Real-Time 20/20 Data Vision Equals Growth: Discover How and Why
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Ask, Share, Learn – Within the Largest Community of Corporate Finance Prof Real-Time 20/20 Data Vision Equals Growth: Discover How and Why
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The pressure is on CFOs to provide faster and more granular visibility into what’s driving company performance. Track operational and financial data—by business driver—to provide superior reporting power and a complete view of performance. Inflexible, outdated financial reporting processes hinder a company’s ability to effectively manage performance and proactively respond to an increasingly dynamic business environment. Today’s finance organizations must have real-time visibility into revenue, expenses, cash flow and profitability for faster decision making and effective communication of critical business insights to both internal teams and external stakeholders. The good news is that innovations in finance and accounting software now enable companies to deliver real-time information to business leaders enabling them to capitalize on dynamic market conditions to accelerate growth. Join us to discover how companies of all sizes are leveraging Intacct’s market leading SaaS financial management and accounting software.
Transcript of Real-Time 20/20 Data Vision Equals Growth: Discover How and Why
Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals
Real-Time 20/20 Data Vision Equals Growth: Discover How and Why
Proformative is the leading educational resource for corporate finance professionals.
Announcing the new Proformative Academy: • On demand video courses taught by peers and SMEs
• Over 125 finance and accounting courses and growing rapidly
• CPE for CPAs, CMAs, CTPs, and CIAs
Check it out at www.ProformativeAcademy.com
Welcome to Proformative
Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals
Real-Time 20/20 Data Vision Equals Growth: Discover How and WhyClark Newby, VP of Marketing, IntacctLinda Pinion, Solutions Engineer, Intacct
Today’s Agenda
• Unlocking business insights from financial data
• Demonstration of Intacct Flex Reporting
• Summary and resources
Services Consumer
HealthcareSoftware
HospitalityOtherNonprofit
FOUNDATION
8,500+ Companies
RealValue
51,000+BusinessEntities
95%Customer
Satisfaction
Growth Companies Rely on Intacct
4 Key Areas Every CFO Thinks About
Boost productivity of financial processes– Where do you spend your time now?– What is being done in Excel?
Supply insight for better and faster decisions– How old is the information from which you are making
decisions?– What is the bottleneck in getting the data?
Focus resources on your core business– What other financial or related systems are critical to your
business?– Where can you eliminate duplicate entry, entry errors etc?
Deliver scale for growth– What are your business needs 3-4 years from now?– Do you have a business systems map to meet those needs?
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Common Visibility and Reporting Challenges
Struggling with reporting and can’t analyze operating data
Data is stored across multiple systems
Dependence on unwieldy spreadsheets to run our business
We have multiple locations or currencies
We need real-time access to financial data
Require financial consolidations across several business units
Compelling economics, lower risk, and improved productivity
Cloud You Can Count On
Easily keep pace with changing business requirementsAdapt toChange
Financial and operational insight to better run the business
UnparalleledVisibility
Speed and efficiencies across all key processesComprehensive
Automation
The freedom to choose the best solutions for each area of the business
An Exact FitFor Your Business
Financial System Attributes for Improved Visibility and Reporting
Financial and Operational Insight
Compelling economics, lower risk, and improved productivity
Cloud You Can Count On
Easily keep pace with changing business requirementsAdapt toChange
Financial and operational insight to better run the business
UnparalleledVisibility
Speed and efficiencies across all key processesComprehensive
Automation
The freedom to choose the best solutions for each area of the business
An Exact FitFor Your Business
Total Visibility, without the Manual Effort
In real time
No external tools
No maintenance required
Single “truth”Financial Operational
Ad-HocManagementRegulatory
Summary Intermediate Transaction
Vendor Project Offerings and more…
Performance Measures
Stakeholder Needs
Granularity
Business Drivers
Basis / Books
Cash Accrual
Income statement, balance sheet
Deferred revenue
Days Sales Outstanding
Services: Expense breakdown by service offering
Non-profit: Funding, expenses by program
Software: P&L for on-premises vs. SaaS
How Do You Manage Performance?
• Financial Metrics
– Accounting/financial– Universal– Controlled for
accuracy, completeness
• Business Metrics
– Accounting/financialor operational
– Unique– Measure success of
strategies, operations
Chart of AccountsCustom Fields External ToolsFlex Reporting
Thank you for your interest in this presentation. View the on-demand webinar or download the full
presentation at:www.Proformative.com
Real-Time 20/20 Data Vision Equals Growth: Discover How and Why
