Aligning Strategy and Execution with Enterprise Performance Management (EPM)
|
|
- Harold Bishop
- 5 years ago
- Views:
Transcription
1 Aligning Strategy and Execution with Enterprise Performance Management (EPM)
2 Today s Speakers Jim Perry Director, EPM Enablement, Infor Jim is a Director in Infor s EPM and BI practice. With a background in strategy and corporate finance, Jim has lectured extensively on best practices in FP&A and BI. Jim has an MBA in Finance from Rutgers Business School, a certificate in Data Science from MIT Sloan School of Management, and is a registered Six-Sigma Black Belt. 2
3 Today s Speakers Lee Johnston VP, Finance and Corporate Strategy, LT Apparel Group Lee is responsible for providing insight that enables timely, mission-focused decision-making in addition to ensuring investments and enterprise architecture are aligned with LT s strategic goals. Lee is passionate about communicating data and eliminating inefficient business processes via technology. 3
4 Infor EPM Practice Overview
5 Business challenges we see No single source of truth Too much data Too little insights Strategy disconnected from results Lack of visibility into performance and risk 3
6 What if you could have Single Integrated data platform Business Intelligence everywhere Combined planning and analytics Focused automated insights 4
7 Strategy alignment and execution framework
8 Organizational Strategy Alignment Organizational strategy is intended to align individuals, teams, and business units to achieve corporate goals. Business Units Individuals Corporate Strategy Teams
9 Organizational Strategy Alignment Challenge: When it comes to strategic execution, organizations can run into trouble, especially during times of significant change. The reasons for the strategy - execution gap vary by organization, but typically include the following: Solution: Alignment is needed to embed a framework for strategic execution deep within the operational fabric of the organization. Insufficient executive sponsorship Poor communication of strategy to employees Unclear delegation of duties Lack of alignment between corporate strategy and organizational incentive programs
10 Two in three CFOs say that their companies do not yet have the capabilities for agile decision making, scenario planning, or decentralized decision making that are required to remain competitive in the coming years. McKinsey & Company December 2016
11 Organizational strategy alignment According to an April 2016 report by pwc, more than half of all organizations studied are not ready to execute new business strategies in response to rapid, transformational change.
12 Organizational Strategy Alignment 1. Discuss how to engender a metrics-driven organization 2. Explore the value of deploying an Enterprise Performance Management (EPM) solution to bridge the gap between strategy and execution in business planning and consolidation; profitability management; and governance, risk, and compliance (GRC)
13 Execution framework
14 Execution framework In order to create a link between strategies, budget, forecasts, operational plans, and actions, McKinsey & Company recommends that firms utilize best-in-breed software solutions to systematize best practices across the entire enterprise.
15 Organizational strategy alignment EPM is broadly used to reference a system that controls a set of integrated financial planning and performance management processes: Managerial Reporting Profitability Management Multi-year Financial Forecasting EPM Capital Planning Detailed Budgeting Financial Reporting KPI Definition Scorecards
16 Execution Framework Planning and measurement activities are often supported by spreadsheets and proprietary applications based on incomplete and fragmented data sets. This requires Finance to manually manipulate data, leading to data integrity issues and less time available for more value-added analysis that can enable better decision support. As the business logic and drivers for these plans gets more complex, existing desktop applications (and even many new EPM technologies) simply do not have the horsepower and in-memory system architecture required to support the business.
17 Execution Framework Today: Focus on reporting Insights are hard to uncover and locked underneath an abundance of disparate reports Use of Microsoft Excel which has limited analytical and collaboration capability Focus on descriptive analytics using a hindsight lens (rear view mirror) Tomorrow: Focus on analytics Generate value out of existing databases where insights can be buried amongst a veritable mountain of data Liberate the data to enhance decision support and drive profitable outcomes Focus on the future using predictive analytics and what if scenario analysis as you move forward Faster access to insights, quicker response to market shifts, and more innovation
18 Defining an overall corporate strategy
19 Defining an Overall Corporate Strategy Many organizations use Microsoft Excel to define strategy and develop KPIs to measure success. What Excel won t give you: Support for collaboration among stakeholders who need to participate in ongoing discussion, work together on financial documents, and gain insight for actionable decision support Scalability or efficiency necessary to be sustainable to perform the complex analyses required for effective execution While Excel is useful for a quick ad hoc analysis, a secure and scalable EPM platform is preferable to address the evolving business modeling, data insights, and scenario planning now required by strategic Finance.
20 Integrated Enterprise Performance Management (EPM) Process
21 Integrated EPM Process Having the right data insights is critical for leaders to drive business growth, navigate risk, and optimize value creation in complex and uncertain environments. Finance organizations that support these needs are embracing financial performance analytics. The use of data, structure analysis, and systematic reasoning to make decisions that drive performance is a pivotal capability, powering EPM processes including budgeting, forecasting, and action planning.
