Any Excuse Will Do

Just as you set goals for yourself with regard to networking contacts, job leads answered, or telephone calls made, set a goal for the making of new friends. After you have found some folks who provide you with an initial sense of success, build on those friendships. (Alas, you may have to go first several times, even with the same friend.)

The only time “any excuse will do” is unacceptable is when it comes to giving up.

Finance 360 Degree Insight Survey

EPM Channel recently completed a 360 degree survey of the Finance function in both large- and mid-sized companies, with 40% of the respondents coming from marketing, operations, and other non-finance fields. This 360 degree view enabled analysts who worked on the survey to compare the responses of both finance and non-finance professionals in order to…

Finance. Turbocharged.

Only 5% of respondents say their Finance organization is delivering Game Changing Value today? What’s that about? Please visit http://www.apqc.org/knowledge-base/documents/financial-planning-and-analysis-urgent-need-new-skills-2012-october-fm-comm to receive (free) access to the October 17 presentation. A new research paper prepared by APQC and EPM Channel argues that CFOs must now double-down on their investments in finance team training and development. The sense of urgency stems…

What’s the Biggest Barrier Finance Needs to Overcome?

Only 5% of respondents say their Finance organization is delivering Game Changing Value today? But, 42% say there’s potential to deliver game-changing value. What’s that about? Find out.  www2.apqc.org/l/4922/2012-09-19/bb7f9 A study conducted by APQC and EPM Channel argues that CFOs must now double-down on their investments in finance team training and development. The sense of urgency stems…

Can Finance Have a Seat at the Strategy Table? Not Without Change, New Survey Reveals.

A NEW CFO PRIORITY: TALENT DEVELOPMENT WITH A FOCUS ON SOFT SKILLS In previous years, the finance function sat mostly on its own and “crunched the numbers” without having much input into daily operations or long term strategy. However, the finance role has evolved to one that needs to provide sharp and meaningful analyses to…

The 10 Most Important Numbers In The World

The discoveries of certain constant numbers have pushed the world forward as much as the the light bulb or the assembly line.

These constants have led to bridges being built, finances being accounted for, and th completion of many other significant and necessary tasks throughout history.

There are many important numbers that have made this world what it currently is. But the following 10 are the most important numbers, or constants, in the entire world.

Is Your PO Process Costing You Precious Marketing Dollars?

Marketing regularly loses a portion of its budget to an insidious financial management process known as “Open PO Reconciliation.” It’s not unusual to see b-to-b organizations lose 5 percent or more of their budgets to the reconciliation monster. However, with just a bit more attention to detail and building a good relationship with the finance team, this money can be recovered and utilized.

Here’s what happens in many organizations: In order to purchase something, a marketer must first open a purchase order (PO). Essentially what then happens is that the marketer estimates the cost of the purchase and opens a PO in that amount. This causes funds to be committed and set aside. What could go wrong with that? Keep reading.

Survey Results: Bankers Say “Wrong-Doing is Necessary”

In a survey of 500 senior executives in the United States and the UK, 26 percent of respondents said they had observed or had firsthand knowledge of wrongdoing in the workplace, while 24 percent said they believed financial services professionals may need to engage in unethical or illegal conduct to be successful.

Sixteen percent of respondents said they would commit insider trading if they could get away with it, according to Labaton Sucharow. And 30 percent said their compensation plans created pressure to compromise ethical standards or violate the law.