PowerPoint Presentation

Webinar series focused on:The Changing Role of the Finance Team

Today we cover: How to create time and become adaptable & agile

With a focus on the Budget, Planning & Forecasting process

Introducing your hostsTrained and qualified with KPMGWorked in industry for 10 yearsMoved into consultancy in 1999Help companies improve their financial processes and information deliveryQualified Chartered AccountantExperience in audit and industryExperience of financial systems implementation and the use of technology

Mark CracknellACAHoward Lancashire ACCA

Learning outcomes & agendaWhat is this webinar series about?Our experience of Budgeting, Planning & Forecasting (BP&F) processHow you can save time, become agile and adaptableHow technology supports youSummary and key learning pointsWebinar 2 intro Collaborate and Devolve

WHY? To help you understand the changing role of finance and how you can transform you and your team into strategists

3

Transform your team into strategistsFour key steps:

How you can create time to breathe? This webinar focus!How you prepare to be adaptable and agile? This webinar focus!Why collaboration and devolving is a good thing?Webinar 2 sign up after this!How you can use your new time to add value and insight to your business? Webinar 2 sign up after this!

Visit our website hayne.co/hayne-white-papers/

Core financial processes

HIGH impact on the finance team and the organisation as a whole

Lets look at the BP&F process

S&OPConnected plansT/O =Price X QtyP&L+CFP&L

FREQUENCYC O M P L E X I T Y // D E P T HRollingContinuousAnnual + WAnnualAnnual + QAnnual + M

FinancialDriver basedOperational planningSpreadsheetsBudgeting softwareEnterprise Planning software

SS ThresholdBP&F Maturity graphhighhighlow

Spreadsheet basedTechnology based

Predictive Analytics & Decision Optimisation softwareCulture Threshold

More animation7

How do you create time and become adaptable & agile?How do you move yourself through the BP&F maturity model?

No.1 enabler = Technology! Its key to achieving objectives

Biggest challenge = is the move from current investment in spreadsheets to the use of another technology

How do you overcome this challenge?

Technology in actionIBM Planning AnalyticsSpeed: Automate plans, analyses and reports to drive efficiency

Agility: Adapt plans and analyses to changing business conditions. Align financial plans with corporate objectives

Foresight: Make analytics available to everyone, so they can explore and visualise data

TM1

Three stages of the BP&F process

Step 1 Setting up and populating a modelCreating new data versions

Populating with data as a reference point (historic or previous forecast)

Master Template

DistributeTemplate changes create high maintenance Version control difficult

Pains11

DEMO step 1

Step 2 - Administering and performing the processUserModelling capability on data entry (profiling and manipulation)Automatic update of data and reportsWhat if scenario

GroupVisibility over the processFeedback loopData and version control

DEMO step 2

Step 3 Completing the process and reportingLate organisational changesConsolidation/aggregation of dataAccess to data for reporting

Consolidation

Collect

Reports

pains17

DEMO step 3

Spreadsheet v Technology

Data entryBudget model logic

Enterprise Planning System

Reporting

New next slide x 220

Benefits of technologySelf-service reporting

Model maintenance

Data population

Managing the process

Consolidation and reportingCREating timeAdaptable and agileModel, changes are immediately propagated

What if scenario

New next slide x 221

Key takeawaysAutomating some of the BP&F tasks will help create time for the finance team (and increase control)Allows finance to be adaptable and agile dealing with the fast changing environment which we now find ourselvesProvides a platform for the finance team to be more strategic

Utilising the right technology will help transform your team from accountants to strategists.

What next?Now you have created time, become more agile and adaptable you move to the next stage of Collaborate and Devolve

Webinar: How to collaborate and devolve8December 2016 2pm 2.40pm (UK Time)Join me next week - See how an enterprise software solution like IBM Planning Analytics, moves the finance team to the heart of the organisation, allowing wider collaboration in the BP&F processwhilst delivering self-service reporting and analysis.

Moving you upwards and to the right of the BP&F maturity graph

Thank you for listening

Questions2. Request a DEMO of PA

Want to see how it works yourself? We can arrange an in-depth demo of IBM Planning Analytics3. FREE 3D Workshop

We will take you through the 3 Ds Discover, Develop, Design helping you to take the right next step.hayne.co/hayne-vision/4. Discuss your challenges with meMark Cracknell ACA, Director at HAYNE

Mark.cracknell@hayne.co Mobile: 07771534586 Hayne.coFour next steps for you

1. Join me on the next webinar!