22 Integrated EPM Process The ability to anticipate and react quickly to changes in the market can yield rewards in terms of new business, higher customer satisfaction, and greater customer retention.
23 Integrated EPM Process As a strategic partner to the business, Finance is now responsible for providing meaningful, actionable insights to facilitate informed decision support. Traditional CFO What happened? Review of static reports Reactive analysis of historical data Modern CFO Why is this happening? Work to understand what actions are needed Focus on what will happen next?
24 I. Define and Plan
25 Strategic planning Plan: Develop a multi-year plan (usually 3 to 5 years) to establish the organization s strategic positioning and long-term goals Challenges: Inability to clearly articulate strategic goals Poor understanding of key drivers of business value Internally focused objectives that don t align with the external market or stakeholders expectations Solution: Focus on strategic alignment utilizing driver-based planning and forecasting
26 II. Execute and Operate
27 A. Business planning Plan: Develop key strategic initiatives by BU to demonstrate how to execute strategies and reach targets, including identifying gaps to execution Challenges: Failure to align BU plans to overall corporate strategy Ignoring intangible assets such as employee engagement and brand value in the planning process Underplaying planning significantly Solution: Link business unit objectives closely to corporate strategy and targets Balance planned investments between tangible and intangible assets Achieve agreement on all key initiatives at the BU level
28 B. Forecasting This encompasses the prediction of the expected performance of the organization over a predetermined time horizon and is performed periodically to reflect changes in the internal and external environment. Organizations may undertake forecasting without a clear purpose in mind and fail to differentiate it from target setting and resource allocation. Many Finance professionals focus on lagging gaps between forecasts and actual performance, depriving themselves of the much-needed lead time to pivot to changes in the business.
29 C. Driver-based Approach to Execution Financials Reported actuals are outcomes and are by nature lagging indicators on past performance. Key Activities/ Drivers The activities or drivers that generate financial outcomes must be identified in order to understand and model the enterprise. They are, in modeling terms, the independent or predictor variables. Plan Execution There needs to be a focus on the main causal factors that should be highlighted and leveraged for financial planning.
30 C. Driver-based Approach to Execution Benefits of incorporating operational drivers: 1. Enable organizations to design financial models that focus on the leading versus lagging indicators. Note: Too often budget systems are constructed by keying in financial outcomes with no real insight into how those outcomes will be achieved. 2. Provide much greater insight into what s actually going on in the organization. Note: All BvA reports can and should include not only financial variances, but operational variances as well. 3. Enable planners to evaluate alternative scenarios. Note: No one knows the future, but a well-constructed driver-based model enables planners to understand and model the sensitivity to key assumptions. 4. Increase the predictive accuracy of your forecasts and models. Note: Once drivers are collected and incorporated into the business logic of your budget or forecast, one can back-test and fine-tune the logic based on actual experience, improving the predictive quality of your planning model through time.
31 C. Driver-based Approach to Execution Driver-based and history-driven logic can help to seed the plan mathematically in alignment with corporate goals, greatly reducing the amount of input required by planners and ultimately helping to automate and shorten budgeting cycles. The nuances of driver-based planning models are especially difficult to manage using conventional desktop applications like Excel. Driverbased logic Historydriven logic Strategy execution & corporate goals alignment
32 III. Analyze and Monitor
33 A. Data Aggregation Plan: Gather and present data in a report-based summary to support business objectives Challenges: Building consistency in data structures and centralizing data quality management Local performance responsibilities mean that BUs and functions may develop their own master data, reporting and analytics capabilities Risk of moving away from focusing on information that is linked to measuring overall enterprise strategy execution Solution: Under an EPM framework individuals involved in the setup and maintenance of master data elements are educated in the need for increased consistency in data structures and improved quality management More consistent and broad-based data can ultimately be used to generate insights focused on internal measures and/or combined with third-party information, which can multiply the value of information exponentially
34 A. Data Aggregation Plan: Collect and organize information and present insights drawn from review Challenges: Key information may be made available in reports and dashboards, but regular performance review routines may not be established Lack of structured agenda when reviewing information during meetings, derailing decision process Key documentation to support decision making may not be available before the meeting, or may be too lengthy and/or detailed to be of real value Solution: Focus instead on performance reviews which determine specific actions to close gaps between forecasts and committed targets The reviews should then articulate how strategies are executed. The health of the business should be tracked at all levels, with a focus on trend analysis of actual performance
35 C. Action Planning The final element of Analyze and Monitor is action planning, the process of identifying specific activities intended to close the gaps between forecasts and targets. The action plan includes recommendations for reducing the gap to target, with the expected outcomes from decided upon actions added to the forecast for the remaining months of the year and beyond fiscal year-end.
36 D. Conclusion More is being asked of Finance professionals than ever before. The complexities and uncertainty of today s global economy is demanding that Finance be more agile and responsive to organizational needs. As performance management frameworks become increasingly more integrated across financial and operational sources, the level of modeling sophistication required will continue to increase.
