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How Finance Leaders Must Pivot from Reactive to Proactive Planning (brought to you by Prophix)

Description

At the very beginning of 2020, finance executives were far more likely to rely on stock market indices than readings from Internet-connected thermometers to inform their forecasts. Since then, companies have contended with challenges they have not previously encountered, so traditional approaches to planning and forecasting are no longer sufficient.

We are approaching the end of 2020 with no certainty around how long the economic environment will remain stressed and finance leaders must work to build plans to sustain the business.

We will discuss best practices around liquidity management during this webinar and the need to plan for multiple economic scenarios to see your business through the next 12-18 months.  Also, hear how organizations can utilize Corporate Performance Management (CPM) software to quickly and efficiently facilitate “what-if” planning to sustain their businesses through these trying times.

Speaker bio:

Wayne Slater, Author, Blogger

For more than 25 years, Wayne has been helping organizations solve their product and business growth challenges. Described as an innovative marketer and results-driven business development specialist, Wayne has measurable success spanning multiple industries and channels with a proven track record for increasing awareness, driving engagement and revenue creation.

His passion is content creation and as a result is a published author. Wayne’s 2014 book, “Food Traceability for Dummies” is a must read for anyone needing a primer on how to research, prepare and profit from traceability.
Wayne’s 2009 book, “Clusters for Dummies” teaches how commodity computing technology can economically tackle some of the world most sophisticated compute-intensive challenges.
 
Prior to Prophix, Wayne has held strategic positions with companies such as SYSPRO, Carlisle Technology, Eloqua (Oracle), Platform Computing (IBM), and Hummingbird Communications. Outside of work, he loves playing hockey, tennis, dabbling in music, cars and is still waiting for the Leaf’s to win a Stanley Cup in his lifetime.

Learning Objectives
  1. How to address immediate liquidity needs and beyond.
  2. How to determine what scenarios to prepare for.
  3. Understand what kinds of information finance leaders require from other departments within their companies, as well as from external sources, to model scenarios.
  4. How finance leaders can apply the latest technological advances to develop, disseminate, and refine plans enables their companies to persist and adapt amid uncertainty.
Course Level
Basic
CPE Field of Study
Finance
1
Prerequisites

None

Advanced Preparation

None

Location
Online
Sponsors
Event Information
When
Dec 2, 2020
12:00 pm - 1:00 pm EST
Location
Online
Total CPE Credits
1
Format
Webcast Replay

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How Finance Leaders Must Pivot from Reactive to Proactive Planning (brought to you by Prophix)


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