Relief from Painful Finance Processes: Why Automation May Cure All

12
Ask, Share, Learn – Within the Largest Community of Corporate Finance Prof Relief from Painful Finance Processes: Why Automation May Cure All

description

Developing and delivering efficient accounting and financial processes is challenging for companies of all sizes. Business headaches are often caused by complicated error-prone spreadsheets, delayed internal and external reporting, reduced productivity due to extensive manual processes, and limited financial and operational visibility across the enterprise. Join us to discover how companies are leveraging cloud technology to mitigate specific pain points within key financial business processes. You’ll learn how to make your finance department more productive and effective to help strengthen business performance.

Transcript of Relief from Painful Finance Processes: Why Automation May Cure All

Page 1: Relief from Painful Finance Processes: Why Automation May Cure All

Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals

Relief from Painful Finance Processes: Why Automation May Cure All

Page 2: Relief from Painful Finance Processes: Why Automation May Cure All

Welcome to Proformative

Proformative is the leading educational resource for corporate finance professionals.

A resource where corporate finance and related professionals advance in their careers through: • Uniquely valuable, online peer network

• On demand courses taught by peers and SMEs

• Valuable Features and Resources

Check it out at www.proformative.com

Page 3: Relief from Painful Finance Processes: Why Automation May Cure All

Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals

Relief from Painful Finance Processes: Why Automation May Cure AllVijay Ramakrishnan, Director of Cloud Solutions, IntacctLinda Pinion, Solutions Engineer, Intacct

Page 4: Relief from Painful Finance Processes: Why Automation May Cure All

Today’s Agenda

• Introduction to Intacct

• Cloud Alarm Company

• Additional Resources

Page 5: Relief from Painful Finance Processes: Why Automation May Cure All

Growth Companies Rely on Intacct

7,300+ Companies

RealValue

40,000+BusinessEntities

95%Customer

Satisfaction

Software Healthcare

Services Nonprofit

FOUNDATION

Consumer Other Hospitality

Page 6: Relief from Painful Finance Processes: Why Automation May Cure All

Goals for Today

Help you towardsthe best decision for your company

INFORM What Intacct can do for your business

SHOW Intacct at work–real examples, real results

ANSWER Your questions

Page 7: Relief from Painful Finance Processes: Why Automation May Cure All

Cloud Alarm Company: Based on a True Story

#1 Alarm Supplier in America

20 Offices, 700 People and Growing!

Cloud Alarm Co.

Page 8: Relief from Painful Finance Processes: Why Automation May Cure All

The Starting Point for Our Partnership

Business Challenges No visibility into other locations Every location is a purchasing manager Can’t respond timely to customer order questions Reports done in Excel

Business Impact Financial decision criteria is outdated resulting in

missed opportunities Purchasing Buy report is inaccurate resulting in

incorrect purchases Reporting is redundant, inaccurate and not drillable Customer satisfaction has gone down by 20% in

6 monthsCloud Alarm Co.

Page 9: Relief from Painful Finance Processes: Why Automation May Cure All

The Desired Destination

Typical Benefits Purchasing Workflow to reduce “unapproved” spend by

$50,000 Accurate, comprehensive, real time reporting across all

locations Improved customer satisfaction by 10% over previous

6 months SaaS based solution reducing system maintenance

Ideal Solution One login to see all location information Automated workflow for purchasing approvals Report writer that users could create their own reports Better system for sales order tracking and management

Cloud Alarm Co.

Page 10: Relief from Painful Finance Processes: Why Automation May Cure All

Our Commitment ……

Track true financials and operations Visibility for planning/strategy Flexibility as needs change

Drive performanceand growth

Managing for Long-Term

Process automation Oversight and controls Accuracy and compliance

Make my businessmore efficient

Better Every Day

With Intacct, you can do both

Page 11: Relief from Painful Finance Processes: Why Automation May Cure All

Today’s Agenda

• Introduction to Intacct

• Cloud Alarm Company

• Additional Resources

Page 12: Relief from Painful Finance Processes: Why Automation May Cure All

Thank you for your interest in this presentation. View the on-demand webinar or download the full

presentation at:www.Proformative.com

Relief from Painful Finance Processes: Why Automation May Cure All