37 EPM Best Practices at LT Apparel Group
38 1. Why not Excel? 2. Three keys to strategy alignment 1. Integration and collaboration 2. Business intelligence 3. Transparency & agility 3. Successes, challenges and next steps
39 1. Why not Excel? 2. Three keys to strategy alignment 1. Integration and collaboration 2. Business intelligence 3. Transparency & agility 3. Successes, challenges and next steps
40 Let s Be Fair
41 ERP GL AP Updating Models With Current Data VLOOKUP() SUMIF() INDEX((MATCH))
42 Workbook Maintenance or Lack Thereof
43 Formula and Link Errors
44 Version Control
45 Frustration
46 1. Why not Excel? 2. Three keys to strategy alignment 1. Integration and collaboration 2. Business intelligence 3. Transparency & agility 3. Successes, challenges and next steps
47 Integration
48 Collaboration
49 Enterprise Performance Management
50 1. Why not Excel? 2. Three keys to strategy alignment 1. Integration and collaboration 2. Business intelligence 3. Transparency & agility 3. Successes, challenges and next steps
51 Leverage Your Data & Identify KPI s and KPD s
52 Good News or Bad News?
53 1. Why not Excel? 2. Three keys to strategy alignment 1. Integration and collaboration 2. Business intelligence 3. Transparency & agility 3. Successes, challenges and next steps
54 Budgets Or
55 Promote a Culture of Transparency
56 Re-forecast Often Continuously Improve
57 Project Far Enough Into the Future to Allow for Action Concept Consumer
58 1. Why not Excel? 2. Three keys to strategy alignment 1. Integration and collaboration 2. Business intelligence 3. Transparency & agility 3. Successes, challenges and next steps
59 Successes: Single Source of Truth for Financial Information Inter-departmental collaboration
60 Successes: Reporting Time Agility and Decision Making
61 Challenges: Data Management Culture Shift
62 Next Steps: Expand User-base Balance Sheet, Cash Flow Modeling
63 Thank you for attending today
Enterprise Transformation Methodology Strategic Roadmap Development
Enterprise Transformation Methodology Strategic Roadmap Development White Paper Contents Think Big, Start Small, Deliver Quickly... 3 Transformation Roadmap... 3 Fundamental Business Drivers... 4 Enterprise
More informationFull Steam Ahead: Finance On Board With Automation
Full Steam Ahead: Finance On Board With Automation EXECUTIVE SUMMARY Automation can either put CFOs on track for finance transformation or derail their efforts. Success will depend on automating the right
More informationCompletely Agile Planning with Oracle Enterprise Planning Cloud
Completely Agile Planning with Oracle Enterprise Planning Cloud Summary CEOs continue to want to cut costs in some areas while increasing them in other, more strategic ones, in order to compete in today
More informationInfor PM 10. Do business better.
Infor PM 10 Infor PM is designed for companies in all industries that seek to better monitor, measure, and manage their business performance in real time. Do business better. The speed, complexity, and
More informationINFOR PM 10 DO BUSINESS BETTER. LEVERAGE EXPERIENCE.
Infor PM is designed for companies in all industries that seek to better monitor, measure, and manage their business performance in real time. INFOR PM 10 DO BUSINESS BETTER. The speed, complexity, and
More informationDecision Support and Business Intelligence Systems (9 th Ed., Prentice Hall) Chapter 9: Business Performance Management
Decision Support and Business Intelligence Systems (9 th Ed., Prentice Hall) Chapter 9: Business Performance Management Learning Objectives Understand the all-encompassing nature of performance management
More informationAnalytics: The Widening Divide
Neil Beckley, FSS Leader, IBM Growth Markets Analytics: The Widening Divide How companies are achieving competitive advantage through analytics What you will take away from this session 1 Understand Why
More informationDeliver All Analytics for All Users Through a Single Product in the Cloud
SAP Solution in Detail SAP Analytics Cloud Deliver All Analytics for All Users Through a Single Product in the Cloud Table of Contents 3 Quick Facts 4 Harness the Cloud for a Brand-New Analytics Experience
More informationLuc Goossens Benelux Technical Sales and Solutions Leader
IBM BUSINESS ANALYTICS SUMMIT 2014 Luc Goossens Benelux Technical Sales and Solutions Leader Performance Management FOR THE FUTURE READY ENTERPRISE Pervasive connectivity Transformation forces Change how
More informationOVERVIEW. Learn the secrets to BI success
Business Solution Partners WHITE PAPER 15 Bryant Avenue, Roslyn, NY 11576 516-609-5000 info@bspny.com www.bspny.com 5 Secrets to Success With Business Intelligence OVERVIEW Learn the secrets to BI success
More informationORACLE HYPERION PLANNING
ORACLE HYPERION PLANNING KEY FEATURES AND BENEFITS KEY FEATURES: Multi-dimensional / multi user planning with a powerful business rules engine Flexible workflow and plan management capabilities Comprehensive
More informationA Case for FP&A Transformation
