Name: How Lack of Financial Visibility Affects Decision Making
Start: 2023-05-18T09:00:00Z
End: 2023-05-18T09:00:33.000Z
Location: BrightTALK
Rating: 0

For more than 20 years, Oracle NetSuite has helped organizations grow, scale and adapt to change. NetSuite provides an integrated system that includes financials / Enterprise Resource Planning (ERP), inventory management, HR, professional services automation and omnichannel commerce, used by more than 24,000 customers in 203 countries and dependent territories.

Step-up financial visibility, gain deeper insights.

Unlike traditional reporting methods that focus on one-dimensional metrics, such as revenue or expenses, multidimensional reporting takes into account various factors that impact overall performance. It empowers you with actionable insights that were previously buried in piles of spreadsheets or obscured by limited views provided by traditional reports.

Join us for a demonstration to discover the power of NetSuite’s multidimensional financial reporting capabilities, including:
- Streamline the Chart of Accounts while increasing analytical detail.
- Define multiple dimensions or segments for each account.
- Analyze data by account type across multiple dimensions.
- Gain deeper insights into operational performance.

Maximize Your Accounting Data with Multidimensional Reporting

Worsening climate change, the 2022 energy crisis, and growing attention on ESG and sustainability are just a few of the drivers propelling more companies to invest in renewable energies. As organisations, especially energy-intensive ones, look to mitigate against volatile energy prices, tightening sustainability regulations, and alternative revenue streams, how they operate in increasingly disrupted energy markets will only become more complex.
 
To succeed in the renewable energy space, these companies need tools they may not have leveraged in the past, as well as operational models that provide the flexibility needed to manage intermittent energy resources (foremost solar and wind). These solutions will need to provide real-time visibility and related insights for decision-making.
 
Real-time visibility of business financials and unification of back-office operations are two of the key benefits that technology, such as cloud ERP, can have on businesses to fuel innovation, drive sustainable growth, and make decisions faster.
 
Watch this session as guest speakers from IDC and Oracle NetSuite, discuss:
• Current renewable energy market trends and challenges.
• The impact of energy transition for businesses.
• The key roles played by finance and operations during this transformation.
• Benefits of embracing software to support this change.

Why Cloud ERP is Critical for Growth with Businesses Utilising Renewable Energy

Make it easier for finance to be more efficient and collaborate more effectively.

Finance spends a significant amount of time collecting, consolidating, and analyzing data during planning and forecasting cycles. By using artificial intelligence (AI), data can be rapidly analyzed to detect trends and anomalies.

View this product demo webinar to learn how AI-driven prediction algorithms in NetSuite Planning and Budgeting can:
- Enhance and accelerate data analysis by using AI to continually monitor and analyze plans, forecasts, and variances.
- Quickly analyze large amounts of data so finance can take faster actions and reduce time spent on analysis.
- Improve data accuracy and decision-making by uncovering trends, anomalies, biases, and hidden correlations that might be missed with traditional analysis methods.

Use AI-Driven Insights for Faster, Better Planning and Forecasting

Breaking down AI strategies with automation, analytics, and more.
AI is no longer confined to the realms of science fiction or cutting-edge research labs. It is becoming increasingly pervasive in nearly all aspects of our lives, as businesses and governments leverage the power of AI to help streamline operations, enhance customer experiences, and solve complex problems.

Join our session with Glenn Hopper, author of Demystifying AI, who will discuss the increasing importance of AI and how to harness its potential—no computer science or engineering background required. This includes breaking down complex concepts into digestible explanations and real-world examples.

This session will:
- Provide a clear and concise introduction to AI, machine learning, deep learning, and neural networks.
- Explain the various applications of AI across different industries and how it is shaping our world.
- Discuss the future of AI and its potential impact on job markets, education, and society.

Demystifying AI for Finance Leaders

Oracle NetSuite webinar in partnership with CIMA (Chartered Institute of Management Accountants): Cloud, automation and AI shaping the future of finance. How to become future-ready.

