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The Changing Role of the CFO’s Office in Shaping and Executing Business Strategy. Oracle Open World 2013 Sep 2013. Agenda. Introduction – Infosys and it’s Clients Brief overview of Financial transformation – By Cisco, SITA, Lowes Questions and Answers – Moderator and Panelist

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the changing role of the cfo s office in shaping and executing business strategy

The Changing Role of the CFO’s Office in Shaping and Executing Business Strategy

Oracle Open World 2013

Sep 2013

agenda
Agenda
  • Introduction – Infosys and it’s Clients
  • Brief overview of Financial transformation – By Cisco, SITA, Lowes
  • Questions and Answers – Moderator and Panelist
  • Questions from Audience

2

infosys builds tomorrow s enterprise by transforming today s
Infosys builds tomorrow’s enterprise by transforming today’s

Starting with enterprise strategy

we create the results that matter

by linking strategy with execution

and powerful platforms

With our consulting expertise we start by understanding enterprise strategy first

We measure technology in our clients’ increasing revenues and reduced costs

To transform technology, and get results the enterprise expects, we integrate strategy and execution

Our outcome-focused platforms deliver a competitive advantage

about cisco solving our customers biggest challenges
About CiscoSolving Our Customers’ Biggest Challenges
  • Worldwide leader in networking
  • Founded 1984
  • FY13 revenue of $48.6B
  • ~75,000 employees
  • 165+ countries
  • 166 acquisitions

Broad range of products, solutions and services

cisco finance as a strategic business partner
Cisco: Finance as a Strategic Business Partner

Changing Cisco’s Business: Key Corporate Focus Areas

Emerging Countries

Software

Recurring Revenues

Solutions

Capture the Emerging Countries growth and fuel indigenous innovation

Increase software mix to protect gross margins, to drive innovation and customer value

Build larger percentage of recurring revenues to increase predictability

Invest in solutions to increase relevance and Customer centricity and capture new Total Addressable Market

Changing the Role of Finance: Key Priorities

Support Strategy

Become a Value-Added Business Partner

Drive Operational Excellence

Ensure Fiduciary and Regulatory Compliance

Develop Talent

Shape Strategy

Provide strategic advice and solutions to the business

Encompass capabilities and efficiencies required to manage and optimize business performance

Ensure financial controls, governance, and real-time information and insight

Define, develop, and promote talent priorities that build capabilities

Advance Talent and Organization Capability

Drive Shareholder Value

Evolve Operating Modeland Improve Productivity

Integrate

Compliance Framework

cisco finance transformation office vision
Cisco Finance Transformation Office Vision

Transforming Finance by standardizing global processes to enable new geographies and solution bundles

Vision

Strategy

Value to Cisco

Target End State

  • Position Cisco to rapidly expand into new markets

Enable new market expansion & new business models

Accelerate Cisco’s growth through standardization and simplification of finance process and business capabilities

Finance Global capabilities including solution bundles

  • Reduce manual processes
  • Improved scalability
  • Reduce cost of finance

Adopt industry standard business processes globally

New business models (SW)

  • Reduce integrations and complexity
  • Lower Total Cost of Ownership

Consolidate Finance footprint on an Oracle R12 platform

Two R12 instances

95% globally standard for processes on best of breed platforms

  • Faster response to business needs

Reduce custom solutions by adopting out-of-box functionality

infosys cisco partners in transformation
Infosys & Cisco: Partners in Transformation

LSS (Transformation)

“Excellent work done by Infosys aligning to our Finance transformation strategy and delivering business value”

SCM

OM

Services

Finance

Ken Mesuda

VP Finance, Cisco

Creating value cases and capability roadmaps

Setting Direction

Validating and enriching the business architecture

Validating and enriching business requirements

Designing conceptual to-be process architecture

Designing Details

  • Key Benefits to Cisco
  • Program Management
  • Value Realization
  • Business Architecture
  • Domain Expertise
  • Localization Expertise
  • Solution Leadership
  • Delivery Excellence
  • Change Leadership

Generating business and IT solution options

Resolving key design decisions (Key Design Documents)

Guiding project implementation Teams on the solution

Delivering functional and technical Solutions on Oracle R12

Making it happen

QA testing and certifying solutions or deployment

Facilitating business readiness and organizational change

Infosys Engagement

V Low

V High

our product portfolio at the heart of the air transport industry
OUR PRODUCT PORTFOLIO At the Heart of the Air Transport Industry

The broadest portfolio for the Air Transport Industry:

the transformation of finance our vision for the changing role of the cfo office
THE TRANSFORMATION OF FINANCEOur Vision for the Changing Role of the CFO office

SITA has undertaken a Strategic Financial System (SFS) programme in partnership with Infosys as a foundation step in delivering on this Vision

A first class Finance function that enables SITA’s dynamic transformation and enhanced financial performance

the team

high

performing

team of empowered and talented

people

the business

Co-pilot the

SITA transformation while

enhancing

financial transformation

efficiency

Swiss watch

precision and reliability in

Finance

operations

the function

Delivering

value in the

Finance

domains

The SFS Solution

Fully integrated, consistent, accessible, single source of truth

slide14

Lowe’s –Company Overview

  • Second Largest Home Improvement Retailer Worldwide
  • Founded in North Wilkesboro, NC in 1946
  • Headquarters located in Mooresville, NC
  • Approximately 245,000 employees
  • Serves more than 15 million customers a week
  • Operates 1,750+ stores in the United States, Canada and Mexico
lowe s vision of realizing finance optimization
Lowe’s – Vision of Realizing Finance Optimization
  • Standardize & Harmonize Business Process
    • Improve compliance reporting by setting up Legal Entity accounting
    • Improve Business Process efficiency across countries
  • Effective & Efficient Transaction Processing
    • Improve self service enablement for Employees & Vendors
    • Improve productivity through automation
  • Improve reporting and decision support
    • Reduce cycle time in Procure to Pay Process & Record to report processing time
    • Enable Thin General Ledger
  • Technology as Tool
    • Reduce Total Cost of Ownership
    • Simplify the Integration points of the Financial Systems
    • Improve Security Provisioning & Automation
lowe s value realization with infosys partnership
Lowe’s – Value Realization with Infosys Partnership
  • Streamlined business operations - Enhanced visibility to achieve process optimization across - Purchasing, Payables, Asset Management, Projects and General Ledger
  • More efficient statutory reporting:   Introduced Legal Entity solution in PeopleSoft
  • Process Standardization: Global Procure to Pay Process across US and Canada were harmonized resulting in process efficiencies and cost savings
  • Reduced the Cycle time: Requisition Sourcing and PO processing cycle time reduced by 24 hours
  • Enhanced Decision Making: Introduced dynamic GL Integration Hub (GLINT) to process accounting information near real time
  • Lowered TCO (Total Cost of Ownership): Value Based Governance Framework results Net customization reduction by 52%
tomorrow s enterprise profits from the right technology partner
Tomorrow’s enterprise profits from the right technology partner

A partner who looks into the future for opportunities

to help transform

todays enterprise

into tomorrow’s

and supports clientsthrough ever smarter operations

with a culture of transparency, ethics, and respect