A Case for FP&A Transformation Robert S. Hull, Founder and Chairman Adaptive Insights rhull@adaptiveinsights.com 1 1 Session Objectives Hear Adaptive Insights founder Rob Hull discuss why now is the time
More informationThe 2014 Guide to SAP Enterprise Performance Management (EPM) Solutions: An excerpt. David Williams SAP
The 2014 Guide to SAP Enterprise Performance Management (EPM) Solutions: An excerpt David Williams SAP Performance Management Challenges for Finance The new normal for Finance professionals Volatile economic
More informationDeliver All Analytics for All Users Through a Single Product in the Cloud
SAP Solution in Detail SAP BusinessObjects Cloud Deliver All Analytics for All Users Through a Single Product in the Cloud Table of Contents 3 Quick Facts 4 Harness the Cloud for a Brand-New Analytics
More informationWhite Paper Describing the BI journey
Describing the BI journey The DXC Technology Business Intelligence (BI) Maturity Model Table of contents A winning formula for BI success Stage 1: Running the business Stage 2: Measuring and monitoring
More informationIBM Planning Analytics Express
Performance management and business intelligence for midsize organisations IBM Planning is a performance management (PM) and business intelligence (BI) solution for midsize organisations. It delivers the
More informationThe Complete Sales Planning Handbook
THE COMPLETE SALES PLANNING HANDBOOK The Complete Sales Planning Handbook What You Need to Know to Build the Right Structure for a Successful Year EBOOK 1 TABLE OF CONTENTS SECTION ONE: BUILDING THE PLAN
More informationSmart strategies for difficult times - Oracle roadmap to management excellence
Smart strategies for difficult times - Oracle roadmap to management excellence Oana Craciunescu EPM Sales Leader South Eastern Europe Agenda Expanding From Operational Excellence
More informationDelivering Governed Self-Service BI across the Enterprise
Delivering Governed Self-Service BI across the Enterprise 1 TABLE OF CONTENTS Introduction... 3 Key Self-Service BI Governance Capabilities... 4 Top 10 Success Factor Features... 4 Self-Service Governance
More informationInfor PM for Manufacturing
Infor PM for Manufacturing The software automates so many of our monthly reporting processes that it gives us more time to spend on analysis as well as the ability to quickly respond to management inquiries.
More informationFinancial Performance Management for Midsize Companies. Chris Evers ecapital Advisors Jean Nitchals ecapital Advisors
Financial Performance Management for Midsize Companies Chris Evers ecapital Advisors Jean Nitchals ecapital Advisors Agenda Cognos & ecapital Advisors At a Glance What is Performance Management? Challenges
More informationTHE NEW CFO DELIVERING BUSINESS VALUE IN THE DIGITAL AGE
THE NEW CFO DELIVERING BUSINESS VALUE IN THE DIGITAL AGE INTRODUCTION After nearly a decade of prioritizing cost reduction and defensive revenue protection, companies are again focused on increased competitiveness
More informationNext Generation Planning & Analysis Thursday 29 October SAP SE or an SAP affiliate company. All rights reserved. Public
Next Generation Planning & Analysis Thursday 29 October 1 Welcome Waldemar Adams SVP Analytics, SAP EMEA SAP would like to thank our sponsor New Opportunity for Financial Excellence Increasing complexity
More informationIBM Planning Analytics
Speed, agility and foresight Powered by IBM TM1 Highlights Automates manual, spreadsheet-based planning, budgeting, forecasting, reporting and analysis Links operational tactics to financial plans, synthesizes
More informationOilpocalypse Now: Weathering the Storm with Integrated Project Management Samarth Jain Andrew Lavinsky
Oilpocalypse Now: Weathering the Storm with Integrated Project Management Samarth Jain Andrew Lavinsky June 2, 2015 Devon Energy Center Oklahoma City, Oklahoma, USA Welcome 3 Agenda Business Context Importance
More informationPROCESS LED TRANSFORMATION & SUSTAINABILITY
PROCESS LED TRANSFORMATION & SUSTAINABILITY BUSINESS PROCESS MANAGEMENT USE CASE IMPRIVA Inc. 101A Clay St. #196 San Francisco, CA 94111 877.838.9714 www.impriva.com US Content Pain Point 3 Key Terms 3
More informationWhite Paper January Budgeting: Beyond spreadsheets
White Paper January 2010 Budgeting: Beyond spreadsheets 2 Contents 3 Business problems 3 Business drivers 3 The solution Break the logjam Modeling built for business change Fewer process headaches, more
More informationDriving Digital Business Transformation with Oracle Enterprise Performance Management
Driving Digital Business Transformation with Oracle Enterprise Performance Management Disclaimer The following is intended to outline our general product direction. It is intended for information purposes
More informationDRIVING PERFORMANCE IN FINANCIAL SERVICES. New Approaches. for. the Data Driven CFO. a publication by
