What is Accounting Center of Excellence (ACE)?
Centralizing and consolidating accounting functions like invoicing, collections, period close at a central place on behalf of global entities within a banking organization is Accounting center of excellence. It is different from Shared Service center in the sense that it would be a cost center which would drive the common accounting and finance activities for all the entities within an organization
Emerging ERP trend fro Banking 2016-03-29
Emerging trends in ERP for Banking Industry - Establish an Accounting Centre of Excellence with Orac