Every year around this time we start drawing up lists, making personal inventories, and resolving to do better in the coming year. But the truth is that very few of us achieve the laundry list of goals laid down in the typical New Year’s resolution. To err, after all, is only human. But Trintech’s Unity [...]
Archive for the ‘Risk Management’ Category
The 7 Golden Rules of Balance Sheet Certification
Competitive businesses are constantly trying to improve on productivity, demanding more and more value from their employees, processes and technology. Trintech’s new best practices guide to balance sheet certification can help.
Finance is Ch-Ch-Ch-Ch-Changing with the Times
CFO’s are concerned about change. And they should be: recent financial crises have spawned a growing number of complicated financial regulations. With the globalization of finance highlighting the need for uniformity in information, change is practically being forced upon the Office of Finance. Software vendors have taken notice. Recent years have seen a proliferation of [...]
It’s The Process, Stupid!
Software makers, like any business, are always on the hunt for new markets. Where a large enough problem exists, there are probably several automated software packages to solve for that problem. And financial governance is one huge problem facing many finance managers. But in the rush to comply with what can seem like an overwhelming [...]
The 7 Habits of Highly Effective Balance Sheet Reconciliation
Account reconciliation is an underappreciated control, one which has become increasingly important with the advent of Sarbanes-Oxley (SOX). In the past, when inconsistencies were discovered, a Staff Member could simply create an adjusting entry to ensure that the company financials were accurate. But section 404 of SOX requires a whole new level of diligence. In [...]
PCI-DSS: What the Chief Compliance Officer Needs to Know
If you’ve tried to consolidate your merchant banking relationships recently, you’ll understand the importance of PCI-DSS, the Payment Card Industry Data Security Standard which regulates how businesses must handle customer credit card data to ensure the privacy of cardholders. Most banks are now charging higher rates to customers who don’t comply with PCI-DSS, and some [...]