DRIVING PERFORMANCE IN FINANCIAL SERVICES New Approaches for the Data Driven CFO a publication by and Introduction Intuitively, many of us recognize that the decision window for executives has been shrinking
More informationInfor F9 Webinar: Powerful Excel-based Financial Reporting for Infor10 ERP Express (VISUAL) If you know Excel, you know F9
Infor F9 Webinar: Powerful Excel-based Financial Reporting for Infor10 ERP Express (VISUAL) If you know Excel, you know F9 David Stewart, Infor F9 Account Manager Agenda Infor F9 Company Overview What
More informationUsing Technology as a Differentiator
Using Technology as a Differentiator HFMA Region 9 Free Webinar Arial 18pt. Secondary Header for Budgeting, Planning and Forecasting Tuesday, December 15, 2015 12:00pm 1:00pm CT Speakers Noel Phillips,
More informationDeltek Costpoint Business Intelligence. Helping government contractors make faster, more confident decisions
Deltek Costpoint Business Intelligence Helping government contractors make faster, more confident decisions Make New Discoveries into the Performance of Your Business The most comprehensive, flexible data
More informationROLE OF BUSINESS INTELLIGENCE (BI) CYCLE IN WORK SCHEDULING: AN OVERVIEW
ROLE OF BUSINESS INTELLIGENCE (BI) CYCLE IN WORK SCHEDULING: AN OVERVIEW Arti Mishra 1 Abstract The aim of every organization is to achieve its set goals and objectives as well as secure competitive advantage
More informationPredictive Planning Finance Transformation 12 June 2018
Predictive Planning Finance Transformation 12 June 2018 Three main pillars drive and increase the maturity of the forecasting process Aligning Financial Strategy, Modelling Finance & Predictive & Operations
More informationModern Planning: Streamlined, More Relevant and Driving Performance
: Streamlined, More Relevant and Driving Performance Ideas for improving your planning processes and leveraging leading technologies Executive Summary: 64% of finance practitioners say their budget process
More informationArchitecting a Digital Supply Chain with Birst. How Citrix unified hundreds of data sources and increased inventory turns 5X.
Architecting a Digital Supply Chain with Birst How Citrix unified hundreds of data sources and increased inventory turns 5X. A C A S E S T U D Y Improving Supply Chain Performance Reliability up 10 percentage
More informationIntelligent Payment Management for Today and Tomorrow Technology Advancement to Navigate the Converging Payments Landscape
Intelligent Payment Management for Today and Tomorrow Technology Advancement to Navigate the Converging Payments Landscape Adapting to the Evolution of Payments The payments industry has evolved extensively
More informationWorkday Financial Management
Workday Financial Management Today s businesses compete in markets that are increasingly global and rapidly changing. Finance organizations face mounting pressure to go beyond just managing accounting
More informationEnterprise Performance Management Bridging the Gap from Strategy to Operations
Enterprise Performance Management Bridging the Gap from Strategy to Operations A White Paper by Guident Technologies, Inc. Adam Getz Business Intelligence Architect May, 2007 2007 Guident 1 Summary In
More informationINCREASE BUSINESS FLEXIBILITY BY RATIONALISING BUSINESS APPLICATIONS AND ADOPTING CLOUD-BASED ERP SYSTEMS.
INCREASE BUSINESS FLEXIBILITY BY RATIONALISING BUSINESS APPLICATIONS AND ADOPTING CLOUD-BASED ERP SYSTEMS. To satisfy the volatile requirements faced by businesses today and successfully tackle the challenges
More informationAn Executive s Guide to Driving ERP Efficiency in a Multiple Entity Environment
An Executive s Guide to Driving ERP Efficiency in a Multiple Entity Environment for Optimal High-Level Performance #201 4238 Lozells Avenue Burnaby, BC V5A 0C4 +1-604-522-6300 sales@binarystream.com www.binarystream.com
More informationKPMG s financial management practice
KPMG s financial management practice kpmg.com KPMG LLP s (KPMG) Financial Management (FM) practice supports the growing agenda and increased responsibilities of the CFO. We work with our clients with passion
More informationACCURACY DRIVES AGILITY IN FINANCIAL PLANNING AND ANALYSIS
KB ACCURACY DRIVES AGILITY IN FINANCIAL PLANNING AND ANALYSIS April 2018 Michael Lock Senior Vice President of Research, Analytics and Business Intelligence Benjamin Cavicchi Research Analyst, Financial
More informationGreater visibility and better business decisions with Business Intelligence
Greater visibility and better business decisions with Business Intelligence 3 Table of contents Introduction 3 Introduction 5 Your challenge: too much data 6 Four key aspects when considering Business
More informationWelcome. Facilities. Public Meeting. Restroom Cafe
DECEMBER 19, 2018 Welcome 3 Facilities Restroom Cafe Public Meeting Noticed as Public Meeting due to ESC member participation Materials available on Florida PALM web site for public Recording meeting for
More informationSpotlight: Robotic Process Automation (RPA) What Tax needs to know now