There has been a quantum leap in tech adoption among businesses. The popularity of new technologies will only accelerate - results from our NetSuite survey of 500 CFOs and other financial leaders, with 90% of them stating they will use automation, AI and fintech by 2024. With purse strings tightened, and CEOs and owners in many industries asking their leadership teams to address spending priorities, what technology should you adopt to ensure you can become future-ready?
Join this webinar as our expert explores how finance departments can organise for the future, using technology to enhance efficiency, flexibility and scalability to support quick and accurate decision making to drive profitability.  

Discussion topics include: 
• Assess your companies present, and future business applications needs. 
• Adopt and build in technology to improve efficiency, data collection and decision-making.
• How technology can support in providing meaningful, real-time insights.

Cloud, automation and AI shaping the future of finance

Learn how to avoid risks when implementing an ERP.
View this webinar to find out more about NetSuite's Customer Success services and how they can be fully utilised to ensure that our customers receive the maximum return on their investment.

You will learn more on:
- Identifying potential risks on an ERP implementation project.
- Mitigating risk during an ERP implementation.
- Utilising NetSuite's Customer Success team.
- Success stories from NetSuite customers.

How to De-Risk Your ERP Project

Women entrepreneurs and executives play a pivotal role in economic progress and company success. To celebrate Women’s History Month, NetSuite is hosting a special edition of Women Who Mean Business, which will focus on how investors and financial executives are driving businesses forward through investment in women.

Join us for an engaging discussion around transformative change, with an emphasis on:
- The Importance of Investing in Women: Unpacking the economic and societal benefits of backing women-led ventures.
- Empowering Women in the Workforce: Exploring how to develop female talent and contribute to advancing women in finance and beyond.
- Navigating Capital, Equity, and Corporate Hierarchy: Offering practical advice and strategies for women seeking to raise capital or advance their careers.

CFOs Investing in Women: Celebrating Women’s History Month

Building the Right Implementation Team: Unlock the full potential of your ERP project.

Organisations choose to implement an ERP system for many reasons; including to increase productivity, create a better experience for customers, and reduce costs. An ERP system can eliminate many spreadsheet-based processes because it provides a unified set of business process tools and a single database with information from across the business that everyone uses.

But because an ERP system affects so many aspects of the business, the implementation of the software can be a large and lengthy project. It’s common for an implementation to take a few months, and it often takes large businesses even longer to go live. Mistakes in planning or implementation, such as poorly defined goals or requirements, can cause further delays.

Watch this webinar where we will dive deeper into the topic of ERP implementation, providing you with expert guidance and practical strategies to ensure a smooth and successful transition. Our speakers will discuss:
- Choosing a clear project methodology for your ERP implementation.
- Building the right implementation team: Why is it so important?
- Key roles and responsibilities.
- How a successful implementation project is key to unlocking the value of your system early.

Building the Right Implementation Team

Oracle NetSuite webinar: "The CFO Agenda for 2024: Automating financial fundamentals".

Last year’s CFOs were forced to guide their companies through an unpredictable economy, and many played a vital role in helping their businesses emerge stronger than before. Now, a new year is here. Get a jumpstart with the inspiration and tips you need that will position your finance team to remain a key driver of your company’s success.

During the session we’ll discuss actionable ideas ranging from highly tactical to big picture, including:
- Impending regulations to know about and how to prepare for them.
- Use cases and best practices that will help finance teams derive real value from AI
- Financial processes you should automate to make the most of your team’s skills.

The CFO Agenda for 2024

Oracle NetSuite webinar: "CFO's Essential KPIs Beyond Finance".
How CFOs leverage KPIs across the organization?
When it comes to KPIs, finance leaders are asked not only to manage those on the financial side, but also to connect them with non-financial metrics. From determining how to get the sales department most engaged with organizational profit, to linking operational data with financial statements, finance leaders are in a unique position to bridge KPIs across departments.

