Article | January 30, 2020

Customer Journey : Chief Financial Officer (CFO)

Category:

View Full Report

Back | Customer Journey : Chief Financial Officer (CFO)

View Full Report

Chief Financial Officer https://xcelpros.com/wp-content/uploads/2020/07/CFO-bnnr.jpg 1500 1000 Xcelpros Team Xcelpros Team https://secure.gravatar.com/avatar/96617efae43f5c5d35c22f96f521473e?s=96&d=mm&r=g 07-30-2020 03-14-2023

Journey of Cassandra, CFO

Cassandra is the CFO for a chemical processing plant. Her role requires bringing financial discipline and stability through best practices. In Cassandra's day-to-day schedule, she uses financial reporting and analysis to monitor and communicate growth initiatives to executives across the organization. As CFO she is leading the team in developing strategic financial initiatives that enable growth and profitability.

As financial regulations increase, the need for a more robust system is becoming more evident for Cassandra and her team. She is looking for a ERP that can perform Pricing Strategies, Financial modeling and ensure compliance is maintained . Additionally, Cassandra needs a system in place that can help her team stay on top of GDPR regulations as they are updated and assist with internal and external yearly audits. It is critical to generate reports for executives that detail the health of the companies finances using real time data. Cassandra and her team need to compile these reports and have them in presentation format without taking a huge amount of time, and know that having an embedded Power BI may be what they are looking for.

63%

of respondents said that CFOs were responsible for measuring Financial Performance of transformation initiatives.

Source : Per Mckinsey

65%

stated that CFO's responsibility will be most valuable for future transformations.

Source : Per Mckinsey

THE CFO's JOURNEY

WHY DO WE NEED TO MAKE A CHANGE?

Manual Accounting processes causing bottlenecks in the financial close process

WHAT ARE YOUR PAINPOINTS?

Our team needs visibility with real time analytics
Using multiple tools to support our business needs

WHAT WOULD BE A GAME CHANGER?

Leverage Machine Learning for financial forecasting

WHAT ARE WE LOOKING FOR?

Keep up with frequently changing regulatory

WHAT WE DO?

Automating processes and using advance analytics. Getting data in real-time

WHO WOULD BENEFIT?

AP and AR Clerks processing payments and invoices daily
Accounting Manager who need Budget and Forecasting data real time
CEO and COO who need access to financial reporting for the entire organization

WHAT ABOUT COMPLIANCE?

Dynamics 365 for Finance comes with built in Configurable Tax and Compliance Reporting
Regulatory discovery and alerting service

ENHANCED FEATURES IN D365 FOR FINANCE

Revenue Recognition
Budgeting and Forecast
Manager multiple legal entities and Consolidations

WHAT'S INCLUDED IN DYNAMICS 365 FOR FINANCE?

Financial reporting & analytics with Power BI integration
Configurable e-invoicing and payments
Project Accounting

MAKE THE MOVE TO DYNAMICS 365 FINANCE TODAY

A Pilot program is risk-free and a good way to evaluate the Microsoft Dynamics 365 solution. Team-up with us and protect your investment on a no-obligation engagement.

Customer Journey Business Benefits of GHS Labeling

Customer Journey VP of Quality Control

Customer Journey VP of Technology and Infrastructure

Customer Journey : Chief Financial Officer (CFO)

Back | Customer Journey : Chief Financial Officer (CFO)

Journey of Cassandra, CFO