Insightful » inventory reconciliation http://blog.insightsoftware.com The "Getting What You Need Out of Your ERP" Blog Tue, 17 Jan 2012 21:51:05 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Reconciliations: It Doesn’t Have to be This Way! http://blog.insightsoftware.com/2010/07/reconciliations-it-doesnt-have-to-be-this-way/ http://blog.insightsoftware.com/2010/07/reconciliations-it-doesnt-have-to-be-this-way/#comments Thu, 15 Jul 2010 18:30:33 +0000 ryan.alford http://blog.insightsoftware.com/?p=156 Check out InsightSoftware.com’s cartoon about JD Edwards reconciliations:

http://www.youtube.com/insightsoftware#p/a/u/0/RspO90mFy8w

Stay tuned for more in the series.  Let us know what you think!

The star!

R

Author: ryan.alford

Ryan is the Internet Marketing Manager for InsightSoftware.com.
]]> http://blog.insightsoftware.com/2010/07/reconciliations-it-doesnt-have-to-be-this-way/feed/ 0 Reconciling the Accounts in JD Edwards Doesn’t Have to Be Painful! http://blog.insightsoftware.com/2010/07/reconciling-the-accounts-in-jd-edwards-doesnt-have-to-be-painful/ http://blog.insightsoftware.com/2010/07/reconciling-the-accounts-in-jd-edwards-doesnt-have-to-be-painful/#comments Mon, 12 Jul 2010 17:27:37 +0000 ryan.alford http://blog.insightsoftware.com/?p=154 A company’s financial prowess and compliance go hand-in-hand. Without proper insight and strategic oversight of the business, many of today’s top global companies are missing a large piece of the financial puzzle.

CFOs should maintain the perfect balance between strategy, planning, forecasting, budgeting, reporting, and analysis. This is more simplified (and cost-effective) by having an automated process for account reconciliation.  Without a monitoring system in place, performance improvements will be limited.

In a research report called “How to improve reconciliation activities,” published by PriceWaterhouseCoopers, many “account reconciliation problems are preventable. Timing, is also frequently an issue: account reconciliations that are in arrears more than one month risk misstatement of the financial results. Depending on the level of risk, perform reconciliations daily, weekly, monthly, or quarterly.”

Curious to know what to do about reconciliation problems in JD Edwards? Implement automation that recognizes reconciling items and streamlines the review process.

Read more: http://www.insightsoftware.com/docs/E-Book_-_Insight_Reconciler.pdf.

R

Author: ryan.alford

Ryan is the Internet Marketing Manager for InsightSoftware.com.
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