Every business, regardless of its size and industry, needs to have a financial controls policy in place. Its role is to provide guidance on the keeping of financial accounts and records, payments, ...

One of the main reasons promising startup ideas get abandoned prematurely is because of bad financial management A survey by CB Insights found that 38% of startup failures were attributed to running ...

Budget process evolution and maturity in healthcare organizations traditionally has lagged other industries, where leading-edge and data-driven forecasting approaches are currently evolving. Most ...

The World Bank's definition of a financial management information system, or FMIS, is simply the automation of financial operations. With that definition in mind, there are plenty of database ...

Financial services are ripe for AI transformation, with agentic AI providing particular benefits, especially with governance ...

The Treasury Department building in Washington, D.C. (Getty Images) The Treasury Department is only a few months into the process of drawing up governmentwide standards for core financial management ...

The Communications-Electronics Command Software Engineering Center has successfully streamlined the military's massive year-end financial process, ...

The start of every year is typically marked by New Year resolutions. Individuals are encouraged to reflect on the previous ...

ooner or later, all major business application system projects face a daunting challenge-integrating the processes of organizations that often have vastly different cultures and priorities. Many of ...

In the construction sector, especially in community-focused projects, financial management faces unique obstacles: 1. Budget Overruns: These occur when the actual costs exceed the planned budget.