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Taking Financial Accounting to the Next Level with Analytics 23 February 2017 hfma Finance Fundamentals

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Page 1: Taking Financial Accounting to the Next Level with Analytics · Shared Services centralise functions such as payroll, financial accounting, etc. Finance Centres of Excellence comprise:

Taking Financial Accounting to the Next Level with Analytics

23 February 2017 – hfma Finance Fundamentals

Page 2: Taking Financial Accounting to the Next Level with Analytics · Shared Services centralise functions such as payroll, financial accounting, etc. Finance Centres of Excellence comprise:
Page 4: Taking Financial Accounting to the Next Level with Analytics · Shared Services centralise functions such as payroll, financial accounting, etc. Finance Centres of Excellence comprise:

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.

Page 5: Taking Financial Accounting to the Next Level with Analytics · Shared Services centralise functions such as payroll, financial accounting, etc. Finance Centres of Excellence comprise:
Page 6: Taking Financial Accounting to the Next Level with Analytics · Shared Services centralise functions such as payroll, financial accounting, etc. Finance Centres of Excellence comprise:
Page 7: Taking Financial Accounting to the Next Level with Analytics · Shared Services centralise functions such as payroll, financial accounting, etc. Finance Centres of Excellence comprise:
Page 8: Taking Financial Accounting to the Next Level with Analytics · Shared Services centralise functions such as payroll, financial accounting, etc. Finance Centres of Excellence comprise:

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

Page 9: Taking Financial Accounting to the Next Level with Analytics · Shared Services centralise functions such as payroll, financial accounting, etc. Finance Centres of Excellence comprise:

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

Page 10: Taking Financial Accounting to the Next Level with Analytics · Shared Services centralise functions such as payroll, financial accounting, etc. Finance Centres of Excellence comprise:

Questions & Contacts

Lucy Franzmann

CFO

[email protected]

Ian Holland

Director of Finance

[email protected]