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Live Webinar

Finance:

From Cost Centre to Profit Centre

Overview

Title: Finance: From Cost Centre to Profit Centre 

Type: Live webinar

Date: 23 June 2021

Time: 11:00 GMT +2

Duration: 45 min

Summary

To survive and thrive in an ever-changing world, Finance has moved beyond just being an accounting and reporting function. Finance is now, more than ever, responsible for business performance and required to operate as a Profit Centre instead of a Cost Centre. To achieve this, it’s critical that Finance adopts active planning and rolls this out across the business.

Finance teams who adapt and drive an active planning world are better prepared to deliver strategic insights and make well-informed decisions.

What you can expect

This webinar will showcase how implementing an active planning approach took companies from Cost Centres to Profit Centres to achieve the following:

 

  • Saved $2 million by reducing discretionary spending by 10%
  • Saved $8 million in the first year due to accurate forecasting
  • 5% margin increase across the product portfolio, translating to a $10M impact

Agenda & Speakers

  • Opening & Welcome

  • Finance: From Cost Centre to Profit Centre

  • Live Workday Adaptive Planning demonstration

Jennifer Jefferys

FP&A Business Unit Manager
Decision Inc.

Anri Keyser

FP&A Sales Executive
Decision Inc.

Gideon Struwig

Technical Representative
Decision Inc.