Author Archives: jasmin jayme

Financial Reporting Solution for the 2019 Accounting Standard Update

By now you must have heard of FASB – 842. This is the latest accounting standard update that is now implemented by publicly held companies while privately held ones still have until December 15, 2019 to comply. As with any … Read More

5 Questions You Need to Ask to Improve your Management Reports

Like any finance professional, as you read this article you probably are very busy either doing your year end audit or preparing requested management reports. As you may also be aware of, the relevance and usefulness of these management reports … Read More

How to Avoid Mistakes in Financial Reporting

There are a lot of challenges facing financial reporting professionals – change in accounting standards, political volatility, trade rows, emergence of new and more aggressive competitions are but a few. The year has just started and to help those whose … Read More

Reporting and Budgeting as a Service for a Faster Close in 2019

For two decades now, Epicor Financial Planner (EFP) has been helping businesses extract critical business insights from their data. EFP rises to the challenge of most companies which is to support the aggressive and global nature of business growth while … Read More

EFP Beyond Just Financial Budget Planning

It is no secret that EFP is a robust tool for income statements, balance sheets, and for cash flow statements. However, for those that are not aware – there is more to Epicor Financial Planner than meets the eye. Most … Read More

“I have an ERP System. Why do I still need EFP?”

We get asked the question every now and then why EFP is still needed when their ERP system can consolidate their financial data, automate entries, and perform reconciliations. True enough, ERP systems have a way of consolidating financial master data … Read More

The Next Recession is just around the corner: Is your business ready?

It has been 10 years since the financial crisis in 2008. We have been enjoying an environment of low interest rates and high economic growth. However, speculations are rife that the next recession is just around the corner. Some economists … Read More

6 Tips on How to NOT get lost in the Process of Financial Automation

Businesses must weather through market volatility and changing business models these days and more than that for a business to stay ahead, transformation must happen. How things are done in the finance department has not changed much in the last … Read More

Epicor´s Integrated Cloud-based Accounting Automation

If your business is still spending a significant number of hours manually tracking your financial planning & analysis (FP&A) processes, it is perhaps time to rethink your ways and your use of technology. Spending too much staff time on menial … Read More

Real-time Reporting in Epicor Financial Planner

When talking about financial reporting, we look at two things. One is what is ideal and two is what the reality is. For all companies, the vision is that financial reporting must be simple, easy-to-understand, and visual. Ideally, it should … Read More