The House of Control Blog

House of Control blog for financial departments. Here you will find cases about operational and financial management: Cost cuts, agreement management, time savings, practical risk management, purchasing, budgeting, forecasts, etc.

How CSAM Health Group gets invoicing correct – with 700 customer contracts in 14 companies

Digital solutions from CSAM Health Group are frequently used to assist skilled healthcare professionals in the Nordic region. Managing billing for a large number of products to 500 customers across 14 of CSAM's subsidiaries can be challenging. Since many customers use more than one CSAM product, there are 700 customer agreements that need to be monitored and invoiced correctly and on time. Here's how CSAM addressed this challenge.

How to Achieve Lease Accounting Compliance with IFRS 16 for IPOs

Balance sheet recognition of leases is a crucial task that the finance department must tackle...

The silver lining of the Corporate Sustainability Due Diligence Directive

Norwegian companies have gotten a head-start on the upcoming requirements of the Corporate...

Webinar #1 summary: House of Controls approach to contract management

With two thousand customers and a large number of deliveries to three offices, House of Control has...

How the Procurement Department Has Saved Visma NOK 220 Million

Eight people in Visma's central procurement department have saved the group NOK 220 million in two...

How Visma consolidates IFRS 16 lease accounting in 170 business units

For Visma, Europe’s leading provider of business critical software, size brings considerable...

7 tips on how you should manage supplier contracts

The larger the business, the more difficult it is to have full control and a proper overview over...

IFRS 16: The impact on companies and investors

IFRS 16: The Impact on Companies and Investors IFRS 16, Leases, is an accounting standard that was...

How enterprise contract management software optimizes complex business processes

There is a relatively new name on just about any CFO’s digital roadmap: Contract Lifecycle...

IFRS 16 Cheat sheet

IFRS 16 Cheat Sheet IFRS 16 is an accounting standard that was issued by the International...

Procurement managers: The unsung heroes of the company's finances

We have mapped how the best procurement managers in the Nordics and Europe create value for their...

IFRS 16 Advisory: The smart service that makes IFRS 16 reporting easier and more efficient

A good IFRS 16 tool is half the job, but the tasks and duties themselves can be both time-consuming...

Improve cost control with better forecasting and budgeting process

When the company's overall challenges are growing, an important part of the solution may be to...

Christmas greetings 2022

2022 has been an unusual year, with more challenges than many of us enjoy. At the end of the year,...

The Percentage of Completion method made smart

The Percentage of Completion (PoC) is a way of accounting for long-term projects, most commonly in...

Checklist to see whether you could use solutions from House of Control

House of Control is expanding rapidly on the basis of its solutions for contract management,...

Everything you need to know about contract management in 2023

Part of a professional contract management strategy involves reducing costs and reducing dependency...

How will IFRS 16 affect annual financial statements?

Two auditors and one researcher have examined how IFRS 16 will affect the balance sheet values of...

Did you know that digital signature can improve these 6 processes?

Digital signature from Egreement improves contract management for several hundred of House of...

10 contract management challenges to solve before a recession

In a recession, it is more important than usual to be thrifty and to prevent dependence on key...

9 ways to cut costs before or during a recession

In a recession, strategies must give way to short-term measures for survival. We have collected...

Becoming part of the Visma family is the result of a marathon of teamwork

Visma buys House of Control Group. What does it mean for customers, for the future, for employees -...

Everything you need to know about a contract repository

Do you know where your business's contracts are stored? Are they spread across departments and...

How to renegotiate your supplier contracts during a recession

When a recession is looming, you probably need to renegotiate your company’s supplier contracts....

12 tips: How to prepare for a recession

In this article, we answer important questions regarding the looming recession, including giving...

Best practices for contract management

Efficient contract management processes are essential for businesses of all sizes. We’ve gathered...

6 Tips for IFRS Lease Accounting

How should you handle IFRS 16 lease accounting? What are some of the practical challenges of IFRS...

8 factors to consider before buying contract management software

A contract management solution (also commonly referred to as contract lifecycle management) is the...

Visma to launch cash offer for House of Control

Board of House of Control unanimously recommends Visma's contemplated voluntary cash offer to...

Why is subscription management important?

Important benefits for SaaS finance teams
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