May 2017 Spotlight: Robotic Process Automation (RPA) What Tax needs to know now The emergence of smart robotic process automation changes the game: Intelligent Automation in the Digital Age Business process
More informationSpotlight: Your Tax function Automated and empowered
Spotlight: Your Tax function Automated and empowered June 22, 2018 ENTER > > Leading in Welcome to the Tax Function of the we spotlight topics relevant to Tax with a focus on what Tax needs to do now to
More informationBUSINESS CASE. How Investing in a Unified Internship and Early Career Program Management Solution Keeps Your Company Ahead of the Competition
BUSINESS CASE How Investing in a Unified Internship and Early Career Program Management Solution Keeps Your Company Ahead of the Competition EXECUTIVE SUMMARY This Business Case examines the enterprise-wide
More informationWorkday Financial Management
Workday Financial Management Today s businesses compete in markets that are increasingly global and rapidly changing. Finance organisations face mounting pressure to go beyond just managing accounting
More informationWhite Paper. SAS IT Intelligence. Balancing enterprise strategy, business objectives, IT enablement and costs
White Paper SAS IT Intelligence Balancing enterprise strategy, business objectives, IT enablement and costs Contents Executive Summary... 1 How to Create and Exploit IT Intelligence... 1 SAS IT Intelligence:
More informationHilton Hawaiian Village Waikiki Beach Resort STORY BEHIND THE SUCCESS
STORY BEHIND THE SUCCESS Hilton Hawaiian Village Waikiki Beach Resort Overview The landscape of the global hospitality industry continues to change at a rapid pace. Many trends drive these dynamics, including
More informationIBM Business Intelligence and Business Analytics
IBM Business Intelligence and Business Analytics Ganesh 1 Kedari IBM India Software Labs, Pune #1 concern Business Analytics 83% Virtualization 76% Risk Management & Compliance 71% Mobility Solutions 68%
More informationAutomated Service Intelligence (ASI)
Automated Service Intelligence (ASI) Enriching information for action Automated Service Intelligence (ASI) Enriching information for action The New Challenge For The Intelligent Business As the pace of
More informationFinancial Planning & Analysis Solution. A Financial Planning System is one of the core financial analytics applications that an enterprise needs.
Financial Planning & Analysis Solution A Financial Planning System is one of the core financial analytics applications that an enterprise needs. Trusted Experts in Analytics What is Financial Planning
More informationAgile Master Data Management
A better approach than trial and error by First San Francisco Partners 2 Common MDM initiative and benefit Customer Optimization Improve up-sell, cross-sell and customer retention Access full-customer
More informationThe New, Extended Oracle Business Intelligence - A System for Enterprise Performance Management. Gavin Dupre Director, BI Sales Consulting EMEA
The New, Extended Oracle Business Intelligence - A System for Enterprise Performance Management Gavin Dupre Director, BI Sales Consulting EMEA BI Strategy Analyst session on BI strategy mid-july (Hyperion
More informationArchitecting a Digital Supply Chain with Birst. How Citrix unified hundreds of data sources and increased inventory turns 5X.
Architecting a Digital Supply Chain with Birst How Citrix unified hundreds of data sources and increased inventory turns 5X. A C A S E S T U D Y Improving Supply Chain Performance Reliability up 10 percentage
More informationCA. Krishna Prasad. Discussion paper For Workshop on Reporting and Business Intelligence Tools 22 nd Sep 12. BI Solutions for all enterprises
CA. Krishna Prasad Discussion paper For Workshop on Reporting and Business Intelligence Tools 22 nd Sep 12 BI Solutions for all enterprises Business Intelligence (BI) Generic briefing Is an effort of converting
More informationAre You a Modern Distributor?
WHITE PAPER Introduction The distribution industry has changed a great deal over the past several years as more companies use the Internet to gather information about products or to buy from online resources
More informationEnd-to-end Business Management Solution for Small to Mid-sized Businesses
End-to-end Business Management Solution for Small to Mid-sized Businesses Successfully manage and grow your business with a comprehensive, simple, total business management solution for SMBs. The SAP Business
More informationDecision-Making Platforms
A CFO S GUIDE TO Decision-Making Platforms that help inform business decisions INTRODUCTION: Closing the Data Gap with Decision-Making Platforms As the role of modern CFOs expands, finance chiefs are tasked
More informationYOUR PLANNING & REPORTING SUDDENLY GOT EASIER AND MORE EFFECTIVE!
YOUR PLANNING & REPORTING SUDDENLY GOT EASIER AND MORE EFFECTIVE! "We went from complex, inefficient spreadsheets to an automated, transparent and efficient forecasting, budgeting & reporting environment."
