【正文】 century169。 Activity Based Management167。 2023 Cap Gemini Ernst Young All rights reservedCGEY Hong Kong / 3 August 2023 – Corporate Finance– M. Bunge / page 7The agenda is shifting. . .Recent agenda? Finance process redesign? Improve the control framework? Improve operational efficiency? Implement ERP applications ? Redesign the role and anization of financeImpact of eBusiness? Increased pressure for productivity and “value” added Finance? Speed and transparency? Advances in technology? Changes in the the way business is done? Distribution of skills across the anization? GlobalisationChanging expectations? Value added finance ? Accessible and visible business intelligence performance measures? Greater speed, flexibility, responsiveness and cost efficiency? Self service / better service? Collaboration and connected munities? Multiskilled employees1990’s 21st Century169。 2023 Cap Gemini Ernst Young All rights reservedCGEY Hong Kong / 3 August 2023 – Corporate Finance– M. Bunge / page 11Quantitative and qualitative benefits of a 21st century finance anization.? Improved shareholder value due to an ability to understand and influence the true drivers that impact it.? Reduced costs due to elimination of shadow finance anizations in the business units. ? Reduced costs due to optimization of transaction processing spend.? Reduced costs due to the elimination of disconnected, financerelated technology purchases.Quantitative Qualitative? Accurate information to react/recover more quickly when the economy changes.? Understanding of how to bine cost cutting efforts with effectiveness improvement efforts to move along the transformation path.? Evolution to a business partnering model between finance and revenue generators. ? Finance savvy enterprise/culture.169。 Matrix anization 167。 Renewed shareholder value focus167。 Variable cost of infrastructure and workforce167。 2023 Cap Gemini Ernst Young All rights reservedCGEY Hong Kong / 3 August 2023 – Corporate Finance– M. Bunge / page 13. .to possess the key characteristics of the 21st century.? Valueadded customer service delivery model.? Highly skilled finance decision support resources.? Financial skillsets “embedded” in key business areas.? Enhanced alignment of strategy and operations.? Integrated budgeting, forecasting, measurement, analysis.? Optimized transactional efficiencies through outsourcing and shared services. ? Integrated processes across the financial supplychain of trading partners.? Advanced webenabled selfservice and productivity enabling tools.? Integrated, corporate portals with secure links to applications.? Integrated projection and analysis tool suites.PeopleProcessTechnology169。 2023 Cap Gemini Ernst Young All rights reservedCGEY Hong Kong / 3 August 2023 – Corporate Finance– M. Bunge / page 17Index.Finance transformation since the 1990’s. Finance control over global operations. Case studies.169。 2023 Cap Gemini Ernst Young All rights reservedCGEY Hong Kong / 3 August 2023 – Corporate Finance– M. Bunge / page 21Daiwa Securities Group Inc.? Daiwa is Japan’s 2nd largest securities firm with revenues of US$ billion. Three years ago, it scrapped its board in favour of a smaller executive style board with outside directors.? In 2023, they created for the first time a head of global finance. ? The head of global finance has carried out major tasks:? Clean up Daiwa’s balance sheet by writing off US$ billion? Centralised group’s cash management? Upgraded IT? Installed a rigorous risk management system which tracks risks on a daily basis.? Daiwa is very conscious of shareholder value.? Fund managers have noticed this “financial turnaround” and increased their stake in Daiwa from 17% to 32% today.Source: Factiva169。 2023 Cap Gemini Ernst Young All rights reservedCGEY Hong Kong / 3 August 2023 – Corporate Finance– M. Bunge / page 25 19:16:5619:16:5619:163/11/2023 7:16:56 PM 19:16:5619:16:5619:16Thursday, March 11, 2023 11 三月 20237:16:56 下午 19:16:56三月 21 1行 動 出成果，工作出 財 富。 沒有失 敗 ，只有 暫時 停止成功！。 1成功就是日復一日那一點點小小努力的 積 累。 1不知香 積 寺，數(shù)里入云峰。 1楚塞三湘接， 荊門 九派通。 2023/3/11 19:16:5619:16:5611 March 2023 三月 21三月 21Thursday, March 11, 2023 三月 2119:16:5619:16Mar2111Mar21 勝 人者有力，自 勝 者 強 。 1最具挑 戰(zhàn) 性的挑 戰(zhàn) 莫 過 于提升自我。 1一個人即使已登上 頂 峰，也仍要自 強 不息。 1 業(yè) 余生活要有意 義 ，不要越 軌 。 1意志 堅 強 的人能把世界放在手中像泥 塊 一 樣 任意揉捏。 19:16:5619:16:5619:16Thursday, March 11, 2023 19:16:5619:16:5619:163/11/2023 7:16:56 PM