As a financial services or insurance executive, you are operating in a period of unprecedented change. Regulatory changes like Basel 2, Solvency 11, Dodd Frank, and new international accounting standards such as IFRS Insurance Phase 11 suggest that you will have a full plate for quite some time to come. Many factors impact your ability to effectively manage change, but chief among them is your financial management system. You may be saddled with a system that is inflexible, inefficient, and unable to manage the complex and dynamic environment in which you operate. Discover the common pitfalls of evaluating financial management software and the five key requirements for your finance system.
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