More informationOracle Planning and Budgeting Cloud Service
Oracle Planning and Budgeting Oracle Planning and Budgeting has enabled over a thousand organizations of various sizes to quickly adopt world-class planning and budgeting applications with no CAPEX infrastructure
More informationThe SAP BusinessObjects. Supply Chain Performance
SAP Solution in Detail SAP BusinessObjects Enterprise Performance Management Solutions SAP BusinessObjects Supply Chain Performance Management Improving Supply Chain Effectiveness The SAP BusinessObjects
More informationIdentifying the Role of the Finance Function in Enterprise Performance Management
Identifying the Role of the Finance Function in Enterprise Performance Management Introduction from Charles Tilley, Chair, IFAC Professional Accountants in Business (PAIB) Committee Wh y E n t e r p r
More informationIntegrated Planning The Sasol Oil Journey BACKGROUND LENUSHKA NAIDOO
Integrated Planning The Sasol Oil Journey LENUSHKA NAIDOO BACKGROUND Historically, the portfolio of work for the planning function in Sasol Oil spanned production planning and high-level supply and demand
More informationKRONOS LABOR for MANUF ANAL ACTURING YTICS
LABOR KRONOS for ANALYTICS MANUFACTURING Tired Increase of Budget Productivity, Surprises Control and Costs Missed and Productivity Gain a New Competitive Targets? Edge Get Predictable Results with ON-DEMAND
More informationSimplicity in reporting and analytics for Microsoft Dynamics AX. analytics. Your next generation BI application
Simplicity in reporting and analytics for Microsoft Dynamics AX analytics Your next generation BI application 48% Deliver BI Success with Exceed Analytics CFO Dashboard of BI and analytics decision makers
More informationProject management practices for asset maintenance: A Guide for Power, Energy & Process Industries
Project management practices for asset maintenance: A Guide for Power, Energy & Process Industries One of the critical challenges faced by companies in the power, energy & process industries, including
More informationGUIDEBOOK ADAPTIVE INSIGHTS
GUIDEBOOK ADAPTIVE INSIGHTS December 2013 July 2013 Document NX THE BOTTOM LINE Although corporate performance management (CPM) solutions have been in the market for some time, a new set of vendors such
More informationFive things to look for in an enterprise planning and budgeting solution
Five things to look for in an enterprise planning and budgeting solution As companies struggle with the uncertainties of rapidly recovering markets and global instabilities, many have come to realize that
More informationCFO Breakfast Talk. Corporate Performance Management: Why Real Time alone is not good enough. 24 August
CFO Breakfast Talk Corporate Performance Management: Why Real Time alone is not good enough 24 August 2018 www.moorestephens.com.sg ADDING VALUE TO YOUR BUSINESS Agus Tirtoredjo Background: 22 years of
More informationIncreasing the value of SAP with quick and flexible data discovery
Qlik connectivity with SAP Increasing the value of SAP with quick and flexible data discovery Organizations spend millions of dollars automating their business processes. But unfortunately, many still
More informationHOW FINANCE CAN TRANSFORM THE BUSINESS BY HARNESSING ROBOTIC POWER
HOW FINANCE CAN TRANSFORM THE BUSINESS BY HARNESSING Looking Beyond Cost Savings to Bring Value to the Business 2 I HOW FINANCE CAN TRANSFORM THE BUSINESS BY HARNESSING INTRODUCTION: LEVERAGING ROBOTICS
More informationHyperion - total planning and budgeting. Michał Kozłowski, EPM Solution Sales Poland, Lithuania, Latvia, Estonia
1 Hyperion - total planning and budgeting Michał Kozłowski, EPM Solution Sales Poland, Lithuania, Latvia, Estonia Agenda Overview Enterprise Planning Solution Overview Delivering World Class Enterprise
More informationThe 5 Levels of Corporate Performance Management (CPM) Maturity: Climbing to the Top Floor
Sponsor Ask, Share, Learn Within the Largest Community of Corporate Finance Professionals The 5 Levels of Corporate Performance Management (CPM) Maturity: Climbing to the Top Floor Learning Objectives
More informationToday, an accurate financial position provides a competitive advantage; tomorrow it enables planning that is actionable, constant, and fluid.
HINDSIGHT, INSIGHT, FORESIGHT Today, an accurate financial position provides a competitive advantage; tomorrow it enables planning that is actionable, constant, and fluid. One of the key duties of the
More informationIntroducing the New BizFlow DELIVERING PRODUCTIVE PROCESSES...FASTER
Introducing the New BizFlow DELIVERING PRODUCTIVE PROCESSES...FASTER THE COMMON DENOMINATOR Organizations have different products and services. They have different pricing models and channel strategies.
