Blog
Aptitude Software blog and news
12th June 2017Survey shows CFOs are turning to tech vendors to help navigate finance transformation
The second infographic in a series by FSN highlights the new, more involved role vendors are playing in finance transformation projects.
- 11th May 2017
2017 survey shows finance leaders still struggle around business partnering
Grab a first look at some of the conclusions reached by the 2017 Future of the Finance Function Survey, conducted by FSN. This first infographic installment looks at current sentiments around business partnering and the struggle that CFOs sometimes face in trying to impact key business areas.
4th May 2017Leasing FAQs
We've had the opportunity to speak with partners, clients and prospects about the leasing change that is around the corner. Over the course of those meetings, several questions kept coming up so we sat down with Aptitude Software finance expert, Alan Berkley to gather answers to some of the most commonly asked questions about the new IFRS 16 / ASC 842 standard and our Aptitude Lease Accounting Engine.
26th April 2017Lease Management Systems vs. Aptitude Software Lease Accounting Engine: What’s Different?
The post below outlines some of the differences between a typical lease management solution and the Aptitude Lease Accounting Engine.
14th April 2017Event: Living in an IFRS 17 World
Please join us on 1 June in London for a debate and discussion on the key strategies and challenges in addressing the IFRS 17 requirements.
8th December 2016Have you seen our new case studies?
7th November 2016Major Finnish telecom, Elisa selects Aptitude Software solution to address IFRS 15
Aptitude Software is pleased to announce that Elisa, Finland’s market-leading mobile operator, has selected the Aptitude Revenue Recognition Engine.
6th October 2016Teradata | Aberdeen Group Webinar: The Analytical Edge in Finance
Did you miss this September webinar? The replay is now available!
5th August 2016New leasing standard another regulatory punch for telecommunications
While the new leasing standard changes brought about by ASC 842/IFRS 16 will affect multiple industries, the telecommunications industry is one that will be significantly impacted. Telcos are already reeling from the efforts related to implementing the new revenue recognition standard (ASC 606/IFRS 15) so this is a second hit in a one-two regulatory punch.
2nd August 2016New leasing standard means significant changes
Earlier this year, after nearly a decade of deliberation, FASB & IASB released a new standard which affects the way companies account for operating leases.
21st July 2016The Changing Insurance Landscape
In a recent survey of insurance professionals conducted by Aptitude Software in the second quarter of 2016, we asked respondents to identify challenges, risks and forecasted IT spend for their organizations. Respondents included both business and technology stakeholders.
19th July 2016The danger of ‘going with your gut’
This is the fourth of a series of blog posts highlighting the results of FSN Publishing's 'Future of the Finance Function 2016 Survey.'
12th July 2016CFOs are overstretched
This is the third of a series of blog posts highlighting the results of FSN Publishing's 'Future of the Finance Function 2016 Survey.'
5th July 2016CFOs not ready for increasing responsibility over data & technology
This is the second of a series of blog posts highlighting the results of FSN Publishing's Future of the Finance Function 2016 Survey.
30th June 2016Event Recap: Insurance Accounting and Systems Association (IASA) 2016
Aptitude Software recently exhibited at IASA 2016 in San Antonio, Texas. Delegates from many of the leading insurers and solution providers met over the course of three days to share, network and collaborate.
21st June 2016The FSN Future of the Finance Function Survey now available
Thousands of column inches are devoted daily to the changing role of the CFO but a recent research study offers insights into where CFOs and their finance teams are in the Modern Finance journey. Download the report today for insights into current challenges, trends and more.
3rd June 2016Webinar Replay: Why CFOs need to look beyond the General Ledger
Gary Simon, CEO of FSN and Leader of the Modern Finance Forum on Linkedin talks to Tom Crawford, CEO of Aptitude Software, about how Finance can adopt a more data-driven approach to information management and decision-making.
2nd June 2016Aptitude Software at IASA 2016
We are looking forward to joining over 1,200 Insurance professionals at the 2016 IASA Annual Conference on June 12-15 in San Antonio, TX.
