Author Archives: Denizon Team
Spreadsheet Reporting – No Room in Your Company in an Age of Business Intelligence
It doesn’t take a genius to understand why spreadsheet reporting still pervades the enterprise despite the rise of a complex but highly effective IT solution known to big shot CIOs as Business Intelligence or BI.
Month End Accounting The Way It Should Be Today
Month end accounting has always been a business critical exercise. Without the balance sheet, income statement, and other financial reports this exercise ultimately produces, management could not make informed decisions to keep the company in the right direction and at … Continue reading
Business Turnaround Tip for a Successful MBO Turned Awry
When you acquire a company through an MBO, your hopes are always high. You know the business more than anyone else and you’ve got too much at stake to do a sloppy job. So how could things go wrong? Well … Continue reading
The Better Way of Applying Benford’s Law for Fraud Detection
Applying Benford’s Law on large collections of data is an effective way of detecting fraud. In this article, we’ll introduce you to Benford’s Law, talk about how auditors are employing it in fraud detection, and introduce you to a more … Continue reading
Still Looking For A Way To Consolidate Excel Spreadsheets?
When it’s time to consolidate Excel data, I won’t be surprised if you wished there was an easy way. Continue reading
Can You Do Away With the Project Initiation Meeting?
Project initiation meetings are often skipped to fast-track projects. Once a sponsor is found, organizations go straight to project planning and execution. But based on our own experience, holding a project initiation meeting can actually eliminate many issues that may … Continue reading
Risk Assessment
Risk assessment is a vital component in BC planning. Through risk assessment, your company may determine what vulnerabilities your assets possess. Not only that, you’ll also be able to quantify the loss of value of each asset against a specific threat. Continue reading
Network Security
The easiest way for an external threat to get to your private data is through your network. The easiest way to eliminate that threat? Get your data out of the network. Of course, we know you wouldn’t want to do that. Continue reading
Failure Mode and Effects Analysis
Any business in the manufacturing industry would know that anything can happen in the development stages of the product. And while you can certainly learn from each of these failures and improve the process the next time around, doing so would entail a lot of time and money. Continue reading
IT Systems Implementation
Although a rigorous Acceptance testing process can spot a wide spectrum of flaws in a newly constructed IT system, there is no way it can identify all possible defects. The moment the IT system is delivered into the hands of actual end users and other stakeholders, it is effectively stepping out of a controlled and secure environment. Continue reading