Mapping financial data flows

3,632 views

Published on

How to revitalise financial data flows with strategic visualisation.

1 Comment
2 Likes
Statistics
Notes
  • Thanks for sharing this. I love the concept of 'co-visualization' where people really make the information their own. Otherwise, they never really get it in a deep way. A little-known secret too is that it's fun to do together, but of course you need a good facilitator and a graphic facilitator is the best of all worlds!
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
No Downloads
Views
Total views
3,632
On SlideShare
0
From Embeds
0
Number of Embeds
1,284
Actions
Shares
0
Downloads
38
Comments
1
Likes
2
Embeds 0
No embeds

No notes for slide

Mapping financial data flows

  1. 1. StrategicVisualisationMapping financial data flows Financial data flow
  2. 2. Main concerns regarding financial data flows People find it difficult to understand CFO and relate to financial data flows. We don’t have the overview we need. It is hard to communicate the relevance to the organisation.© 2012 KPMG Statsautoriseret Revisionspartnerselskab, a Danish limited liability company and a member firm of the KPMG network of independent 2member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
  3. 3. Financial data flows often look like this:© 2012 KPMG Statsautoriseret Revisionspartnerselskab, a Danish limited liability company and a member firm of the KPMG network of independent 3member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
  4. 4. But they can also look like this:© 2012 KPMG Statsautoriseret Revisionspartnerselskab, a Danish limited liability company and a member firm of the KPMG network of independent 4member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
  5. 5. Strategic visualisation makes the difference© 2012 KPMG Statsautoriseret Revisionspartnerselskab, a Danish limited liability company and a member firm of the KPMG network of independent 5member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
  6. 6. Financial data flows When creating an overview of financial data flows using strategic visualisation we can see how information moves between departments and who is doing what, when and why.© 2012 KPMG Statsautoriseret Revisionspartnerselskab, a Danish limited liability company and a member firm of the KPMG network of independent 6member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
  7. 7. Financial data flows By including interfaces and interactions into the financial data flows, it becomes clear how roles and responsibilities fit into the big picture. Mapping and co-visualising makes this a true team effort creating involvement and commitment.© 2012 KPMG Statsautoriseret Revisionspartnerselskab, a Danish limited liability company and a member firm of the KPMG network of independent 7member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
  8. 8. Financial data flows In the process of co-visualising the financial overview, operational and financial risks are discovered and mapped. Thereby creating a financial controlling environment that is meaningful and lean. The financial overview picture is used externally as documentation for FSA and other authorities and internally for knowledge sharing and communication.© 2012 KPMG Statsautoriseret Revisionspartnerselskab, a Danish limited liability company and a member firm of the KPMG network of independent 8member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
  9. 9. Example of financial data flow© 2012 KPMG Statsautoriseret Revisionspartnerselskab, a Danish limited liability company and a member firm of the KPMG network of independent 9member firms affiliated with KPMG International Cooperative (KPMG International), a Swiss entity. All rights reserved.
  10. 10. Cutting through complexityContact processes can be both creative, engaging and highly efficient at the same time.Stine ArensbachHead of Strategic Visualisationsarensbach@kpmg.dkwww.kpmg.dk
  11. 11. This presentation gives only a general outline of a topic which may bethe object of KPMGs advice. Although we have tried to avoid errors andomissions in the presentation, KPMG shall not assume any liability forany transactions not covered by our prior advice.© 2012 KPMG Statsautoriseret Revisionspartnerselskab, a Danishlimited liability company and a member firm of the KPMG network ofindependent member firms affiliated with KPMG InternationalCooperative (KPMG International), a Swiss entity. All rights reserved.The KPMG name, logo and ‘cutting through complexity’ are registeredtrademarks or trademarks of KPMG International.

×