Watch our latest session with KPI guru, Bernie Smith, as he discusses how to build engagement with the wider business and combine cross functional KPIs into a holistic view. We cover:
- Important, but hard to measure KPIs.
- Specific areas where finance can engage with the wider business.
- Early warning indicators to help create actionable signals for your metrics.
- Best practices for working with non-finance functions.

CFO's Essential KPIs Beyond Finance

The CFO’s AI Breakdown: Growing AI expectations for CFOs.

Though the full ramifications of artificial intelligence—both good and bad—are still unclear, its promise is enticing. Tools like ChatGPT have caught the attention of the masses; but other instances of AI and, more often, machine learning have undoubtably made businesses more productive.

In particular, CFOs and finance professionals are gearing up for yet more change to their already evolving role. As strategic leaders, they are uniquely positioned to determine what the impact of AI will be on their organization.

Join this session as we discuss how AI can impact the finance function and how to harness it for your team’s benefit, including:
- Understanding the difference between machine learning and true artificial intelligence.
- How AI and ML technology is being embedded in business applications.
- Why CFOs and controllers are adopting AI with cautious optimism.

The CFO’s AI Breakdown

Oracle NetSuite webinar: "How AI Can Accelerate and Improve Financial and Operational Planning"

Discover more insights faster, speed up data analysis.

The foundation of business planning is dependent on the accuracy and completeness of the data that is available. Unfortunately, the data used for planning is often in spreadsheets and separate systems that involve manually collecting, consolidating the data, analyzing it, then generating reports. These manual processes are not only time-consuming but also prone to errors, particularly when working with large datasets.

Join this product demonstration webinar to learn how artificial intelligent (AI) predictive planning capabilities in NetSuite Planning and Budgeting can:
- Consolidate and automate planning processes, so finance teams can quickly and easily forecast, scenario plan, and report with one solution.
- Enhance and accelerate data analysis by using AI predictive algorithms to continually monitor and analyze plans, forecasts, and variances.
- Quickly analyze large amounts of data so finance can take faster actions on insights.
- Improve data accuracy by uncovering trends, anomalies, biases, and hidden correlations.

How AI Can Accelerate and Improve Financial and Operational Planning

AI is the technology of the moment, and the future: Join our deep dive into IDC’s AI predictions for the next 12 months.
 
Though the full ramifications of artificial intelligence (AI)—both good and bad—are still unclear, its promise is enticing.
 
Over time as the C-suite, finance leaders, and their teams grow comfortable with AI, they will be able to understand the kind of shift that AI can bring to their various business processes; and the future impact AI can have on finance departments.
 
Watch this webinar as industry and product experts, from Oracle, and Oracle NetSuite along with a guest speaker from IDC, discuss through a finance lens how AI can be applied to benefit your business.
 
• Defining generative AI, Machine Learning, and Robotic Process Automation (RPA).
• Predictions for how AI can impact businesses over the next 12 months.
• Understanding how generative AI’s can have an impact on finance departments today and in the future.
• How to apply AI technology for business benefit (automation, data-driven insights, modelling, governance, and security).
 
^Please note: registrants will not receive a copy of the IDC FutureScape: Worldwide Generative Artificial Intelligence 2024 Predictions.

CFO of the Future: How Can AI Impact Your Finance Function?

Reduce Handling Costs and Optimize Cash Flow.

Effective inventory planning can mean the difference between profitability and piles of unsold goods that tie up cash. 
View this product demo webinar to learn how NetSuite’s inventory management and demand planning functionality helps businesses:
- Ensure Product Availability. Demand-based planning uses historical demand, sales forecasts and seasonality so you have the right amount of stock.
- Eliminate Excess Inventory. Order and re-order based on demand, reducing excess inventory that will go unsold or need to be discounted.
- Increase Profitability. Pinpointing when to reorder items, and in what quantities, allows businesses to optimize stock levels, improve forecast accuracy, and minimize carrying costs.
- Gain Visibility into Stock. Proactively monitor stock levels and sell through, transferring inventory between locations to ensure inventory availability and minimize obsolete inventory.

