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From Reporting the Past to Shaping the Future BUSINESS INTELLIGENCE & THE EVOLUTION OF FINANCE AS A BUSINESS PARTNER. Richard Paik Director of Finance. Pressure on the CEO…. Find new customers and increase value of existing customers. CEO. Take out costs and increase productivity.

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Richard paik director of finance

From Reporting the Past to Shaping the FutureBUSINESS INTELLIGENCE & THE EVOLUTION OF FINANCE AS A BUSINESS PARTNER

Richard PaikDirector of Finance


Pressure on the ceo
Pressure on the CEO…

Find new customers and increase value of existing customers

CEO

Take out costs and increase productivity

Find strong new partners & identify new growth markets early

Attract and retain top talent

Be transparent, provide more information, more quickly

Decide faster, execute faster


And pressure on cfo too

CFO

And pressure on CFO too…..

Technology enables and demands change

Business needs change

Reduce overheadDigitiseprocesses and automate transactions

Reduce overheadStreamline finance organisation& reduce costs

Protect our reputationImproved real time visibility, enhanced audit trails, controlling access

Protect our reputationEnsure rock solid compliance and transparency

Unlock informationProvide real time, anywhere access, across the organisationto data and analysis

Unlock informationProvide business users with self service access, and analytical tools

Create ValueIdentify the drivers of performance and find new opportunities

Create Value

Powerful analytical tools, better communication and collaboration.

Supported by culture change


Richard paik director of finance

The role of Finance is changing from transaction processing to decision support “…gone are the days when finance was simply a back office function.”

- Financial Executive Magazine

How you gather, manage, and use information

will determine whether you win or lose”

- Bill Gates

“Communicate a story, don’t just convey a data point ……”

- Craig Mundie – MS CRS


How microsoft finance is using technology to change

Accountability to decision support “…gone are the days when finance was simply a back office function.”

Empowerment

Catalyst

How Microsoft Finance is Using Technology to Change

Automate

Measure

and transact

Self service

Create

Value

People and culture


Our technology vision

Promote self service anytime access to decision support “…gone are the days when finance was simply a back office function.”

Connect up islands of information

Automate transactions and reporting

Provide access through familiar tools

Protect confidential information whilst broadening access

Promote real time communication and collaboration

Support process change with culture change

Our technology vision


The magic finance formula

Embrace to decision support “…gone are the days when finance was simply a back office function.” technology

Change culture

Shaping the future

The Magic Finance Formula

+

=


Overview of bi at microsoft
Overview of BI at Microsoft to decision support “…gone are the days when finance was simply a back office function.”

  • MS Finance BI includes:

    • Revenue Reporting – Monthly/Quarterly Reviews

    • P&L Reporting – Operating Expense and HC Reporting

    • Statutory & Compliance Reporting – Controller’s Workspace

    • Cost Management Reporting

      • Cost Savings Reporting – Violations of Policy

      • Expense Management

      • A/P Services (PO, Invoice, Expense input/output)

      • CORE ERP Detail Drill Downs


Richard paik director of finance

Microsoft Close and ROB Reports to decision support “…gone are the days when finance was simply a back office function.”


Richard paik director of finance

Revenue Reporting – MS BI to decision support “…gone are the days when finance was simply a back office function.”


Richard paik director of finance

Microsoft Controller’s Workspace to decision support “…gone are the days when finance was simply a back office function.”


Richard paik director of finance

Microsoft ManagePoint to decision support “…gone are the days when finance was simply a back office function.”


Microsoft procurement
Microsoft Procurement to decision support “…gone are the days when finance was simply a back office function.”

  • Increased employee satisfaction

  • Reimbursement in days

  • Savings of $4.3million


What users want
What Users Want to decision support “…gone are the days when finance was simply a back office function.”

Make BI easier

Reduce information latency

Provide analysis on demand

Personalize delivery

Deliver comprehensive,

cost effective solution


Richard paik director of finance

Our End-To-End BI Offering to decision support “…gone are the days when finance was simply a back office function.”

DELIVERY

COLLABORATION

CONTENT MANAGEMENT

SharePoint Server

SEARCH

Reports

Dashboards

Excel

Workbooks

Analytic

Views

Scorecards

Plans

END USER TOOLS & PERFORMANCE MANAGEMENT APPS

Excel

PerformancePoint Server

BI PLATFORM

SQL Server

Reporting Services

SQL Server

Analysis Services

SQL Server DBMS

SQL Server Integration Services


Power of business intelligence
Power of Business Intelligence to decision support “…gone are the days when finance was simply a back office function.”

  • Business Intelligence enables finance through:

    • Business Insight - Grow

    • Business Excellence – Accountable

    • People Development

  • Business Intelligence provides businesses:

    • Data Integrity – Single data source

    • Real-time – Freeflow of Information

    • Resources – Reporting vs. Analysis

  • Overall, BI enables our business partners to:

    • Make BETTER, FASTER, RIGHT business decisions