SOURCE: Aberdeen Group

Aberdeen Group

August 14, 2013 09:35 ET

Aberdeen Publishes Financial Management, Enterprise Mobility, BA and BI Research

Research Examines Automated Fund Allocation, Enterprise Mobile App Lifecycle, Banking Analytics, Analytical Collaboration, and Visual Data Discovery

BOSTON, MA--(Marketwired - Aug 14, 2013) - Aberdeen Group, a Harte-Hanks Company (NYSE: HHS), today announced the publication of new research reports from its Financial Management, Enterprise Mobility, Business Analytics/Business Intelligence research practices.

"Automated Fund Allocation: Bridging the Efficiency Gap in the O2C Cycle," written by Ankita Tyagi, Research Analyst for the Aberdeen Group Financial Management and Governance, Risk, and Compliance (GRC) research practice, investigates how the manual fund application to invoices, invoice matching, cash allocation and manual reconciliation to enterprise resource planning (ERP), and other financial systems slows the order-to-cash cycle and can also pose significant challenges to financial reporting accuracy. By automating this essential step, organizations can expedite processes, achieve greater financial accuracy, and redirect their workforce to address more complex and analytical problems. This report identifies prime objectives of the accounts receivable (AR) department, key capabilities to support those objectives, and why they are important to achieve operational efficiency. For an in-depth look at the automated fund allocation in the order-to-cash cycle, please view a complimentary copy of this report at:

"Mastering MALM: the Enterprise Mobile Application Lifecycle," authored by Andrew Borg, Research Director for the Aberdeen Enterprise Mobility and Collaboration research practice, reveals that although organizations are developing mobile apps to remain competitive and optimize their business processes, most are not prepared to function as software producers. Finding an average 38% increase in the number of mobile apps developed by respondents between 2011 and 2012, the report identifies the pressures this increasing demand -- and resulting shortage -- of app development skills places on organizations of all sizes, and the essential steps required to master the art of Mobile Application Lifecycle Management (MALM). The report is accompanied by a recent column Andrew contributed to InformationWeek, the first in a series of monthly columns to be authored by Mr. Borg. To obtain a complimentary copy of this report visit:

To view the InformationWeek column visit:

"Analytics in Banking: A Fool and his Money (and Customers) are soon Parted," prepared by Peter Krensky, Senior Research Associate in Aberdeen's Business Analytics practice, reveals that, although banks may not be the most popular kids in class these days, this doesn't mean that they can't maintain happy, loyal customers, and manage the risk that tarnished their reputations in the first place. Aberdeen's Analytics in Financial Services survey focused a specific set of questions for respondents from the banking sector, to determine how their organizations use Business Intelligence (BI) tools to address the pressures and demands of the industry. Two of the top pressures reported by banks were the need to gather customer insight (cited by 57% of respondents) and the desire to improve risk management capabilities (31%). This report examines the benefits of using BI solutions on customer data, and the types of supporting technologies that make analytics a powerful risk management and compliance tool. To obtain a complimentary copy of this report, visit:

"Analytical Collaboration: The Whole is Greater than Sum of Its Parts," prepared by Michael Lock, Vice President and Principal Analyst, in Aberdeen's Business Intelligence practice, states that at every level of an organization, and in almost every job role, better business decisions can be made when they are based on -- and support by -- current, relevant information. However, perhaps the most important aspect of effective business analytics is the interpretation of that information and its transformation into some form of actionable business insight. Just as it would be unreasonable to expect a plant manager to be conversant in database schemas and ETL, it would be just as irrational to expect an IT manager to have deep quality control and waste reduction expertise. Between direct line-of-business expertise, technical know-how, statistical modeling capability, or simple political savvy, everyone has something they can bring to the table when it comes to business analytics. Increasingly, companies are seeing value in building an analytics strategy around collaboration and knowledge sharing, ultimately leading to enhanced decision quality and improved business performance. To obtain a complimentary copy of this report, visit:

"Visualization: Set Your Analytics Users Free," prepared by David White, Senior Research Analyst in Aberdeen's Business Intelligence practice, states that visual data discovery tools are a relatively new addition to the spectrum of business intelligence solutions. Data collected by the Aberdeen Group in March 2011 found that employees in organizations that used visual data discovery were more likely to find the information they need, when they need it. In addition, these same companies were able to scale their use of scarce IT skills more effectively. This new research -- based on data collected in May 2013 -- reinforces those findings. In addition, Aberdeen's research demonstrates that visual data discovery can help to usher in a different, more user-driven approach to analytics. To obtain a complimentary copy of this report, visit:

About Aberdeen Group, a Harte-Hanks Company

Enabled by its team of 40 research analysts covering 16 industry-sector categories, access to 35,000+ benchmarked enterprise decision makers, and 2.5 million research readers, Aberdeen Group -- a Harte-Hanks Company (NYSE: HHS) -- is the trusted advisor to global technology markets, providing corporations with insights that drive IT decisions. Aberdeen's independent, fact-based research and market intelligence is used by the Fortune 1000, Global 500, and Software 500.

Aberdeen has offices in Boston and London. Harte-Hanks operates 25 offices in the United States, and has locations throughout Asia-Pacific, Europe, and Latin America. 

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