Overcome Inventory Planning Problems

Skills CFOs Need Now for Career Growth.

Female CFOs have made great strides in recent years and are even expected to exceed 50% representation in the next 10 years. As the CFO role has continued to push for a strategic mindset, female CFOs have stood out by developing and honing communication skills, adapting to both organizational and technological changes, and driving empathic leadership.

Join this session to learn more about the skills that set female leaders apart and how they are specifically suited to success in the CFO role and beyond.

These powerhouse leaders will discuss:
- Top skills to grow and hone for continued success.
- The power of adapting to new trends and technologies.
- Strategies for avoiding risk while embracing change.
- Impact of women moving into other C suite roles.

Women Who Mean Business: Skills CFOs Need Now for Career Growth

Replace Monthly Manual Report Builds

Having the right data to make decisions and respond to customer demands is critical for any business. Yet, the reports required to generate insights often require hours of manual and tedious work every month. Patching internal data with external data sources is frequently filled with inconsistent and unreliable results.

View this  product demo webinar to understand how NetSuite Analytics Warehouse simplifies data management and automates reporting in the following ways:
- Provides a prebuilt data warehouse to retain and centrally access all your business data.
- Consolidate NetSuite transactional data with historical data to track current performance against prior periods.
- Easily blends in outside sources using prebuilt connectors to Google Analytics, Shopify, and Salesforce for robust reporting.
- Simplifies access to insights with prebuilt and configurable key metrics, trend charts and reports with daily automated refresh.

Simplify Data Management and Automate Reporting

Embark on a transformative exploration into the world of holistic business solutions with Daniel D'Souza, NetSuite Senior Solution Consultant. This session is full of invaluable insights into crafting a comprehensive and effective business approach.

During the talk, we will deep dive into the power of NetSuite—a comprehensive, scalable, and flexible solution that aligns seamlessly with the needs of growing businesses. NetSuite offers the essential tools necessary to manage complexity and support expansion initiatives. Gain a deeper understanding of how NetSuite can elevate your business strategies, providing a holistic platform to navigate challenges and foster growth.

Why Attend: 
• Stay Ahead: Bring forward your strategic thinking with insights into a complete business solution. 
• Immediate Application: Gain insights ready for immediate application in your professional journey. 
• Unlock Demand: Access this session online at your convenience.

Unlock the Power of a Complete Business Solution

Embark on a transformative journey into a CFO's innovative approach to Key Performance Indicators (KPIs) with Ajinkya Sonawane, NetSuite Senior Solution Consultant. Successfully delivered at GITEX, this exclusive session now awaits you on-demand, offering a deep dive into invaluable financial insights that will reshape your strategic perspective.

From GITEX to You: 
You spoke, and we've listened. Here, filled with finance's invaluable insights, is the session that will reshape your understanding of KPIs. Ajinkya Sonawane's insightful talk, originally featured at GITEX, is now exclusively available for you to access on-demand. 

Why Attend:
• Stay Ahead: Apply your financial knowledge to create the right KPI strategy for your business.
• Immediate Application: Gain insights ready for immediate application in your professional journey.
• Unlock Demand: Available online to consume at your pace.

The CFO's New Approach to KPIs

Oracle NetSuite webinar: How Lack of Financial Visibility Affects Decision Making. Financial Reporting & Analytics Tools for Better-Informed Decisions.

Timely, accurate financial data is a must have for effective decision making. Unfortunately, many accounting systems make it difficult to take advantage of this data. Inflexible reports, limited analytics, and reliance on spreadsheets result in poor financial visibility and suboptimal decisions.

Watch this product demonstration webinar and see how NetSuite’s reporting and analytics capabilities:
- Improve decision making by putting essential tools and information in front of each user.
- Enable team members to identify opportunities, monitor performance, and improve results.
- Provide flexibility to tailor reports and metrics for different audiences and user preferences.
- Enhance security by controlling access to sensitive financial data.

How Lack of Financial Visibility Affects Decision Making

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How Lack of Financial Visibility Affects Decision Making

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