With today's financial crisis, CFOs are always looking for ways to improve productivity by implementing new technology systems that increase revenue and decrease spending. "IT Best Practices for Financial Managers" addresses specific phases of implementation, such as scoping, planning, designing, and deploying. It will also address the roles and responsibilities of the CFO to enhance security, controls, and privacy. Its coverage of important issues, such as the significance of the people aspects of financial system implementations will help CFOs ensure that financial systems are implemented on time and on budget.
Ch. 1 The information technology planning process 3
Ch. 2 ERP software selection 25
Ch. 3 The software implementation process 35
Ch. 4 Critical success factors for IT implementations 59
Ch. 5 Steering clear of a "crisis in confidence" and other people pitfalls 71
Ch. 6 Objectives and scope of implementing automated financial systems 91
Ch. 7 Shared services and financial systems 109
Ch. 8 Globalization trends in offshore information technology 119
Ch. 9 Security, controls, and privacy 127
Ch. 10 What is IFRS and why is it relevant to the CFO now? 139
Ch. 11 The phenomenon of software as a service 169
Ch. 12 Investing in product information management 175
Ch. 13 E-commerce 183
Ch. 14 ERP : an evolving process 193
Ch. 15 Key IT-related questions every financial executive should consider during a merger, acquisition, or divestiture 201
Ch. 16 The importance of IT due diligence during a merger or acquisition 209
Ch. 17 Ways to enhance IT-related synergy capture during a merger, acquisition, or divestiture 221
Ch. 18 Ways to reduce IT-related costs during a merger, acquisition, or divestiture 237
Ch. 19 Effective approaches for managing IT during a merger, acquisition, or divestiture 269
Ch. 20 Ways to use mergers, acquisitions, or divestitures to build sustainable information technology value 279
Ch. 21 Time-tested approaches to maintaining data integrity during a merger, acquisition, or divestiture