Addressing CFO Priorities for Midsize Companies

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Nov 10, 2013 (3 years and 11 months ago)

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Addressing CFO Priorities for Midsize Companies

Domenic Cirnigliaro Director Sales Consulting


Commercial Division

Charles Pinda Principal Business Consultant


EPM/BI

2

Presenters

Domenic Cirnigliaro

Director Sales Consulting


Commercial Division

Charles Pinda

Principal Business Consultant


EPM/BI

Copyright © 2010, Oracle and/or its affiliates. All rights reserved.

3


CFO Expanding Concerns


Oracle Value Prop
-

Financial Management Solutions


Oracle Solution


Q&A


Summary



Agenda

Copyright © 2010, Oracle and/or its affiliates. All rights reserved.

4

New and Expanding Concerns for the CFO

Growth


Re
-
orient goals towards
growth, not just cost cutting


Become first movers out of
downturn to gain competitive
advantage

Globalisation


Pursue new markets and
customers


Respond to a new set of
global competitors

Increased Regulations


Comply with more
regulatory requirements


Address diverse financial
reporting and tax standards


Information Demands


Demand for more information

from internal and external
stakeholders


Demand for better business
insight


Copyright © 2010, Oracle and/or its affiliates. All rights reserved.

5


CFO Expanding Concerns


Oracle Value Prop
-

Financial Management Solutions


Oracle Solution


Q&A


Summary



Agenda

Copyright © 2010, Oracle and/or its affiliates. All rights reserved.

6

Office of the CFO


Becoming World Class

Performance
Management

Core
Financials

Financial
Governance

World

Class

Finance

The
increased focus on profitability improvement is driving the need to employ efficient
financial management practices across all functions of an
organisation

and also align the

CFO
priorities with key business goals
.






Deloitte CFO Survey,
2010


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7

$550,000

in savings per

$100 million of revenue

Overall Finance Cost as a Percent of Revenue

Source: 2010 Hackett Finance Benchmark Database

Peer Group

World Class

1.16%

0.61%

47%

World Class


Netting it Out

Copyright © 2010, Oracle and/or its affiliates. All rights reserved.

8

Source: 2010 Hackett Finance Benchmark Database

Other Metric Improvements




66% higher prevalence of a documented,
strategic plan



39% higher focus on
proactive decision making



32%
less time collecting data
for analysis



20%
lower DSO



19%
fewer days
required
to close
the books



54%
fewer staff/FTEs



43%
fewer billing errors



59% f
ewer printed reports



47% more reports from
central repository



14% greater
automated journal entries

Specific Metric Improvements

World Class


Contributing Examples

Copyright © 2010, Oracle and/or its affiliates. All rights reserved.

9


CFO Expanding Concerns


Oracle Value Prop
-

Financial Management Solutions


Oracle Solution


Q&A


Summary


Agenda

Copyright © 2010, Oracle and/or its affiliates. All rights reserved.

10

Travel &
Expense



Procure

to

Pay

Credit

to

Cash

Common Modules

Financial
Control &
Reporting

Self
-
Service Applications

Asset
Lifecycle &
Real Estate

Cash &
Treasury



Maximize Cash

Optimize
Supplier
Relationships

Manage T&E
Spend

Improve Asset
Utilisation

Increase Cash
Visibility

Streamline Close
& Reporting

Oracle’s Core Finance Solution

Copyright © 2010, Oracle and/or its affiliates. All rights reserved.

11

New and Expanding Concerns for the CFO

Growth


Re
-
orient goals towards
growth, not just cost cutting


Become first movers out of
downturn to gain competitive
advantage

Globalisation


Pursue new markets and
customers


Respond to a new set of
global competitors

Increased Regulations


Comply with more
regulatory requirements


Address diverse financial
reporting and tax standards


Information Demands


Demand for more information

from internal and external
stakeholders


Demand for better business
insight


Copyright © 2010, Oracle and/or its affiliates. All rights reserved.

12

The Path to Business Excellence

Competitive

Advantage


MANAGEMENT

EXCELLENCE

OPERATIONAL

EXCELLENCE

Make
Smart

decisions with deep
insight

Gain
Agility
to adapt, and drive
decisive actions

Ensure
Alignment

in the
extended enterprise

Drive down
Cost

of processes
and operations

Improve
Quality

across the
organisation

Increase
Speed

of transactions in
the performance network

Time


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13

Business Excellence

Removing Boundaries


Connecting Processes

Integrated

Analytics

Integrated

Processes

ERP





CRM





HCM





Financial

Close

















Supply

Analytics





Demand

Analytics





Finance/Risk

Analytics





Management

Analytics

















Integrated

Planning

Operational

Planning





Profitability

Cost Mgmt





Financial

Planning





Strategic

Planning

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14

Enterprise Performance Management


Common Integration & Analysis

Data Quality and Consistent
Dimension Integrated with ERP

Common Reporting & Interaction

Strategic Planning

Financial Close

Planning & Forecasting

Profitability Management

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15

Become A World Class EPM Organisation


Define and communicate
your strategy



Improve your planning and
forecast processes



Extend your profitability and
analytic capabilities



Shorten the close process



Copyright © 2010, Oracle and/or its affiliates. All rights reserved.

16

Copyright © 2010, Oracle and/or its affiliates. All rights reserved.

17

Summary


World Class Finance delivers significant
cost
and performance benefits



Want to learn more?


www.oracle.com/cfo


www.facebook.com/OracleMidsize


Discuss your options with Oracle on
the follow up call


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