- 24th May 2016
Event: The Future of Finance in Banking
Please join us on 9 June in London for a drinks reception and panel discussion on the key challenges and opportunities for banking CFOs and their finance teams.
24th May 2016‘Future of Finance Function’ Survey 2016 – Preview & Infographic
Aptitude Software is pleased to present a preview of FSN's 'Future of Finance Function' 2016 Survey of 760 senior finance members from across the globe.
23rd May 2016Run for Fun —and a Great Cause
11th May 2016Join us for an exclusive webinar interview
Gary Simon, CEO of FSN and Leader of the Modern Finance Forum on LinkedIn, talks to Tom Crawford, President and CEO of Aptitude Software, about the future of finance.
- 10th May 2016
Event: The Future of Finance in Banking
Please join us on 9 June in London for a drinks reception and panel discussion on the key challenges and opportunities for banking CFOs and their finance teams.
4th May 2016Event Recap: Insurance ERM’s Data for Solvency II
With the first Solvency II submissions being posted, representatives from leading insurers packed a London ballroom to discuss what their firms need to do now. A few key themes emerged.
8th April 2016Insights from IBM’s Latest CFO Survey
Results from the IBM Global C-Suite Study show winning CFOs take the long view and use integrated analytics to position their organizations for future change.
24th March 2016A global revolution in the telecoms market – the 3 core changes
Majors changes in the telecoms industry around the world are shaking up competitive landscapes and repositioning operators and their business models.
22nd March 2016Deloitte 2016 Technology Trends: CFO focus areas
Deloitte Dbriefs Webcasts offer valuable and practical insights about a variety of business challenges and opportunities. In a recent webcast, Deloitte addresses key technology trends for 2016, highlighting the four on which CFOs should focus their time and attention for the greatest impact. Below, we've shared our perspective on each theme.
11th March 2016Aptitude Software at the GTB Finance Summit
Senior finance professionals from telecoms companies around the world will gather in London next week to discuss the most pressing issues facing their teams now and in years to come. Aptitude Software are a key sponsor of the event as we believe in the fundamental role that technology will play in the evolution of the finance function, particularly in the telecoms industry and in the face of major regulatory change.
4th March 2016How should CFOs respond to the era of ‘postmodern ERP’?
Gary Simon, CEO of FSN & Leader of the Modern Finance Forum for CFOs, shares his thoughts on the new world order for CFOs and why reducing 'time to insight' does not mean expanding your ERP suite.
1st March 2016EDW-Centric vs. ERP-Centric?
We recently had a prospect ask us what the difference was between an Enterprise Data Warehouse (EDW) Centric finance architecture and an Enterprise Resource Planning (ERP) Centric finance architecture. It was a great question, and we wanted to share our thoughts on the subject with our readers.
24th February 2016Aptitude Software at HIMMS 2016
We are looking forward to joining the over 40,000 Health IT professionals from around the world at the 2016 HIMSS Annual Conference next week.
- 12th February 2016
What we’re reading
We bring years of experience in finance, accounting and technology to our client engagements. We are always trying to stay up to date on the latest news and trends and to help you do the same we've listed some of the most important and most interesting articles of the past several weeks.
13th January 2016CFO as trusted advisor to the CEO
Being a trusted advisor is a high calling for a CFO and requires a broad range of skills and a well developed team.
7th January 2016Revenue recognition interest mounts
As the IFRS 15 (ASC 606) deadline approaches, revenue recognition experts are producing more content to support, guide and advise end users.
5th January 2016Leading Global Insurance org gains source to sign-off control
A solution from Aptitude Software helped significantly improve financial control and transparency while reducing cost.
21st December 2015Happy Holidays from Aptitude Software!
Santa shares how Aptitude Software is helping him keep up with increasing present requests, more complex data sources and new regulatory requirements.
15th December 2015IFRS 15 – The state of telco in Europe
33 Finance leaders from 10 leading European telecommunications operators joined Aptitude Software's webinar to discuss progress in IFRS 15 projects.
