On-Demand WEBINAR: Achieving Finance Nirvana SeriesRebecca Dagostino
The definition of ‘Nirvana’ is a state of freedom from all suffering, a state of being perfect. For many finance professionals and finance teams, you are as far away from ‘Nirvana’ as you could be. You are being stretched to the limit by the changing expectations of the organisations you work for. You are suffering from increasing regulatory requirements, increasing volumes of data, increasing demands for information or a combination of all three, often with reduced timelines. This is far from perfect and is causing suffering.
So, how can you, as a CFO or Senior Finance professional, achieve ‘Finance Nirvana’ or at least move towards it?
HAYNE is in a privileged position, working with many leading companies across multiple industries. We get to see how Finance Teams operate. We understand what works and what does not, what is right and what is wrong. We have formed a view on what ‘Finance Nirvana’ is and how it can be achieved. Our mission over this 3 part on-demand webinar series is to share our vision with you.
Hosted by Mark Cracknell ACA, Director and Martin Brown FCCA, CPIM, CSCP from HAYNE Solutions, this is bound to be a well invested few hours of your time.
Start your journey towards ‘Finance Nirvana’
Over these 3 on-demand webinars, we provide an overview of the Finance Team challenges, barriers to efficiency, obstacles to effectiveness and unravel the myth of achieving ‘Finance Nirvana’. We also look at the role that technology plays and the importance of a fully integrated or unified solution that can deliver the core processes; Financial Close & Consolidation, Financial Budgeting/Planning, Financial Reporting/Analysis. The technology we demo is the leading integrated CPM/FPM Solution, CCH Tagetik.
Achieving Finance Nirvana, Part 1 – Financial Close & Consolidation
In Part 1 we focus on the critical Financial Close and Consolidation process, from data collection through eliminations, forex translation, adjustments to final consolidation. We will demonstrate how this process can be automated and controlled and how a full audit trail from ERP to final reported numbers is essential and achievable. We demo CCH Tagetik, a leading integrated CPM/FPM Solution.
Achieving Finance Nirvana, Part 2 – Financial Budgeting, Planning and Forecasting
In Part 2 we focus on the forward-looking Budgeting, Planning and Forecasting process that can be so labour intensive and time-consuming for many organisations and yield so many benefits. We will look at the issues faced by the Finance Team and the barriers to making this particular process more efficient and effective. We will look at the key requirements you should look for in a solution, including the need for control and flexibility, multi-user collaboration and driver-based modeling. We will then demonstrate how a best-in-class process can be delivered to the organisation and the benefits that can be derived – moving you a step close to ‘Finance Nirvana’.We demo CCH Tagetik, a leading integrated CPM/FPM Solution.
Achieving Finance Nirvana, Part 3 – Financial Reporting, Analysis & Disclosure
Here, we will look at how the market-leading CCH Tagetik solution delivers a best-in-class Financial Reporting, Analysis & Disclosure process that enables: Analysis of data, Data consistency, Automatic report assembly, Automatic presentation assembly, Self-service reporting, Control and security and Full end to end auditability. We also summarise Parts 1 and 2, and how the key financial processes can be delivered using the unified CCH Tagetik platform, moving you closer to ‘best-in-class’ and the dream of ‘Finance Nirvana’. We demo CCH Tagetik, a leading integrated CPM/FPM Solution.
Next steps for you?
- Articles to read
- Guide to Financial Close & Consolidation
- Guide to Financial Budgeting, Planning & Forecasting
- Guide to Financial Analysis, Insight, Reporting & Disclosure
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