April 17, 2012
"Financial Process Analysis and Improvement:
Is There Any Value?"
by Mr. Eric J. Matyac of Experis.
Our IMA Detroit Chapter learned the importance of process design in Mr. Eric J. Matyac’s informative presentation Financial Process Analysis and Improvement: Is There Any Value? Mr. Matyac is the Engagement Manager in Process and System Optimization at Experis.
Our Chapter engaged in a lively discussion on how critical good process design is to improving productivity and error reduction. We learned success requires more than just dedication and hard work. Process design is integral to optimizing organizational performance. We also learned significant cost savings can be realized through effective, team implemented processes.
April’s Chapter meeting proved once again how meaningful attendance, networking and education can be. At the end of our meeting, several attendees announced employment opportunities within their organizations. A couple of our chapter members were directly responsible for hiring and gladly accepted resumes. We hope to hear of more employment opportunities as our economy continues to improve and hope more of you join us.
"Cloud Computing for Financial Management and Accounting Software"
by Mr. Howard Rabotnick, President of Tendras Business Advisors
Our IMA Detroit Chapter was treated to an informative and engaging presentation on cloud computing by Mr. Howard Rabotnick, President of both Tendras Business Advisors and The ERP Team.
Mr. Rabotnick explained exactly what cloud computing was along with the choices available when working in the cloud. We learned how far-reaching the cloud is, impacting us both as consumers and as business people. The cloud can be used anytime and anywhere using a web browser. The different components of the cloud were described in an interesting and understandable way. The cost and benefits (both qualitative and quantitative) of working in the cloud were explored along with overall impacts, such as leveling the playing field for small and mid-sized versus large businesses.
Many organizations find working in the cloud to be far less expensive and far more productive. In addition, Mr. Rabotnick alleviated concerns regarding security, explaining cloud computing is a very secure form of working with and storing data. Each business must compare costs of in-house IT versus cloud computing. If a business decides on the cloud, careful selection and proper implementation of your cloud based solution are essential to success.