23rd November 2015Large UK org drives growth & efficiency with finance engines
Invoice processing now 12x faster and pricing processing now 2x faster for one of Europe's largest logistics companies
18th November 2015Join us: “IFRS 15 – The state of European telco”
14th November 2015The many benefits an accounting sub-ledger
The standard topic for CFO-focussed publications is how Finance can escape day-to-day drudgery, connect with business teams and provide strategic advice. How does an accounting sub-ledger help?
14th November 2015Chasing a shorter monthly close
A recent article by Jay Humphries, Senior Pre-Sales Practice Manager for Teradata, discusses the value of aligning people, processes and technology to reduce accounting and reporting close times - resulting in reduced risk and business insight.
30th October 2015Banks take on IFRS 9 Regulation
The new IFRS 9 standard is expected to significantly increase the workload across diverse functional groups such as risk and finance. In this post, we take a look at how Finance Departments will be affected by IFRS 9 and where they will encounter challenges.
20th October 2015An Epic Win !!
Aptitude Software has won the 2015 Teradata EPIC award for delivering Enterprise Intelligence in our project with a leading European Bank.
16th October 2015Finance transformation is hot again
Finance transformation is hot again, according to a top analyst. But how can finance be more strategic amidst a barrage of tactical requirements?
15th October 2015Can accounting be strategic?
We recently stated in Global Telecom Business magazine that the new IFRS 15 accounting policy provides a unique opportunity for affected companies to unlock business value. Can this be right?
12th October 2015Aptitude Software and Teradata: Partners in data-driven finance
Aptitude Software will be at the Teradata Partners Conference & Expo on 18-22 October in Anaheim, California.
12th October 2015CFO Roundtable: perspectives from Global Telecoms Business
Aptitude Software is featured alongside CFOs of top telecommunications providers in the most recent edition of Global Telecom Business magazine.
28th July 2015Webinar – How to approach IFRS 9
Join our webinar to discuss IFRS 9 data, process and reporting requirements and the impact it will have on your finance operating model.
23rd July 2015IFRS 15 deferral announcement
The IASB has confirmed in a press release yesterday that the effective date for implementation of IFRS 15, Revenue from Contracts with Customers, will be deferred for a year to 1 January 2018.
21st July 2015Operations & Technology in Financial Services Conference
Harry Hibbert, European Financial Services & Insurance Sector Sales Lead for Aptitude Software, gives his takeaways from the Operations & Technology in Financial Services Conference in London.
15th July 2015Empowering finance to deploy to leading technology platforms
Aptitude Software empowers CFOs to deploy finance applications to the latest technology platforms including Cloudera Hadoop and SAP HANA (2H 2015).
10th July 2015Running with the finance pack
14,394 runners from 350 companies across the City of London all took part in the JP Morgan Chase Corporate Challenge yesterday in Battersea Park, South West London. Aptitude Software were proud to put forward a team of 11 runners who all helped towards ensuring no call for help to Age UK goes unanswered this year.
8th July 2015Leading Financial Services Company gains key to data-driven insights
Our customer needed a finance architecture capable of handling the increasing complexity of their growing business and robust enough to deliver data-led analysis and sophisticated reporting - all while reducing costs and manual processes.
6th July 2015Event recap: IFRS 9 business breakfast
Aptitude Software’s July business breakfast brought together leading banks to discuss the impact of IFRS 9 on CFOs & finance teams.
3rd July 2015ExaReady & Excellent
Aptitude version 5 has been certified as Oracle ExaReady, giving our customers another great option for achieving high transaction processing performance.
8th June 2015Continued regulatory challenges for Banks
Industry experts only expect regulatory burdens to intensify, forcing banks to continue a shift to an enterprise-wide approach to reporting on and managing compliance issues.
3rd June 2015IFRS 15 – Value Beyond Compliance
Many telecommunications firms have assessed the impact of new revenue recognition rules (IASB IFRS 15, FASB ASC 606) and are now analyzing their implementation options. The costs to comply can be large but some CFOs are gearing their projects to gain value beyond compliance.
