Frictionless financial operations – why creating a superfluid enterprise is the new frontier
Venue: San Francisco
Steward, operator, strategist, catalyst: today’s finance leaders must wear many hats, concerned with everything from maximising shareholder value to creating corporate agility to adjust to rapidly changing regulatory environment. To be successful they must enable their department and the larger organization to run agile, frictionless operations, so they can adapt and scale while ensuring compliance across an ever-changing competitive landscape.
But the buzzword of the day, “digital transformation”, isn’t the savior the media or consultant agencies would have you believe. 45% of executives believe transformation initiatives were a complete waste of time, with over a third of businesses spending $500k+ on transformation strategies alone in the last 12 months. Obviously, this approach isn’t going to work.
So how do you approach this critical challenge? How do you create operational fluidity to drive improvements in your finance operations? Where do you start? And how can you ensure your efforts will actually deliver specific measurable improvements, such as increased working capital, faster financial operations cycle times, or lower DSO?
Join Meet The Boss, in partnership with Celonis, to find out how you can not only identify the friction points in your financial operations, but also how to take action to eliminate these friction points and deliver quantified value for the business. Hear how leading organizations have established finance as a trusted partner to the business by developing a high-performance superfluid operations.
6:00 – 6:30 pm – Welcome Reception & Cocktails
6:30 – 6:40 pm – Introduction from Master of Ceromonies
6:40 – 7:00 pm – Keynote speaker Celonis
7:00 – 7:10 pm – Keynote speaker, Customer Case Study
7:10 – 9:10 pm – Three-course dinner complemented with table discussion points
9:10 – 9:40 pm – Wrap up from table champions and closing remarks from host
- Friction: What are the critical friction points in your finance organization in terms of improving working capital and cash generation? Does manual work and associated errors create friction in your support of business operations? Are there examples of where friction in the finance process impacts customer and vendor relationships?
- Delivery: Do you use a shared services model for any of your finance and accounting operations, and has it generated the expected savings? Is the shared services model universally adopted, or are you looking for ways to align processes to bring the entire organization under the shared services model?
- Agility: How does building a world-class efficiency finance function support the wider business need to run agile operations and meet rising customer demands? How can finance become an equal partner in building corporate agility?
Celonis is the New York- and Munich-based leader in business transformation software, turning process insights into action with the process mining technology it pioneered. Its Intelligent Business Cloud allows organizations to rapidly understand and improve the operational backbone of their business. Companies around the world including Siemens, GM, 3M, Airbus and Vodafone rely on Celonis technology to guide action and drive change to business processes, resulting in millions of dollars saved and an improved experience for their customers.