webinar series: accelerating the virtualisation of …...webinar series: accelerating the...

Webinar Series: Accelerating the Virtualisation of FinanceDigital Finance Through Virtual Automation

June 4, 2020

2 | Copyright © 2020 Deloitte Consulting LLP. All rights reserved.

2 2 2

Delivering Finance Operations Remotely:

Practical Tips and Client Insights

June 4, 2020

Digital Finance Through Virtual

Automation

June 11, 2020May 28, 2020

1 2

Re-Imagining

Services Delivery

Models in Light of

Covid-19

3 Webinars

Tom Hynes

Digital Finance

(Director)

Xiomara Sanchez

Finance Robotics

(Senior Manager)

Orla Dunbar

Finance Analytics

(Director)

Speakers


20151970 2000

Focus on data capture and storage Data analytics Data as asset

Bu

sin

ess

Pa

rtn

er

Va

lue

Data

capture

Performancetracking

Profitabilityanalysis

DesktopcomputingMain-

frames

Mobiledevices

Manual

Insight

Hindsight

Foresight Cloud

In-memory computing

Visualisation

Process robotics

Advancedanalytics

Cognitivecomputing

Blockchain

Accounting

Business Partnering

Digital

2020

Future of Finance

Lowest performing

quartile


Robotic Process

Automation

Automated Finance

Analytics


Speed & Quality

24/7 Operations

Create Capacity

Manual & repetitive tasks

Imitate human action

System Integration


IdentifyOpportunities

Proof of Value Process

Deploy Virtual Team “Bobby-Bot” is Live!

FasterBetter Quality & Volume


L O W M E D H I G H

Automation Potential

ACCOUNTS PAYABLE

ORDER ENTRY

RECONCILIATIONS

MONTH END CLOSE / GENERAL ACCOUNTING

STATUS TRACKING / UPDATES

ACCOUNTS RECEIVABLE

1

2

3

4

5

6


Source: “The State of Self-Service Data Preparation and Analysis Using Spreadsheets,” IDC


Data Sources

DATA PREPARATION TOOLS(ETL Tools)

DASHBOARDS

S i m p l i f i e d A r c h i t e c t u r e

Data WarehousesERP

Reporting Layer

Data Management & Transformation

Layer

Source Layer

CRM Systems

Spreadsheets

SQL Databases

<10%

>80%

<10%

Focus your automation effort here to reap the benefits


MONTH-END

REPORTING

STATUTORY

COMPLIANCE &

INTERNAL AUDIT

TAX REPORTING FINANCIAL

FORECASTING


CHOOSE SELF-SERVICE

TECHNOLOGIES 1 2 START SMALL, THINK BIG

3PROVE THE VALUE & GET SENIOR STAKEHOLDER BUY-IN

4

5

FOLLOW AN AGILE APPROACH

USE MULTIDISCIPLINARY TEAMS TO ACCELERATE SUCCESSFUL

DELIVERY


Tom Hynes

Digital Finance

[email protected]

Xiomara Sanchez

Finance Robotics

[email protected]

Orla Dunbar

Finance Analytics

[email protected]

Webinar Series: Accelerating the Virtualisation of Finance 13

2 2 2

Delivering Finance Operations Remotely:

Practical Tips and Client Insights

June 4, 2020

Webinar Series: Accelerating the Virtualisation of Finance

June 11, 2020May 28, 2020

1 2

Re-Imagining Services Delivery Models in Light of

Covid-19

3 Webinars

Next Up…

Speakers

2 2 Digital Finance

Through Virtual

Automation

Eoghan Murphy

Director, Finance & Performance Consulting Deloitte

David Brady

Senior Manager, Finance & Performance Consulting Deloitte

Ronan Ferry

Partner, Tax Management Consulting Deloitte

Anthony Maher

Senior Manager, Finance & Performance Consulting Deloitte

At Deloitte, we make an impact that matters for our clients, our people, our profession, and in the wider society by delivering the solutions and insights they need to address their most complex business challenges.

As the largest global professional services and consulting network, with approximately 263,900 professionals in more than 150 countries, we bring world-class capabilities and high-quality services to our clients. In

Ireland, Deloitte has nearly 3,000 people providing audit, tax, consulting, and corporate finance services to public and private clients spanning multiple industries. Our people have the leadership capabilities,

experience and insight to collaborate with clients so they can move forward with confidence.

This publication has been written in general terms and we recommend that you obtain professional advice before acting or refraining from action on any of the contents of this publication. Deloitte Ireland LLP

accepts no liability for any loss occasioned to any person acting or refraining from action as a result of any material in this publication.

Deloitte Ireland LLP is a limited liability partnership registered in Northern Ireland with registered number NC1499 and its registered office at 19 Bedford Street, Belfast BT2 7EJ, Northern Ireland.

Deloitte Ireland LLP is the Ireland affiliate of Deloitte NWE LLP, a member firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”). DTTL and each of its member firms are

legally separate and independent entities. DTTL and Deloitte NWE LLP do not provide services to clients. Please see www.deloitte.com/about to learn more about our global network of member firms.

© 2020 Deloitte Ireland LLP. All rights reserved.

http://www.deloitte.com/about

webinar series: accelerating the virtualisation of …...webinar series: accelerating the...

Documents