28th May 2015Drivers of Data Integration Strategy in a Transforming Health System: Why Organizations Need an Interactive Data Roadmap
We are excited to share a guest post written by Laura Zaremba, Principal at Trexin Consulting. Laura specializes in health information technology strategy & policy and the management of organizational change across organizations.
28th May 2015Event: IFRS 9 Breakfast Briefing (London)
On 2 July, join your peers from industry to discuss IFRS 9 data, process and reporting requirements and it's impact on the finance operating model.
1st May 2015Customer video: streamlining key finance processes with the Aptitude platform
View the short video below to learn how a large digital media company addressed its challenges around royalties management.
30th April 2015Enabling price transparency in healthcare
The push for price transparency in healthcare is increasing but it's not just an issue of regulatory compliance. Healthcare providers who put systems in place to enable pricing transparency are better able to reduce costs, attract new customers and demonstrate value and quality of care to the market.
14th April 2015Aptitude Software exhibiting at 2015 Blue National Summit
Aptitude Software is a proud exhibitor at the upcoming 2015 Blue National Summit. We hope you will come visit us at booth #657 and enter our drawing for a chance to win a Kindle e-book.
30th March 2015Improve your finance IT architecture: a how to
The best CFOs inform the strategy of their company, providing faster, more insightful information when it’s needed. What do they have in common that allows them to do it?
30th March 2015CFOs’ challenges across industries
What does a bank’s Chief Financial Officer have in common with her counterpart in digital media? Do telecommunications, healthcare and retail CFOs share similar challenges?
26th March 2015CBI Life Sciences Accounting and Reporting Congress Wrap Up
As a sponsor at the recent Life Sciences Accounting and Reporting Congress, we heard from industry leaders how finance integration helps companies to optimize efficiency and drive new value.
22nd March 2015Top CIOs speed enterprise application development
Top performing companies develop software most productively, according to a new McKinsey study. Model-driven application development platforms deliver benefits for enterprise initiatives.
17th March 2015Retail Week Live – our view
Customer experience took its rightful place at the heart of Retail Week Live this year. Major retailers like Argos, Dixons and Shop Direct focused their efforts on speed both online via agile web development and offline with faster, trustworthy delivery.
13th March 2015Aptitude Software celebrates Comic Relief
What does an accountant say when boarding a train? 'Mind the GAAP'. ... Today Aptitude Software's London office is celebrating Comic Relief.
11th March 2015Aptitude Software sponsors the 11th Annual CBI Life Science Accounting & Reporting Congress
As a proud sponsor at the upcoming CBI Life Science Accounting and Reporting Congress in Philadelphia next week, we'll be discussing how our customizable finance applications and application development platform can help finance leaders address challenges around revenue recognition, gross-to-net accounting and more.
9th March 2015Aptitude Software is on the road
Aptitude Software will be on the road at a number of events in Spring 2015. Come meet us! If you’d like to schedule a meeting with our team, drop us a line at info@aptitudesoftware.com.
2nd March 2015What’s so difficult about enterprise software development?
It is surprising that many companies don’t focus more on how they can better produce software. In this blog post, we review alternative approaches to application development and how they are becoming relevant to enterprise development teams.
2nd March 2015What is an application platform?
"Application Platform" is a term that you'll be familiar with soon if you aren't already. Here we look at where the need has come from and start to decipher some of the differences between the options available.
26th February 2015Of mice and complex software engines
It’s an interesting and surprisingly intuitive fact that no single person in the world has enough knowledge to take raw materials and create something as simple as a computer mouse.
25th February 2015Deloitte releases 2015 Global CFO Signals report
The most recent Global CFO Signals report from Deloitte shows most CFOs approaching the year with cautious optimism.
23rd February 2015Telecommunications M&A 2015: the CFO is central
2015 will be an exciting year for telecommunications M&A activity. CFOs success will be dependent on their ability to merge financial operations and processes. Those firms that have financial agility will have a competitive edge.
