that you can get (either free…

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