Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > EMERGENCY OPERATIONS CENTERS BENEFIT FROM A COMMON PLATFORM FOR FINANCIAL TRACKING AND OTHER CROSS DEPARTMENTAL TASKS
    Finance

    EMERGENCY OPERATIONS CENTERS BENEFIT FROM A COMMON PLATFORM FOR FINANCIAL TRACKING AND OTHER CROSS DEPARTMENTAL TASKS

    Published by Gbaf News

    Posted on February 27, 2014

    3 min read

    Last updated: January 22, 2026

    An illustration of an Emergency Operations Center equipped with technology for financial tracking and task management. This image highlights how a common platform enhances collaboration across departments, crucial during crises. It showcases the integration of financial accountability in emergency management.
    Emergency Operations Center showcasing financial tracking and cross-departmental collaboration - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Within an organization, each department has a different function and a different agenda. These departments may have different ways of getting their job done and their goals may even be at odds with one another. Add a disaster to this equation and it is a recipe for chaos. However, it is the job of an emergency manager to make all these departments function as a coherent whole during a time of crisis.

    Emergency Operations Centers Benefit From A Common Platform For Financial Tracking And Other Cross Departmental Tasks

    Emergency Operations Centers Benefit From A Common Platform For Financial Tracking And Other Cross Departmental Tasks

    Technology helps organizations reach this goal by giving departments a common platform for performing tasks and allowing employees to see how each department’s work fits into the bigger organizational picture. Technology also gives organizations the proper tracking tools to maintain a high level of accountability. This allows departments to work together to meet both departmental and organizational goals.

    For example, In an Emergency Operations Center (EOC), resources need to be collected, deployed, and retrieved. All of these resources need be accounted for both physically and financially. Although it may seem to those in operations that getting the resources where they need to go and worrying about the rest later is the fastest way to do their jobs, those working in finances will have a much different point of view. Using the right technology allows for fast deployment along with thorough accountability. Once the disaster has been handled, all the financial information needed to apply for reimbursement from FEMA will already be in the system, along with all the information needed to properly audit the event and create an after action or incident action report. This allows all members of an EOC to do their jobs more effectively.

    Traditional software allows individual departments to input and track their data, however with each department working independently, there is no common operational picture. Newer generation technologies, such as DisasterLAN (DLAN), allow for tighter integration and better situational awareness. Departmental integration is the key to keeping track of financial information in the midst of an emergency situation. As Emergency Managers have to sign off on financial items as a situation unfolds, it is easy to lose track of overall expenditures, leading to sticker shock at the end of an activation. DLAN’s Finance Module helps avoid this problem. The Finance Module includes exact copies of FEMA’s project worksheets and current resource cost codes for easy submission of reimbursable damage expenses. DLAN allows different departments to fully integrate with one another in order to quickly and efficiently respond to an emergency, as well as account for all activities and finances afterwards.

    In today’s complex world organizations can no longer depend on whiteboards, memos, and in person briefings to handle emergency situations. Newer technologies allow organizations to communicate more efficiently and create accountability across departments. Any technology that creates a common platform for performing the various tasks of multiple departments will improve an organizations performance both day-to-day and in crisis situations.

    More from Finance

    Explore more articles in the Finance category

    Image for Germany ranks second worldwide for EV production in 2025, VDA says
    Germany ranks second worldwide for EV production in 2025, VDA says
    Image for Santander shares fall on proposed $12.2 billion Webster deal
    Santander shares fall on proposed $12.2 billion Webster deal
    Image for Wartsila orders miss forecast, but upbeat on data centres
    Wartsila orders miss forecast, but upbeat on data centres
    Image for Euro zone inflation dips in January as soft patch begins
    Euro zone inflation dips in January as soft patch begins
    Image for NXP CEO says demand for 'physical AI' boosting outlook
    NXP CEO says demand for 'physical AI' boosting outlook
    Image for Russia's oil and gas revenue halved in January y/y to lowest since July 2020
    Russia's oil and gas revenue halved in January y/y to lowest since July 2020
    Image for Global software stocks hit by Anthropic wake-up call on AI disruption
    Global software stocks hit by Anthropic wake-up call on AI disruption
    Image for Toyota plans 30% boost to 2026 hybrid vehicle output by 2028, Nikkei says
    Toyota plans 30% boost to 2026 hybrid vehicle output by 2028, Nikkei says
    Image for UK economy gathers pace at start of 2026 but cost burdens persist, PMI shows
    UK economy gathers pace at start of 2026 but cost burdens persist, PMI shows
    Image for UBS sees more outflows from US wealth unit after adviser exits, CFO says
    UBS sees more outflows from US wealth unit after adviser exits, CFO says
    Image for Germany's Lufthansa takes on Nazi past as it turns 100
    Germany's Lufthansa takes on Nazi past as it turns 100
    Image for Global watchdog flags risks in $16 trillion government-backed repo market
    Global watchdog flags risks in $16 trillion government-backed repo market
    View All Finance Posts
    Previous Finance PostACL HIGHLIGHTS TOP FRAUD RISKS COMPANIES MUST SCRUTINIZE IN 2014
    Next Finance PostNEARLY ONE-THIRD OF U.S. EXPATS CONFUSED BY U.S. TAX FILING REQUIREMENTS