Month: June 2013

Lessons Learned: Before You Sign Off on a New Technology System, Who Will Support It?

Sit half a dozen chief financial officers from large organizations in a room. Ask them to take a deep breath, then say these words: “ERP implementation.” Now run for cover. Despite the backbone utility of enterprise resource planning systems, which seamlessly facilitate the flow of internal and external information between business functions, the significant process changes required… Read more »

Still Not Working

Confronted with shrinking revenue during the Great Recession, many U.S. companies made what seemed to be lasting improvements in their management of working capital. But today it appears that the improvements were simply a short-term fix. That conclusion can be drawn from the findings of the latest working capital survey by REL Consulting. For the… Read more »

Healing the CFO-CIO Rift

Not long ago, CFOs and CIOs were a breed apart. The former thought and talked in the language of dollars and cents; the latter thought and talked in bits and bytes. A conversation between the two was like a bad “speed dating” encounter. This is a bit of an exaggeration, but clearly the relationship between… Read more »