From Administration to Strategy: Use the Cloud to Transform Finance

Post on 15-Nov-2014

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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/yssd1

Transcript

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• Going public• SOX compliance• Outdated ERP systems• Single source of truth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

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