Board Reporting: Efficiency, Automation & Getting Beyond the Numbers

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The quarterly Board book is due in 2 hours, and we just got word from the Controller that a few numbers need to be adjusted. Time to panic, right? Unfortunately, this is quite common, and many finance professionals charged with producing their company’s Board book would panic in this situation. Several Excel sheets would need to be updated, and the CEOs commentary would need revising to accurately explain the numbers. The good news is that there does not need to be a company-wide heartburn the days leading up to the Board book’s production and distribution.

Business

Ask, Share, Learn – Within the Largest Community of Corporate Finance Professionals
Board Reporting: Efficiency, Automation &
Getting Beyond the Numbers

• Improve the efficiency of your company’s Board book
production processes
• Identify opportunities to leverage technology to improve
the quality of your company’s Board books such as data
integrity, distribution, collaboration in production, and the
timeliness of information included
• Upgrade the strategic value of the information contained
within your company’s Board books
After attending this event you will be able to:
Learning Objectives

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 150 finance and accounting courses and growing rapidly
• CPE for CPAs, CMAs, CTPs, and CIAs
Check it out at www.ProformativeAcademy.com
Welcome to Proformative

James M. Perry, MBA
Financial Manager
iCIMS
James.Perry@icims.com
www.icims.com
Speaker

Janette Kosior
Director, Product Marketing
Host Analytics
jkosior@hostanalytics.com
www.hostanalytics.com
Speaker

Agenda
• Board Reporting Pressures
• Cloud and EPM Transforming the Enterprise
• iCIMS Use Case Study

Board Reporting
1. Report on the numbers
2. Provide analysis
Goal is to IMPROVE company PERFORMANCE

Clock is Ticking Data is Everywhere
Multiple People Involved No Room for Error
Board Reporting Pressures

Name Title Compensation Growth
JohnDoe CFO 300,000$ 10,000$
JaneDoe Analyst 80,000$ 2,000$
End The Perils Of Emailing & Embedding Spreadsheets

Source: Proformative survey. October 23, 2013. N= 103 finance professionals
QUESTION:
“What technology do you
think has the most security
risk?” Spreadsheets
79%
Cloud
Finance Acknowledges Spreadsheet Risks

Thank you for your interest in this presentation.
View the on-demand webinar or download the full
presentation at:
www.Proformative.com
Board Reporting: Efficiency, Automation &
Getting Beyond the Numbers

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