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July 2004 Edition

This month's BizNet Brief focuses on the strategic role finance plays in helping mid-market companies improve business performance.  The articles below examine how newer technologies help finance improve the ability of decision-makers to understand and manage the business.

New Article by BizNet Software CEO George McMann

The CFO's Challenge: Become a Strategic Weapon for the CEO
What do CEOs want from their CFOs?  How is the CFO's role changing?  What are the unique strategic challenges facing mid-market companies?

Mr. McMann examines how the CFO plays a critical role in making better use of resources and technologies to fulfill corporate strategies.  The low cost and ease-of-use of new analytical applications makes it possible for the mid-market CFO to do more and go beyond spreadsheets.

Articles from Across the Internet

"Building World-Class Finance and Performance Management Capabilities" (Accenture)

Creating value demands a vision, and keen insight into what is best for your business.  In this whitepaper by Accenture, finance and performance management specialists share their thoughts on achieving high-performance through effective business performance management.

"How to Improve Performance Management" (CFO.com)

In a research report entitled, "What CFOs Want from Performance Management Services," CFO Research Services uncovered 4 important steps for a successful BPM implementation after the right technology was selected.

1. Identify the Right Metrics to Monitor

2. Overcome Cultural Inertia

3. Consider Process Changes Before Technology Changes

4. Demonstrate Finance Benefits

"Best of Breed Software" (Business Finance Magazine)

Best-of-Breed versus ERP?  It's a tough question for a business person to answer.  Business Finance Magazine examines the issues finance executives should consider, and provides a comprehensive list of vendors for future reference.