More informationBeyond the hype: RPA uncovered The Arvato way
Beyond the hype: RPA uncovered The Arvato way The Arvato Approach to RPA 30% 60% 50% of Order to Cash BPO contracts have deployed RPA Potential cost reductions from RPA implementation of work generally
More informationThe Tax Function of the Future Focal Point on Tax Analytics The next frontier
the Future series November 2016 The Tax Function of the Future Focal Point on Tax Analytics a new capability for Tax functions is gaining momentum as it promises to expand greatly the Tax function s ability
More informationGetting to S&OP Success
Getting to S&OP Success WHITE PAPER Getting to S&OP Success How to make Sales and Operations Planning (S&OP) pay off for your company Executive Summary Research abounds on the benefits of developing a
More informationIBM COGNOS BI OVERVIEW
IBM COGNOS BI OVERVIEW Cognos is a suite of products to create Business Analytics, Business Intelligence and... Full product portfolio http://www-01.ibm.com/software/data/cognos/... IBM Cognos BI Overview
More informationFinancial Planning: Who Should be Involved?
ABPMPartnersWhitePaper Financial Planning: Who Should be Involved? Driver-based decision-making is good for enterprise performance management, especially if the right people take part. April 2014 2014BPMPartners,Inc.Allmaterialcontainedinthisdocumentremainsthe
More informationCorporate Performance Management (CPM)
Corporate Performance Management (CPM) (What is it? Why do you need it?) Presenters: Dave Henson and James Meyer What is CPM? Gartner: CPM is an umbrella term that describes the methodologies, metrics,
More informationBe Able to React to Change Quickly! Integrated Business Planning Overview
Be Able to React to Change Quickly! Integrated Business Planning Overview John Mervis Value Chain Planning Oracle Confidential Internal/Restricted/Highly Restricted Safe Harbor Statement The following
More information3 STEPS TO MAKE YOUR SHARED SERVICE ORGANIZATION A DIGITAL POWERHOUSE
GUIDE 3 STEPS TO MAKE YOUR SHARED SERVICE ORGANIZATION A DIGITAL POWERHOUSE www.celonis.com IN THIS GUIDE Shared-service organizations (SSOs) are about to get a digital upgrade. For decades, SSOs have
More informationNetwork and Route Performance Management
Solution in Detail Passenger Travel and Leisure Executive Summary Solution Overview Contact Us Network and Route Performance Running a Profitable Travel and Leisure Business Running Profitably Controlling
More informationBUSINESS INTELLIGENCE: IT S TIME TO TAKE PRIVATE EQUITY TO THE NEXT LEVEL
BUSINESS INTELLIGENCE: IT S TIME TO TAKE PRIVATE EQUITY TO THE NEXT LEVEL BUSINESS CONSULTANTS DEEP TECHNOLOGISTS In a challenging economic environment, portfolio management has taken on greater importance.
More informationSan Diego IIA / ISACA Joint Seminar. Using Business Intelligence to Drive Organizational Efficiencies
San Diego IIA / ISACA Joint Seminar Using Business Intelligence to Drive Organizational Efficiencies Wednesday, April 11, 2012 Handelry Hotel and Resort San Diego, CA 1 The Plan What is Business Intelligence
More informationPerformance Management in Higher Education
Performance Management in Higher Education Advisory Services and Software Solutions That Enable Colleges and Universities to Succeed in a Changing Environment Given the number and magnitude of pressures
More informationFUTURE OF FINANCIAL CLOSE & EPM
FUTURE OF FINANCIAL CLOSE & EPM - Så kommer ny teknik att göra snabba bokslut ännu snabbare - Intro slides & teaser for IFRS day breakout further slides and details to be explored and covered in the breakout
More informationProject Portfolio Management State CIO Office Special Recognition
Project Portfolio Management State CIO Office Special Recognition Project Initiation January 23, 2015 Project Completion August 15, 2015 Commonwealth of Pennsylvania Office for Information Technology Mark
More informationS&OP as a Profit- Focused Decision Engine October 19 th 2014 Alex Harbell
S&OP as a Profit- Focused Decision Engine October 19 th 2014 Alex Harbell Abstract Following mergers companies are often challenged to integrate and harmonize disparate S&OP processes. Building a single
More informationLABOUR. KRONOS for MANUFACTURING ANALYTICS
LABOUR KRONOS for MANUFACTURING ANALYTICS Increase Tired of Productivity, Budget Surprises Control Costs and Missed and Gain Productivity a New Competitive Targets? Edge Get Predictable Results with ON-DEMAND
More informationProduct comparison: Prophix Enterprise vs. PROPHIX 10 R3
Product comparison: vs. Prepared by Software Purpose This document is intended for current customers who are considering migrating to. Introduction is an integrated application that is built on an open
More informationBig data strategy to support the CFO and governance agenda
Financial Accounting Advisory Services Big data strategy to support the CFO and governance agenda Big data has the potential to change the way people work. It is creating a culture in which business and
More informationComprehensive Enterprise Performance Management. Gregory Johnson & Ana del Rey, Accenture Christophe Caquineau, Avanade
Comprehensive Enterprise Management Gregory Johnson & Ana del Rey, Accenture Christophe Caquineau, Avanade CFO s consider enterprise performance management to be the most important in creating shareholder
More information