19th February 2015The surprising trend for SMEs on G-Cloud
The 6th iteration of the G-Cloud platform launched at the beginning of this month and we at Aptitude Software are proud to offer three services for procurement through the new Digital Marketplace. There are questions, though, as to whether the platform is growing too quickly and if SMEs are really getting the opportunities it purports to provide.
13th February 2015When the high street gets tough, who gets going?
For years retailers have led the way in understanding customer behaviour, but now that discount shops are taking more and more market share it's time to look elsewhere for game changing analytics. Understanding the inter-relationships in financial data between costs, revenues and margins in disparate areas of the business will allow retailers to invest in customer experience without eroding margins.
2nd February 2015The evolution of IT finance architecture
Few things are as important to executives as having confidence in financial results. Yet, finance systems don’t always get the attention (or press) of other operational or customer-centric systems.
21st January 2015Digital music company innovates with the Aptitude™ platform
One of the world’s leading online music and video download providers uses the Aptitude platform to develop an application to help them manage rights usage and royalties - 40% ahead of budgeted time and cost.
16th January 2015A few of my favorite things (part 3)
This is the final entry in a three-part series of posts by Ginger Frost, Senior Consultant at Aptitude Software.
13th January 2015What we’re reading
As a company poised at the intersection of finance and IT, we're always trying to stay up to date on the latest news and trends. This means a lot of reading about industry shifts, regulatory announcements and new technologies. Please check out some of our go-to sources for information below and if you see something we're missing, tweet us at @AptitudeSW.
8th January 2015Top themes for Financial Controllers in 2015
The role of financial controllers is shifting. We take a look at some of the themes around this important role in 2015.
30th December 2014Hadoop for the New Year
We believe Hadoop technology has and will continue to be a major resource for the enterprise organization. In the spirit of the upcoming New Year, we wanted to pull together some of the predictions we've seen that support the growth of Hadoop usage in 2015.
23rd December 2014Happy Holidays from Aptitude Software
Here at Aptitude Software, we wanted to take this moment to spread some seasonal cheer and wish each one of you a very Happy Holiday season in the best way we know how.
18th December 2014Big business, big analysis, just not big data
We live in an age of intelligence. Accountants drive strategy, marketers are scientists and logical coders helm global organizations. The best of these are driven by data without it taking center stage. Focusing on business benefits instead of the short term analysis, here are some of the best, cutting edge examples.
16th December 2014The continued rise of the Chief Data Officer
While the position of Chief Data Officer has become more common over the last 10 years, companies are still struggling to understand the exact role of a CDO.
6th December 2014Event Wrap Up – IFRS 9 in banking – more demanding information requirements hit banks
Aptitude Software joined delegates from over 40 banks, the IASB, and leading advisory firms at the ENG International Financial Reporting Forum in Amsterdam.
3rd December 2014A few of my favorite things (Part 2)
This is the second entry in a three-part series of posts by Ginger Frost, Senior Consultant at Aptitude Software.
2nd December 2014Retail Data Everywhere but not a Penny to Pinch
This year has seen Black Friday cross the pond in a big way to infiltrate the UK retail industry in the same way that it's become embedded in US culture. It highlights just how prominent price promotion has become and shows the polarisation of retail into budget and luxury providers. So what does this mean for the mid-tier players who have bridged the gap between cost and quality for so long?
27th November 2014Can Software Engineers Bake?
At Aptitude Software, we pride ourselves on building great software. We also bake. Our inaugural bake-off makes a difference for Children in Need.
26th November 2014Gross-To-Net Accounting & Accruals Conference Wrap Up
We had a great experience last week in Philadelphia at the Gross-to-Net Accounting and Accruals Summit for Life Sciences, hosted by CBI. Of all the key themes we heard throughout the weekend one that continually surfaced was the idea of creating one single version of the truth by centralizing finance, risk, commercial, product and operational data.
