Do you have the right tools to measure your financial performance? Do you know what elements are necessary to guide your business? Based on last year's rave reviews, Autotask's own Chief Financial Officer, Vince Zumbo, will return to lay out the fundamentals of planning and monitoring your financials for success. Vince will be aided by Autotask Product Manager Joe Rourke who will demonstrate how you can apply what you've learned by leveraging Autotask to support your business' optimal financial health. This session is full of tips, templates and insights that are used by financial professionals today and can be used by organizations of all sizes.
[Presenters: Vince Zumbo & Patrick Burns, Autotask]
Finance Transformation - Best Practices for Accounting and Control - Hernan H...Hernan Huwyler, MBA CPA
How to develop efficient accounting and operational controls as part of a finance transformation initiative. Ideas to streamline the accounting function to improved levels of productivity and faster reporting.
Do you have the right tools to measure your financial performance? Do you know what elements are necessary to guide your business? Based on last year's rave reviews, Autotask's own Chief Financial Officer, Vince Zumbo, will return to lay out the fundamentals of planning and monitoring your financials for success. Vince will be aided by Autotask Product Manager Joe Rourke who will demonstrate how you can apply what you've learned by leveraging Autotask to support your business' optimal financial health. This session is full of tips, templates and insights that are used by financial professionals today and can be used by organizations of all sizes.
[Presenters: Vince Zumbo & Patrick Burns, Autotask]
Finance Transformation - Best Practices for Accounting and Control - Hernan H...Hernan Huwyler, MBA CPA
How to develop efficient accounting and operational controls as part of a finance transformation initiative. Ideas to streamline the accounting function to improved levels of productivity and faster reporting.
The New Revenue Standard is Here: Next StepsTensoft, Inc.
This presentation shows the changes the new revenue recognition standard will bring with it and how a company can prepare for the new standard. Posted with permission from Jeffrey Werner of Werner Consulting Group, who presented on this topic in September 2014.
A presentation on using the balanced scorecard performance measurement /management system integrated with enterprise systems such as Enterprise Resource Planning and Enterprise Asset Management.
Business valuation players a very important in establishing a realistic market value of a business. Another benefit of the process of performing a business valuation report is information on increasing the value and marketability of a business, making the business more attractive in the sale of the business.
"Reinventing Business Basics:Staying Nimble in Any Business Economyselipkin
Presented at the Women in Business Empowerment Workshops on February 9th, 2010 by Sarah Lipkin and Nancy Kappler-Foster of SCORE. Content Created by Sarah Lipkin.
Even companies with great strategic sourcing organizations and process are not capturing the full value of potential savings. It is estimated that companies are not able to capture up to 50% of the savings that they have negotiated. Why is that and how to fix this.
ASC 606: Accounting for Contracts with Customers, transforms the way all companies recognize revenue for the sale of goods and services. The implementation of the new standard impacts processes, people and systems for all sectors of the organization from the accounting and finance team to legal and human resources.
Justine Jacob, Senior Manager and Jordan Scheiderer, Director from MorganFranklin Consulting, have spent the last three years assisting public and private companies assess and implement ASC 606 and transform their revenue recognition processes. In this webinar they'll discuss the new standard, share lessons learned from previous implementations and identify the key areas of impact throughout the organization.
RECONNECT 2014, Oracle Financial Close Management: Streamline Your Close ProcessRJ Linehan
Organizations today face a constant stream of requirements and regulations that add complexity and change to their period-end close processes. Add to that reality a manually-driven approach to ‘closing the books’ and it is not surprising that organizations recognize the value of adopting a tool that can efficiently manage all of their financial close cycles. This presentation will make a case for embracing a unified financial close strategy that incorporates Oracle Hyperion Financial Close Management.
Objectives:
• Demonstrate the benefits of an optimized close process
• Reveal the advantages of increased collaboration
• Exhibit the improvements in user productivity
• Illustrate the value of improved transparency and compliance
• Demonstrate the assurance of reconciliation accuracy
The New Revenue Standard is Here: Next StepsTensoft, Inc.
This presentation shows the changes the new revenue recognition standard will bring with it and how a company can prepare for the new standard. Posted with permission from Jeffrey Werner of Werner Consulting Group, who presented on this topic in September 2014.
A presentation on using the balanced scorecard performance measurement /management system integrated with enterprise systems such as Enterprise Resource Planning and Enterprise Asset Management.
Business valuation players a very important in establishing a realistic market value of a business. Another benefit of the process of performing a business valuation report is information on increasing the value and marketability of a business, making the business more attractive in the sale of the business.
"Reinventing Business Basics:Staying Nimble in Any Business Economyselipkin
Presented at the Women in Business Empowerment Workshops on February 9th, 2010 by Sarah Lipkin and Nancy Kappler-Foster of SCORE. Content Created by Sarah Lipkin.
Even companies with great strategic sourcing organizations and process are not capturing the full value of potential savings. It is estimated that companies are not able to capture up to 50% of the savings that they have negotiated. Why is that and how to fix this.
ASC 606: Accounting for Contracts with Customers, transforms the way all companies recognize revenue for the sale of goods and services. The implementation of the new standard impacts processes, people and systems for all sectors of the organization from the accounting and finance team to legal and human resources.
Justine Jacob, Senior Manager and Jordan Scheiderer, Director from MorganFranklin Consulting, have spent the last three years assisting public and private companies assess and implement ASC 606 and transform their revenue recognition processes. In this webinar they'll discuss the new standard, share lessons learned from previous implementations and identify the key areas of impact throughout the organization.
