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4.ICV kongres controllera 2016 - TAGETIK (Daniel Potočnik)

Prezentacija Daniela Potočnika (TAGETIK) na 4. ICV Srbija kongresu controllera

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4.ICV kongres controllera 2016 - TAGETIK (Daniel Potočnik)

  1. 1. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Triglav Group case study From building blocks to a unified performance management solution Daniel Potočnik, Tagetik Adriatic Tagetik Conference September 19-20, 2013
  2. 2. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Agenda Company and group overview The approach Key pain points Project overview and scope Project implementation Outcome & benefits Lessons learned Summary Q&A
  3. 3. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Company Overview 1 #1 Insurance group in Adriatic region
  4. 4. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Company Overview The Triglav Group is the leading insurance-financial group in Slovenia and one of the leading groups in South-East Europe, where it is gaining ground and expanding its operations. It is present in eight markets and seven countries and employs over 5,470 people. The Group builds its reputation on knowledge, experience, trust and excellent attitude towards its clients, employees, shareholders and other stakeholders. The business of the Group is based on four pillars: • Insurance • asset management • Banking • activities supporting the three core financial pillars
  5. 5. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Company Overview
  6. 6. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Company Overview – interesting for Tagetik 40 subsidiaries 10 asociated companies Multiple reporting standards Reporting to regulator (ATVP & AZN) Statistical reporting, Captial Requirements...
  7. 7. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Key Pain Points 2 Where we started off with Tagetik
  8. 8. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Key pain points – multiple processes Consolidation process outdated Reduced reporting time windows Increasing reporting requirements Excel based solution – managability & stability Complex and tough to manage collection process Projects derived from consolidation, operational planning & controlling
  9. 9. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Project Overview and Scope 3 From building blocks to a unified solution
  10. 10. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Project Overview and Scope 8 projects + many “mini” applications Consolidation (2010) Operational planning (premiums) (2011) Group controlling (2012) Operational planning (costs) (2012) Triglav Osiguranje – Croatia roll-out (2012) Financial investments reconcilliation (2012) Solvency II (Pillar II & Pillar III) – in progress (2013/2014) CDM – in progress (2013/2014)
  11. 11. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Project Overview and Scope - Consolidation Quarterly consolidation Notes to accounts Eliminations
  12. 12. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Project Overview and Scope – Group controlling – Operational planning Monthly: Actuals + Forecast (cons.) + Plan (cons.) + Strat Plan (cons.) Eliminations
  13. 13. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Unified CPM solution Common controlling reporting for subsidiaries Rolling forecast Full analytics on financial statements Audit support Valuation of investments Local GAAP support
  14. 14. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Roll-out scenario out of the box All group companies take full advantage of common applications (controlling, solvency, consolidation) Operational processes can be easily adopted to local requirements
  15. 15. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Project Implementation 4
  16. 16. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Tagetik application screenshots - consolidation
  17. 17. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Tagetik application screenshots - controlling
  18. 18. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Tagetik application screenshots - finance
  19. 19. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Outcome and Benefits 5
  20. 20. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Outcome and Benefits Shorter preparation cycles Manageable and traceable data collection process Full audit trail Automatization (example curency conversions) IC Matching -> process pushed down to subsidiaries Drill down and analytics
  21. 21. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Lessons Learned and Recommendations 6
  22. 22. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Lessons Learned and Recommendations Management support Dedicated team
  23. 23. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Next Steps 7 In the middle of two projects 
  24. 24. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Next Steps Sucesfull completion of current work in progress (Sovency II & CDM) Ideas for the future
  25. 25. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Summary 8
  26. 26. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Summary Triglav Group is #1 insurance company in Adriatic region 8+ projects on Tagetik Focus on individual areas  benefits on group level Benefits on all areas of finance & controlling Current focus is Solvency II and CDM New ideas will come naturally 
  27. 27. This document contains confidential info. Only for internal use. Do not disclose or make available to third parties. Questions & Answers 9

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