CFO as Business Integrator

The CFO as Business Integrator......Page 4
Preface......Page 8
Contents......Page 12
1 From Complexity to Simplicity......Page 16
What Issues are Today’s CFOs Grappling With?......Page 21
Best Practices in Finance: What’s Next?......Page 27
The New Finance Value Proposition......Page 31
Integration: What it Means for You as CFO......Page 35
CFO Checklist......Page 40
2 Leveraging your ERP Investment......Page 42
What does Integration Mean for the CFO?......Page 47
Unravelling System Spaghetti......Page 51
Beyond ERP......Page 57
Reducing Complexity......Page 61
A Vision for the Post ERP Era......Page 64
Making Integration Work for You......Page 72
CFO Checklist......Page 75
3 Streamlining the Financial Supply Chain......Page 78
Leveraging the Benefits......Page 81
In-house Cash and Banking......Page 88
Order-to-cash/Electronic Bill Presentment and Payment......Page 95
Purchase-to-pay......Page 105
Simplifying Billing and Payment: Bill Consolidation......Page 106
e-Financing and e-Settlement: A Promising New Tool......Page 108
The Future: Integration and Collaboration......Page 111
CFO Checklist......Page 115
4 Moving from “Shared” to “Managed” Services......Page 118
Why Move to Shared Services?......Page 121
Shared Services Today......Page 126
Physical versus Virtual SSCs: The Lights Are Still On!......Page 128
To Outsource – or Not to Outsource?......Page 130
Evolving Technology: What’s New, Faster, Better......Page 137
Applications Management and Managed Services......Page 139
Evolving Exchanges: Huge Promise and Tough Reality......Page 145
The Potential for Web Services......Page 152
Making it Happen......Page 159
CFO Checklist......Page 165
5 Connecting Strategy with Operations......Page 168
Introducing Strategic Enterprise Management (SEM)......Page 172
Tracking Corporate Performance......Page 175
Integrated Risk Management......Page 181
Blow Up the Budget!......Page 186
Operational Planning and Simulation......Page 192
Business Consolidation and Integration......Page 194
Implementing Integrated SEM......Page 200
CFO Checklist......Page 209
6 Analytics: Converting Data into Action......Page 212
Broader Bottom-line Demands......Page 217
Integrated Analytics: Transforming Data into Decisions......Page 220
Increasing Customer Value through Analytics......Page 222
Bringing Analytics to Supply Chain Management......Page 229
Analytics: Transforming the Finance Function......Page 235
Enriching Product Life Cycle Management (PLM)......Page 242
Improving Human Resource (HR) Analytics......Page 247
Getting Started: Analytics Critical Success Factors......Page 250
CFO Checklist......Page 256
7 Collaboration via the CFO Portal......Page 258
Doubling Productivity......Page 261
Choosing the Right Portal......Page 264
Integration Outweighs Best-of-breed Technology......Page 269
The Personalized Desktop......Page 270
Why should the CFO Drive Portals?......Page 273
A Journey, not a Destination......Page 280
Growing your Finance Community......Page 287
CFO Checklist......Page 292
8 Managing Intangibles......Page 294
Intangible Assets: The New Value Drivers......Page 297
The Problems with Traditional Accounting......Page 298
A New Approach to Performance Management......Page 302
The Enterprise Control Panel......Page 308
Harnessing Innovation and Customer Relationships......Page 310
Value Creation through Value Networks......Page 314
New Processes, New Skills, New Systems......Page 319
Communicating Value Internally and Externally......Page 320
CFO Checklist......Page 328
9 Integrating for Corporate Integrity......Page 330
Global GAAP and Accountability for Value......Page 334
Rebuilding Public Trust......Page 337
CFO as Independent Business Partner......Page 341
The Corporate Reporting Supply Chain......Page 342
Closing the Information Gap......Page 346
Timely and Accurate Financial Reporting......Page 348
Integrating Processes, People, and Technology......Page 352
CFO Checklist......Page 362
Epilogue......Page 364
Biographies......Page 368
Notes......Page 374
Index......Page 378