RECONNECT 2014, Oracle Financial Close Management: Streamline Your Close ProcessRJ Linehan
Organizations today face a constant stream of requirements and regulations that add complexity and change to their period-end close processes. Add to that reality a manually-driven approach to ‘closing the books’ and it is not surprising that organizations recognize the value of adopting a tool that can efficiently manage all of their financial close cycles. This presentation will make a case for embracing a unified financial close strategy that incorporates Oracle Hyperion Financial Close Management.
Objectives:
• Demonstrate the benefits of an optimized close process
• Reveal the advantages of increased collaboration
• Exhibit the improvements in user productivity
• Illustrate the value of improved transparency and compliance
• Demonstrate the assurance of reconciliation accuracy
In many modern major enterprises, financial controllership functions have been just that – functional. Generally focused on managing risk, they have included technical accounting and financial reporting support, the implementation and maintenance of accounting standards, the management, simplification and improvement of processes and the guardianship of internal controls. Insightful controllership provides an entirely new way of looking at financial controllership.
Valuation Process Exploring Industry KPIS and Their ImpactMY Valuation
KPIs measure business performance and progress towards their goals through tracking the effectiveness of projects, processes, campaigns, and strategic changes.
Balanced Scorecard is a management tool that provides stakeholders with a comprehensive measure of how the organization is progressing towards the achievement of its strategic goals.
Balances financial and non-financial measures
Balances short and long-term measures
Balances performance drivers (leading indicators) with outcome measures (lagging indicators)
Leads to strategic focus and organizational alignment.
THE TIME SAVING BENEFITS OF USING BALANCED SCORE CARD AT THE WORKPLACE Abraham Ncunge
Balanced Score card is applied by organizations to promote performance and productivity through efficiency and effective management by embracing Strategic Management
Best Practices in Implementing and Delivering Value from Your CPM SolutionsProformative, Inc.
View on Proformative: http://www.proformative.com/resources/presentation-best-practices-implementing-delivering-value-your-cpm-solutions
The CFO’s role has evolved from traditional reporting and controlling, to decision support and strategic execution. There is a growing expectation that the CFO will be a trusted adviser to the executive team, and will lead the Finance organization to embrace the role of business partner. This demanding transition has been driven by the desire to raise the bar and deliver value for investors and other key stakeholders.
In this best practice workshop, learn from seasoned Finance experts how best in class finance functions have used corporate performance management (CPM) as a foundation for driving these necessary changes, and for leading the finance organization into a new, value-added role.
In summary, in attending this workshop you will find:
* A roadmap for integrating strategic planning, operational planning, budgeting, and reporting into a complete CPM solution
* Operational readiness: How to tell if your Finance organization is up to the challenge
* How to leverage your existing CPM solution to enhance and improve finance operations processes
* Tips and traps for selecting the right CPM solution for your organization
* Bonus Material: Results of recent survey of 150+ companies experience with Rolling Forecast
Presentation delivered at ProformaTECH 2014 - http://www.proformatech.com
Workshop
4. What a CFO does…
• Act as a right hand to the CEO/Business Owner
• Capitalize the company and preserve financial strength, business
controls with timely direction based navigation
• Monitor, Measure ( KPI’s ) and continually propose improvements to
the performance of the business with an eye on opportunities for
organic & inorganic growth based on economy & market trends
• Maintain a deep command of business fundamentals and financial
performance, including comparison to relevant benchmarks
• Maintain deep relationships with key external stakeholders (directors,
investors, lenders, bankers, analysts, competitors, industry peers)
5. Finance Function – Is it organised ?
Cash Conversion Cycle
Working capital – Benchmarking
Financial leverage : Cost v Cycle
Capex v Opex decision
Controls & Automation
Internal control s – Check leakages
Robust processes on key segments
Synch automation & IT interfaces
Closing Process
Data integrity driven timely
closing across organisation
Sensible MIS with data analytics
KPI based cross functional
reviews on business plan
Compliance Management
Calendar for governance
Transactions structuring –
Domestic & Cross-Border
KRA/SLA : Third party advisors
Key elements
Finance Function
6. KPI ( Key Performance Indicators) )
*KPI : A measure of how well a process or area in the overall business is
performing for better management, actionable & accountable
*To Identify Critical Success Factors, ask which processes :
* Are vitally important to achieving your vision/maintaining your
differentiation or competitive edge?
*Are most important to the customer ?
*Have the greatest impact on cash flow & ROI ?
*Directly impacting team morale ?
*What can be measured?
*Operational performance – A straight measure of an activity
*Financial performance – Results comparison, benchmarking with peers
*Product/service quality – Warranty issues
*Customer satisfaction – Loyalty to your product/service
*Employee satisfaction –Attrition , salary comparison or morale
*Help to identify existing or emerging problems, as well as negative trends
*Promote understanding of areas critical for success & strategic insight
7. Finance function: Adding clarity to Business Growth
* Operational Excellence : Innovation & Plugging leakages
* Customer Retention : Collaborative Pricing Relationship
* Let “Go” : Decentralize Processes for scale & growth
* People Platform – Value creation & Incentivisation matrix
* Capitalization : Leveraging capital with financial markets
* Inorganic Growth : Management & Market depth test
* Branding – All about Quality to protect margin play
* Governance Rhythm : Follow law of land : Be Compliant
Best CFOs will provide leverage to the CEO to help Scale & Sanity
CFO add bandwidth to Business Owner with Traditional & Strategic role
9. We offer Chief Financial Officer / Financial Controller (CFO/FC)
Services on outsourcing basis by Integrating Business X Finance
Unique proprietary CFO Services measurable engagement
( Tx + Fx + Ix )
50+ Clients with current aggregate INR1400 cr. + Revenue under
CFO mandates with 12 CFO Partners across 6 cities in India
More details – www.ixcfo.com
E-Mail sanjay.gaggar@ixcfo.com; info@ixcfo.com
Mobile – 098675 55852
Thanks & Warm Wishes for Festive
Season
ixCFO