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The Informating Framework - Technology produces more and better data for decision makers but creates a need for better educated and more knowledgeable individuals to put the information in context so that it can be used to improve operations. A psychiatric hospital budget illustrates how the "informating" framework can be used to illuminate and streamline a basic financial process.

Potter, Frank - In: Strategic finance : leadership strategies in … 86 (2005) 7, pp. 24-31

Persistent link: https://www.econbiz.de/10006360161

Features - Event to Knowledge: A New Metric for Finance Department Efficiency - Cisco Systems, which achieved the virtual close, illustrates how leading companies are moving to report financial data as soon as it is generated by the underlying events, thus increasing the value of the finance department and the benefits to all the company's stakeholders.

Potter, Frank - In: Strategic finance : leadership strategies in … 83 (2001) 1, pp. 51-55

Persistent link: https://www.econbiz.de/10006379282

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