Data-Driven Finance & Accounting Workshop

Foundations of Data-Driven Finance

- Utilise data effectively to drive finance and accounting practices

- Establish a modern structure for data-driven finance decision-making

- Improve processes and foster innovation for better financial outcomes

Centres of excellence and collaboration

- Develop essential skills required for finance evolution

- Embrace a growth mindset and adapt to industry changes

- How to leverage finance business partners for strategic decision-making

KPIs and measuring the right stuff

- Measure and track value creation using actionable KPIs

- Utilise data for accurate planning, forecasting, and budgeting

- Financial modelling with industry awareness and a clear focus

Modelling vs analytics

- Understand and apply financial modeling and analytics effectively

- Utilise advanced technology and tools for modeling and analysis

- Make data-driven assumptions for optimal outcomes

Key tools for a data-driven finance team

- Automation(RPA), AI, Machine Learning, Blockchain

- Differentiate between Core and Edge Technology for effective implementation

- Address spreadsheet issues and apply solutions 

How to achieve efficiencies in modelling by automation

- Develop flexible models to manage variable uncertainty

- Incorporate sensitivity analysis to mitigate risk and increase accuracy

- Overcome common pitfalls in complex financial models using appropriate tools

Visual influencing and Business Intelligence (BI)

- Discover data insights and stories

- Stay updated on visual influencing trends and their impact on decision-making

- Establish a robust structure for data analytics and visualisation techniques

Practical exercise - Effective presentation and influencing skills for better strategic decision making in a collaborative setting 

The future of Data-Driven Finance

- Address leadership challenges in the digital age and assess team capability for improvement

- Embrace adaptive leadership in uncertainty

- Take action towards data-driven strategies