from administration to strategy: use the cloud to transform finance
DESCRIPTION
These days, it seems like finance and IT teams are spending more time focusing on reconciling and reporting data than using it to drive strategic value across the enterprise. Powerful, cloud-based financial and administrative systems are promising to change all that. In this deck, you will learn: - The value of integrated financial and HR platforms on business agility and performance. - Why unified, cloud-based technology suites simplify processes and provide a “single source of truth.” - How to leverage this unified view to reach across business units and geographies to improve decision making and create strategic alignment. Learn more at: http://wday.to/yssd1TRANSCRIPT
From Administration to Strategy:
Use the Cloud to Transform Finance
Mark NittlerVP, Enterprise StrategyWorkday
ModeratorCelina RogersVice President and Editorial DirectorCFO Publishing
Speakers
Ashley JohnsonCFOServiceSource
Opening Remarks
About ServiceSource
• Leading provider of solutions for recurring revenue management
• Approximately $300 million revenue
• Publicly-traded on NASDAQ• People-based business
Top Strategic Priorities
Top priority: Deliver accurate financial results and forecasts.
Spend less time accumulating and tracking data, more time analyzing it.
Making Finance More Strategic
Single system aligning headcount with finances.
Single system creating greater consistency and accuracy.
Bringing HR and Finance Together
• Greater visibility• Valuable opportunities• Strategic partnership
How CFOs Can Drive Strategy
Holistic view:• Controls• Accounting• Analytics• Reporting • Talent
Making the Decision to Transform your Technology
• Going public• SOX compliance• Outdated ERP systems• Single source of truth
Overcoming Concerns About Moving Core
Financials To the Cloud
IT’s Information Security Concerns
Metrics and Indicators to Implement After Improvements
Audience Q&A