hot topics treasury seminar · hot topics treasury seminar 13 juni 2013 user interfaces enables to...

Hot topics treasuryseminar

Beheerst nieuwe regelgevingook uw agenda?13 juni 2013

www.pwc.nl

PwC

45% are not satisfied with the quality of theproduced forecasts, especially for the mid-to long term horizons

Transaparency, reliability and process effeciencyare key in forecasting and reporting processes

213 juni 2013Hot topics treasury seminar

“It‘s not a problem of too little information– we have plenty of forecasts. The problem is theyare produced from different sources, and telldifferent stories…”

“We are not sure how thebusinesses put together theforecast data they send us, and I amsure they don‘t understand why weneed it or how we‘ll use it – leading tomisunderstandings, wastedeffort and poor information…”

44% of the corporates are aimingincreased data transparency andreporting significance.

Opinions Facts (PwC Cash flow Excellence Study )

40% of the corporates arelooking for means to increasethe degree of automation forcash forecasting and reporting

PwC

Despite limitations, Excel often serves asforecasting tool due to flexibility and ease of use


ERPTMSReuters

PreparationMaster-Excel

Duplication offile

Roll-out viae-mail

Monitoring ofreturn flow Central

validation

Manualaggregation

Manual integration ofcentral system data

Appraisal /analysis

Processing formanagement

Advantages:

• Easy to use & flexible• „close“ to operating

department

Disadvantages:

• Error-prone & not audit proof• Time-consuming aggregation• Generally high degree of

manual work• Waste of valuable human

resources• Significant delays in the

availability of important data• Lack of multi-user- ability• Insufficient ability to integrate

in system landscapes

PwC

Treasury Intelligence combines flexibility andbusiness user orientation with scalable IT solutions


Advantages:

• Establishing a „SinglePoint of Truth“

• Realizing „StraightThrough Processing“ viainterfaces and automationof calculation / analysissteps

• Multidimensional datamodel

• Read / Write access to datathrough various front-ends

• Multi-User capability• Immediate availability of

data, greater transparencyand validity

ERPTMSReuters E-Banking

*.csv /txt

Front-End: MS Excel, Web-Browser or Mobile App

Manualdata input

Reporting

CentralTreasuryDatabase

Data Sources

PwC

Profit from efficiency gains, increased datatransparency and independence


Efficiency by reducing manualworkload

Speed through the set-up ofStraight-Through-Processing

Tailor made by coveringindividual requirements

Security / Scalability throughrobust technical platform anduser rights concept

Transparency by enabling dataanalysis from multipleperspectives

Flexibility by business userorientation

Independence by self service BIapproach

Validity through central datamanagement and automated dataintegration

PwC

Technical components of a BI technology


User Interfaces

Enables to design and use planning-,analysis- and reporting functions.

Database (OLAP)

ETL Instrument

Enables integration into existing systemlandscapes by setting-up interfaces between theBI database and different source / pre- systems.

e.g. SAP or Oracle

Saves Spreadsheet data into a centraldatabase (multidimensional) which islocated on a server within the corporatenetwork.

Process, Workflow & Scripts

Enables definition of monitoringactivities as well as automatic process

controls and workflows.

EVENT

BusinessIntelligence

PwC

Key success factor: the appropriate technicalplatform for the specific requirements


• Spreadsheet approach

• Simplicity and ease of use

• Flexibility

• Excel-Integration and Web-Front-End

• Writeback functionality

• Implementation time

• Performance / Scalability

• IT-Strategy

• Costs

Criteria

Data Mining Templatedriven

BPC

Enterprise BI

Business User BI

PwC

4 steps from an idea to an operational solution


Design ofapplication andfunctionalitiesin MS Excel

Transformation toWeb-Application

with„button click“

System-administration

using either Web-or Excel

Front-End

Data input viaExcel or Web

Reporting inExcel, Web or

Mobile App

Definition andconfigurationof user-rightconcept

Configurationof interfaces topre-sytems withETL Server

Definition andsetup of databasewithin MS Excel

PwC

Forecast Structure

Client case: design and implementation of a cashforecasting solution


∑

OP FI IN …

System

From … to …

Excel based forecasting model Web-based forecasting solutionbased on a Business Intelligenceplatform

Auto-mation

Time consuming an error pronemanual steps to create theforecast and correspondingreporting

Integrated forecasting andreporting suite with databasecalculations, reducing the manualworkload to a minimum-> “Straight through processing”

DataAnalysis

Burdensome data collection,validation and manualaggregation

Provision of automated scenariocalculation and data analysisfunctions on all levels of detail

Reporting Manual report generationbased on multiple, non-integrated data sources

Comprehensive web-basedstandard reporting and ad-hocreporting capabilities based oncentralised and homogenousdatabase-> “Single point of truth”

Forecaststructure

One year non-rolling horizonbased on daily granularity

One year monthly rolling horizonbased on different granularities(i.e. short-term and long-term)

Datasources

No interfaces to anyoperational pre-systems andmanual data collection

Interfaces to relevant pre-systems(ERP / market data) and statisticalmethods to produce long termforecasting data based on historicactuals

.txt .txt .txt .txt

f(x) f(x) f(x) f(x)

Actual data Forecast data

FX rates

PwC



System

From … to …


Auto-mation



DataAnalysis





Forecaststructure



Datasources



.txt .txt .txt .txt

f(x) f(x) f(x) f(x)

Actual data Forecast data

FX rates

Forecast Structure

PwC



System

From … to …


Auto-mation



DataAnalysis





Forecaststructure



Datasources



.txt

.txt

.txtERP

n

i

ii

xx

1

1

12

FXrates

Forecast Structure

PwC

Forecast Structure



System

From … to …


Auto-mation



DataAnalysis





Forecaststructure



Datasources



Standard Web Reporting Scenario Analysis Ad-Hoc Reporting Excel

.txt

.txt

.txtERP

n

i

ii

xx

1

1

12

FXrates

Central data management

PwC



PwC

Live Demonstration


PwC

Treasury IntelligenceOur credentials


Cash Forecasting &Liquidity Reporting

Technology

Liquidity Planning &Financial Reporting

TechnologyTechnology

Credit RiskManagement

Technology

Treasury Reporting

Trade

IAS 39 Checklist

Energy

EGL

ManagementReporting

Reconciliation

Balanced Scorecard&

Value Driver Tool

Consumer

Indirect Cash FlowPlanning

Technology

Indirect Cash FlowPlanning

Technology

CO2 Reporting

Retail

Cash Forecasting &Financial Reporting

Sales Controlling

Automotive

Cash Forecasting

Logistics

Fraud RiskMonitoring

FinancialServices

Contract Management

Risk Management

Energy

Contacts

© 2013 PwC. All rights reserved. Not for further distribution without the permission of PwC."PwC" refers to the network of member firms of PricewaterhouseCoopers International Limited(PwCIL), or, as the context requires, individual member firms of the PwC network.

Please see www.pwc.com/structure for further details.

Ernes ZelenDirector, Treasury Advisory

Amsterdam

Tel.: +31 88 792 7199

[email protected]

Philipp AppenzellerSenior Consultant, Treasury Advisory

Düsseldorf

Tel.: +49 211 981 2971

[email protected]

hot topics treasury seminar · hot topics treasury seminar 13 juni 2013 user interfaces enables to...

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