25th November 2014Architecting Formula One Success
Enterprise architects, like Formula One teams, live and die by how technology serves changing requirements.
21st November 2014Version 5 For Big Data Applications
Version 5 of the Aptitude™ platform enables enterprises to get value from Apache Hadoop, extending the ability for teams to build data-driven software systems across their big data infrastructure.
20th November 2014Aptitude in Amsterdam – Banking on Reporting Excellence
Aptitude Software is thrilled to sponsor ENG's 12th annual IFRS summit and to contribute to the discussion about how banks can address today's and tomorrow's financial reporting and compliance requirements.
19th November 2014Greetings from the City of Brotherly Love
We are excited to be in Philadelphia, PA today for the Gross-to-Net Accounting and Accruals Summit for Life Sciences, hosted by CBI.Net!
12th November 2014Look before you leap
Considering a General Ledger upgrade, replacement or consolidation project? Before you take the leap, think about implementing an Accounting Hub and sub-ledger to gain greater functionality and save time and millions.
6th November 2014Key Themes and Takeaways from IPEXPO & Teradata Conferences
Nick Thomas, Strategy & Solutions Lead at Aptitude Software shares a few takeaways from his recent attendance at the IPEXPO Europe and Teradata PARTNERS events.
29th October 2014Aptitude Accounting Hub, compact edition accelerates finance transformations
We are excited to have released a new product, the Aptitude Accounting Hub, compact edition. This offers finance teams a faster route to improve efficiency and gain centralized control over accounting rules & highly attributed sub-ledger data.
23rd October 2014What does it mean to be big data?
Aptitude Software has always been proud of our processing performance, but in the past we have distanced ourselves from much of the hype around big data. However, we now see pragmatic business leaders realizing the opportunity to use leading data technologies to drive real business value.
15th October 2014Going for gold at Teradata Partners Conference
We're excited to be a Gold Sponsor at the Teradata 2014 PARTNERS Conference in Nashville, TN (Oct 19-23) and look forward to meeting you.
9th October 2014Aptitude Software and Cloudera.
The perfect partnershipAptitude Software has partnered with Cloudera to empower enterprises to more efficiently apply big data technologies in operational software systems.
8th October 2014Let’s meet in the Big Data Village
Aptitude Software joins Cloudera in the Big Data Evolution Summit at IP Expo conference in London, UK 8-9 October
5th October 2014A roadmap for revenue recognition
Almost six months after the FASB & IASB announced the new revenue recognition standards, companies need to be taking steps to address the requirement.
2nd October 2014A few of my favorite things
This is the first entry in a three-part series of posts by Ginger Frost, Senior Consultant at Aptitude Software.
30th September 2014We’re ready for PureSystems!
The Aptitude Allocation Engine is "Ready for IBM PureSystems," meeting the technical validation requirements for the IBM PureData System for Analytics.
- 22nd September 2014
Where do your royalties lie?
As the music and entertainment industries become more and more complicated, organizations must ensure they have an integrated, high performance royalty management system in place - capable of processing high volumes of complex transactions.
15th September 2014Realizing revenue recognition reporting requirements
We at Aptitude Software are thrilled to release a new product, the Aptitude Revenue Recognition Engine. The product is designed to help telecommunications operators and other companies faced with implementing new international accounting requirements.
2nd September 2014IBM releases 2014 Tech Trends study
Recently, The IBM Center for Applied Insights released the forth study in the Tech Trends series which highlights and tracks the rise and usage of technology game changers like big data & analytics, cloud, mobile, and social.
- 20th August 2014
Keeping the US talking
Aptitude Software has been selected to implement the Aptitude Accounting Hub as part of a finance transformation project at a large US Telecommunications Provider.
8th August 2014Will you be at IBM Insights?
Aptitude Software is proud to be at IBM's Insights Conference in Las Vegas, Nevada!
31st July 2014Visit Aptitude Software at London’s Teradata User Group – 3rd Nov 2014
Aptitude will be at the London TUG on November the 3rd - We can help you maximise the value of your Teradata platform investment.
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