October 06, 2015 @ 2:00 pm - 3:00 pm
Show in my time zone
Aberdeen Group - Nick Castellina
Trufa Inc. - Bryan Plug
A key responsibility of a CFO is to accelerate the conversion of investments in inventory and receivables into cash. This is often much easier said than done. Many organizations lack real-time insights into cash balances, and many more are unable to predict when cash will be available. As a result, decision-makers cannot effectively measure cash flows and use that information to make better choices regarding payments and collections -- or inventory management -- which gives them less confidence when making investments that will impact the business.
The good news for organizations that are experiencing these challenges is that recent technological advances -- particularly in predictive analytics -- are enabling finance leaders to make better decisions on working capital. They can grasp the entire enterprise dataset and interrogate it with advanced statistics and analytics, including interactive simulation capability. Research from the Aberdeen Group finds that among finance departments, those that are best-in-class are 78% more likely to implement predictive analytics.
Why attend this webinar:
1. What CFOs should know about predictive analytics
2. The challenges that CFOs most often face when managing working capital
3. How finance teams can use predictive analytics to develop what-if scenarios, and better inform their decisions, about working capital
More information about the speakers:
Aberdeen Group - Nick Castellina - Research Director, Business Planning and Execution - Twitter @Aberdeengroup
Nick Castellina is the research director with the Business Planning and Execution practice at the Aberdeen Group. He joined Aberdeen in 2010.
Nick's primary research focuses on how enterprise resource planning (ERP) software is used differently across industries, and how it can apply to all roles within an organization.
Trufa Inc. - Bryan Plug - CEO - Twitter @gettrufa
Bryan Plug is the Chief Executive Officer of Trufa Inc. As President of SAP Canada and Executive Vice President of SAP Americas, Bryan was instrumental in SAP's emergence as the leading enterprise software company.
In the role of CEO, Bryan has also led other successful companies, including Kintana and SMART Technologies, in delivering transformational solutions to the enterprise marketplace.