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The BizNet Brief
March 2005 Edition
The BizNet Brief is a monthly e-newsletter that provides the latest articles, commentary and information on Business Performance Management.  Subscribe Here.
 
Featured Article
 
The Fast Lane: How BPM Helps Accelerate Decision Making
Historically, mid-market companies have used their ability to react quicker to customer demands as a competitive advantage over larger corporations. Today's hyper-competitive business environment, ever-changing customer demands, and always present resource constraints are making this harder for mid-market companies. 

This article by Eric Mehringer, BizNet Software's Vice President of Professional Services, explores how a BPM solution can help mid-market companies get back to utilizing one of their greatest assets - speed.
 

Articles from Across the Internet
 
What Users and Prospects Think of BPM
(B-EYE Network)
Survey reveals what the most successful Business Performance Management initiatives have in common.
 
 Closing the Strategy-to-Performance Gap
(CFO.com)
Strategy development outpaces strategy execution, say executives in a new survey. If their companies could become ''very effective'' at executing strategy, they would expect operating profits to improve by an average of 30 percent.
An Interview with Microsoft's CFO
(McKinsey Quarterly - Requires Free Registration)
Microsoft is paying cash to shareholders, stressing transparency in its diverse businesses, and embracing Sarbanes-Oxley. Before announcing his departure in early 2005, CFO John Connors talked with The McKinsey Quarterly about why.
Rethinking (and Re-doing) Financial Consolidation and Reporting (PDF)
(Ventana Research)
Sarbanes-Oxley changes the economics of financial systems.  Ventana Research notes that after initial Sarbanes- Oxley compliance is completed, many companies (one-half to two-thirds) will then need to focus on improving their compliance efficiency. "We think the payoff from increased compliance efficiency can be substantial. Our study found that, on average, public companies expect ongoing Sarbanes-Oxley compliance will occupy about 10% of their finance organization's time. Reducing that number would have meaningful impact on any company's bottom line."

 

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