【正文】 ciliation ? Standard general ledger packages ? Multicurrency and multilingual accounting packages ? Financial database for analysis amp。 2020 Cap Gemini Ernst amp。 2020 Cap Gemini Ernst amp。 2020 Cap Gemini Ernst amp。 performance measures ? Greater speed, flexibility, responsiveness and cost efficiency ? Self service / better service ? Collaboration and connected munities ? Multiskilled employees 1990’s 21st Century 169。 Young All rights reserved CGEY Hong Kong / 3 August 2020 – Corporate Finance– M. Bunge / page 8 . . . from transaction processing to valueadded decision support. Number Cruncher 21st Century Finance Partner Decision Supporter Number Manipulator 1990’s 21st Century ? Transactions Minimized ? Provider of Significant Strategic value ? Realigned to operate like a business ? Significant Efficiencies Obtained ? Implementing Analytical Solutions ? Reducing Cost of Finance ? Building Effectiveness Foundation ? Non Value Added Function Legend Decision support Control Reporting Transaction Processing Shared services or outsourced financial transaction processing Core finance functions 30%40%10%20% 20%25%35%20%20%35%30%15%10%20%50%20%169。 Young All rights reserved CGEY Hong Kong / 3 August 2020 – Corporate Finance– M. Bunge / page 9 Few panies consider finance to be achieving its maximum efficiency and effectiveness potential. According to CGEY’s RapidFx Benchmark Study ? Only 18% of panies utilize a Group/Sector/Corporate data warehouse. ? Only 46% of panies have implemented shared services as a key part of the pany’s business strategy. ? Of those that do utilize shared services, only 17% have clear performance measures. 67%, however, view this as very important. ? Only 37% of panies say technology has been the key enabler for their shared services. However, 79% say technology should be the most important key enabler for shared services. ? Few panies have been successful in leveraging statistical analysis software for internal and external reporting needs. ? Few panies are succeeding in driving maximum business value from their technology investments by automating and routing transaction processing. 169。 Young All rights reserved CGEY Hong Kong / 3 August 2020 – Corporate Finance– M. Bunge / page 10 All financial processes are coordinated around a mon goal of improving shareholder value. Shareholder Value Enterprise value maximization Transactional processing Management insight How does finance optimize, grow, downsize, and invest in order to drive shareholder perception? How does finance synthesize and analyze data to provide true business intelligence supporting critical decisions? How does finance significantly improve or even get out of the traditional finance transaction business? 169。 Young All rights reserved CGEY Hong Kong / 3 August 2020 – Corporate Finance– M. Bunge / page 11 Quantitative 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。 Young All rights reserved CGEY Hong Kong / 3 August 2020 – Corporate Finance– M. Bunge / page 12 Finance therefore bees a proactive unit in the firm.. Proactive Agenda ? High fixed cost business model ? FTE cost reductions ? Matrix anization ? Transactional processing consolidation ? Semiintegrated technology platforms ? Large reporting packages ? Renewed shareholder value focus ? Financial transparency and integrity ?