CPM – Finance Adding Value
through Integrated Planning
Ann Flatz
Global Accounting & Financial Services Controller – Intel
FEI CFIT Meeting, Walmart
September 2009
David Taylor
Vice President, Strategy - Trintech
Agenda
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Summary of June Meeting (Oracle/ Hyperion)
Vision for Summit ‘10 and Educating Members
Upcoming CFIT Meeting Topics and Speakers
The 7 key takeaways from Summit ‘10
FEI CFIT June 2009 Summary
Oracle – John Kopcke
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Key Business Challenges
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Challenges in Forecasting – foggy conditions
prevail
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70% of CFO’s today can’t forecast more than one quarter out
Resulting in Withdrawal of Earnings Guidance
‘Now is the time for the next wave: Management
Excellence’
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Access to Capital, Cost Volatility, Interest & Exchange Rates,
Competitive Landscape
Going beyond Operational Excellence; a Smart, Agile and Aligned
Enterprise
The 7 Imperatives to deal with the Economic Crisis
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Results, Monitor, Plan Flexibly, Re-think Strategy, Decide, Build
Trust, and do all in Concert
FEI CFIT June 2009 Summary
Oracle – John Kopcke
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Integrated Business Planning
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Strategic Planning often fragmented
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Complex spreadsheets, not consolidated, errors, accounting
integrity, cumbersome modeling and simulation times
Managing Risk and Uncertainty
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Linkage of the Strategic Plan and Business Goals to Operational
and Financial Plans, through Integrated Impact analysis
Use of tools such as Monte Carlo Simulation for quantifying risk
and ranges of different outcomes
Integrate Strategic Planning with Budgeting &
Forecasting Process
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Strategic Plan -> Budget->Forecast. Update Strategic plan with
latest
Vision for Summit ‘10
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May 2010 – Integrated Planning will still remain a
key topic – Key Milestone
Deliverables:
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Provide a series of sessions
Panel Session of Best Practice Examples
Technology options Overview, (John K Oracle/
Gartner?)
Fundamental Drivers of Business
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Controlled and Uncontrolled, Internal & External
Requirements:
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Find Best Practice Example Corporations
Assessment of the various Technologies available
How Do We Get There?
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FEI CFIT December 2009:
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FEI CFIT March 2010:
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Presentation by Best Practice Corporation
Gartner CPM Tech Overview: from CFO Perspective?
Presentation by Best Practice Corporation
CIMA presentation on Organizational and People
aspect
FEI CFIT Webcast (‘09/’10):
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Webcast on CPM by Technology SubCommittee
The 7 Key Takeaways from FEI
Summit 2010 - A Business Case Approach:
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Initiating a CPM Project – Scope & Feasibility
Designing the Integrated Planning System:
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ROI and Cost Benefit Analysis:
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‘What Tangible and Intangible Benefits can be achieved?’
Funding the Project:
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Technology Selection: current offerings, gaps
People, Process, Internal Governance; Transformation
Integrating with the ‘Environment’
‘What have other Companies done to achieve funding for investing
in transformation of the Planning function?’
Implementation Cases
Measuring Success: Finance Adding Value
KPI’s, KRI’s and Continuous Improvement