Taking Financial Accounting to the Next Level with Analytics · Shared Services centralise...
Transcript of Taking Financial Accounting to the Next Level with Analytics · Shared Services centralise...
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Taking Financial Accounting to the Next Level with Analytics
23 February 2017 – hfma Finance Fundamentals
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Future of Finance
Dr Watson highlights that increasingly
complex functions can be automated. https://m.youtube.com/watch?v=HkEOJnn_zlg
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Future of Finance
If some of the medical functions of a
Doctor can be automated with Doctor
Watson, then surely more of the finance
function can be outsourced.
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Future of Finance
In all support services there have been trends toward
Shared Services and Centres of Excellence.
Shared Services centralise functions such as payroll,
financial accounting, etc.
Finance Centres of Excellence comprise:
- Transactional
- Technical
- Business Partnering
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A lot of what we do is Just Maths – the value is in
translating the numbers into organisational
performance.
The challenge is to add value in all that we do – to
ensure that all the resources available to our
organisations are used to treat people well.
How will you do this?
Future of Finance
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Questions & Contacts
Lucy Franzmann
CFO
Ian Holland
Director of Finance