Identifying Risks And Ensuring Balance Sheet Integrity Through Intelligent Automation
Venue The Peninsula Paris
“Our teams are driven by routine and the main tools they rely on are time and effort. Their priorities and focus is rarely triggered by risk or material issues until audit or a ‘lucky’ report reveals an issue. We need help to know what we don’t know and we need help to change the behavior of our finance teams”
Responsibility for identifying significant financial risks to a business, and ensuring the board is fully informed of them is one of the key roles of the CFO. However, according to CFO.com and other leading analysts, CFOs are routinely certifying documents that are not fully accurate, and are doing so without any barometer of risk.
With multiple business units, geographies, ERP systems, and other complexities expanding in finance, every touchpoint throughout the close process is an opportunity for fraud or error. With nearly 80% of the key activities and collaboration at the month end happening outside the ERP, companies are also experiencing challenges from audit committees and auditors as they assess how this ERP ‘gap’ impacts their control environment.
So how can the office of finance ensure the integrity of the balance sheet, contribute to the health and growth of the business, and gain early insight into risks while ensuring they are one step ahead of the non-executive directors and auditors?
Throughout the evening we will discuss how, through innovative technology, companies can deliver a dynamic, “risk-intelligent” view that enables them to drive financial control and reduce risk at the same time as delivering insight and transformation.
6:00 – 6:30 pm – Welcome Reception & Cocktails
6:30 – 6:40 pm – Introduction from Master of Ceremonies
6:40 – 7:00 pm – Keynote Speaker
7:00 – 9:00 pm – Three-course dinner complemented with table discussion points
9:00 – 9:30 pm – Wrap up and closing remarks from Trintech
- What are the rising risks threatening the integrity of your balance sheet?
- What are the challenges of automating complex processes and how can you ensure your global finance teams prioritise materiality over routine?
- How can you make sure you are one step ahead of your NEDs and auditors?
- How can you drive end-to-end process excellence to bring a reduction in the cost of finance and agility to manage change?
Delphin Burlin, Partner at DBDB Consulting
– Audit within the Big 4 for 10 years (Arthur Andersen and Ernst & Young)
– International Experience, mostly in Europe
– Project Management & Finance Transformation
– Financial activities transition to a SSC structure
– Implementation of Trintech’s R2R Solution
About Trintech, Inc.
Trintech, Inc. pioneered the development of Financial Corporate Performance Management (FCPM) software to optimize the Record to Report process. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, managing intercompany workflow and transactions, journal entries, disclosure and fiduciary reporting and bank fee analysis, to governance, risk and compliance – Trintech’s portfolio of financial solutions, including Cadency®, ReconNET™ and T-Recs®, help manage all aspects of the financial close process. Over 1,700 clients worldwide – including the majority of the Fortune 50 – rely on our cloud-based software to increase efficiency, reduce costs, and improve governance and transparency across global financial organizations.
Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, France, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.