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The use of cloud technology in the accounting sector is gaining significant traction with time. The perusal of cloud accounting is in works for businesses of all sizes and walks of the industry. Expanding the cloud market rather rapidly. Many reports have stated that a large chunk of accountants are shifting their businesses to the cloud. Some even quote that it’s as large as 53% of the industry. They’re in unanimity that cloud computing has made their tasks significantly easier. But with the surge in the adoption of the cloud, the challenges concerning security are rising simultaneously. Yes, performance has increased, but it is difficult for smaller firms to find the best QuickBooks cloud hosting plan to suit their business strategy. There is a galore when it comes to options but with those options, the aspect of security and performance has to be given equal attention. Let us now know why security and performance are important factors when it comes to QuickBooks cloud hos...

In today’s regulatory environment, timely, accurate and comprehensive information is more critical than ever. While traditional business intelligence (BI) solutions have dominated the corporate environment based on their ability to quickly query, access and then report on information, they often lack the processes and metrics needed to measure and manage business performance. As a result, business performance management (BPM) solutions are gaining momentum as a more complete way to address the need for financial transparency and provide users with a means to act on information. “Companies are starting to realize that traditional business intelligence is not enough to improve business performance,” said Crispin Read, Chief Marketing Officer at Cartesis, the world’s leading specialist in finance and business performance management software. “BPM solutions are filling this gap, allowing companies to achieve faster, more flexible planning cycles and to gain dee...

Many organizations measure the performance of the organization on efficiency. The field of cost accounting is built around these concepts and principles. The problem is that efficiency is no longer an effective measure of what is happening in the operation of the organization. It is possible to achieve high levels of efficiency and still operate at a loss. Today’s organization requires a different measure – Effectiveness In other words, how effective are the resources being applied to the operation? Efficiency – The ratio of the output to the input of any system – Skillfulness in avoiding wasted time and effort; “she did the work with great efficiency” [ant: inefficiency] Effectiveness: – The ability to identify and do the things that contribute to the organization. – The emphasis of effectiveness is on ‘doing right things’ and not just solely ‘doing things right’ (which is what efficiency is about) Benefits of E...

Most financial executives use some form of rolling forecast to guide their financial planning and budgeting efforts, but do so in rudimentary fashion, employing mostly manual business performance management processes and spreadsheets that inevitably fail to deliver the accuracy and manageability they are seeking. A recent survey of more than 320 senior finance executives in North America and Europe showed that over 68% of companies have developed and deployed rolling forecasts. However, most of these executives still feel they need to improve the accuracy of their financial forecasts as well as the time it takes them to produce these forecasts. The study, conducted in September 2006 by CFO Research Services (Boston, MA) and Cartesis also showed that: Companies need better forecasting methods, which solutions such as Cartesis Business Performance Management software can provide. These solutions allow the expanded use of operational drivers, better what-if scenario creation and increased...

Founded in 1798, The University of Nottingham is a world class university with international reputation for excellent research and teaching performance. Today the university has more than 33000 students studying across its four major campuses in the UK and two international campuses in Malaysia and China. Nottingham University Business School (NUBS) offers one of the world class leading MBA programs which are fully accredited by the Association of MBA (AMBA). The school is a world renowned centre of excellence in research, actively involved in major research areas such as Marketing, Industrial Economics, Human Resource Management, Accounting and Finance. Different types of MBA programs are offered such as the Financial MBA, General MBA, Executive MBA and International MBA. University Ranking Information: NUBS is one of the largest business school in Europe. It is ranked 6th by the 2008 Times Good University Guide (UK). The school has outstanding record in teaching and research. It rece...

Speech Patterns Affect Sales Eastern accents, like those spoken by New Yorkers, are normally a very fast rate of speech. Southern drawl, like those spoken by people from the South, is a much slower rate of speech. And, when you speak with the Midwesterner, the speech pattern is totally different. How do these different accents, speech patterns, and speech rates affect sales and telemarketing efforts? There is a lot of evidence that speech rate and accents affect sales. For years, consultant have tried to analyze how accents and speech rate impact both face to face sales and tele-consulting sales. There is nothing conclusive, but leading sales authorities all agree that accents and speech rates do affect sales performance. Many companies like to hire people with radio voices, hoping that the voice quality will impact sales performance. Many companies do speech test when hiring individuals who will have constant interaction with other people. The “theatrical” voice does appear...