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Digital Finance Transformation

Digital Finance Transformation

Technologies are advancing at a rate most organizations are not comfortable with. While many customer-facing processes are already digitalized, the same cannot be said for back-office processes, which continue to rely on legacy systems. Moreover, digitalization has reached an extent where it is not just about competition and customer satisfaction any more. There are already …

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1. IFRS Accounting Standard

IFRS Accounting Standard

As the world is gradually turning into a global village, international trade has grown multifold. But as the trading borders continue to widen into the global marketplace, it has become increasingly difficult for companies to present their financial statements according to the reporting standards of each country it transacts in. As a result, IASB (International …

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European Union (EU) General Data Protection Regulation (GDPR)

What is the European Union (EU) General Data Protection Regulation (GDPR)?Europe’s new data privacy and security law includes many pages’ worth of latest requirements for organizations round the world. This GDPR overview will assist you understand the law and determine what parts of it apply to you. IntroductionThe General Data Protection Regulation (GDPR) is the toughest privacy and security law within the world. Though it had been drafted and gone …

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Business Process Management System (BPMS)

Introduction to BPMS Business Process Management System (BPMS) is a systematic approach model that enables companies to operate more efficiently, manage changes and mission-critical business processes as per the proposed requirements that may span across multiple enterprise applications, corporate departments in alignment to the organizational goals. BPMS is usually used for lesser mature processes to …

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