Didier Van der Coelden, CFO NGDATA
Vanuit zijn ervaring als Controller en CFO bij Capco en recent als CFO bij NGDATA kan Didier Van der Coelden een inzicht geven in de achterliggende trends op het vlak van analytics en rapportering in een financiële afdeling. Daarbij gaat het ten eerste om het automatiseren van heel wat processen om met kleine teams toch grote organisaties te kunnen blijven bedienen. Maar het gaat ook om het creëren van een proactieve omgeving waarbij de impact van tendensen in de markt en in het bedrijf snel worden opgepikt en gerapporteerd aan de mensen doorheen de onderneming. Dat kan ook niet zonder procesverbeteringen en investeringen in performante rapporteringssystemen.
2. Business
Growing Business
Geographical Expansion
Increased complexity
New service offerings
Different business models
Multi Dimensional
Local, Regional, Global and Corporate
reporting requirements
6. Challenges
Manual process, resource intensive
Time consuming
Various versions of the ‘truth’
Static data for business and internal clients
Lack of sustainability, scalability and
flexibility
8. Solution
Remove dependency on spreadsheets
Core System / Customizations
BI Tools
Planning / Modelling Capabilities
Data Visualization
Mobile
Data Science
11. Lessons Learned
Enterprise-wide project with a clear vision and
outcome
Eliminate departmental silos
Focus on relevant KPI’s
Know your audience
Create superior user experience and process
Build Internal Capabilities
12. Next steps
Further Integration and increased use
Resource management
Pricings
Sales and accountmanagement
Data Science
Robotics and Machine Learning
Virtual Workforce
SINGLE TRUTH:
One source of the truth for finance and operational data – enterprise wide consistency – increased visibility, transparency and operational efficiency
FLEXIBILITY:
Agility, the ability to rapidly adapt to new business models, acquisitions, changing business environment. Capability to do simulations, what-if analysis – strategic decision making, tools providing the ability to rethink and remodel our existing business models.
REAL TIME:
Real-time oversight into finance and operations – no lag time in decision making. A single system providing immediate visibility to transactions and business drivers/performance
MULTI DIMENSIONAL
Ability to report at whatever level needed. Whether at location, domain, capability, region or client level. In local currency or in USD, at whatever fx rate and at whatever compare,
COLLABORATION:
Field/Business Engagement
As a result, Finance is now a pro-active business partner, allowing to do more value added work.
- Cycle Time Improvement