element61 takes part in "Digital Finance event" from CFO Magazine - Financial Media on the 15th of May 2018. The event focusses on all aspects of digitalising the Office of Finance.
In today's digital world, the finance function needs to be more efficient, more flexible, more forward-looking and more decisive, more effective. There is no other option for the finance function to become fully digital.
Digital technology has already profoundly changed the relationship between customers and suppliers. Now technology is fully impacting the bigger picture: how companies are structured, how they function and how they manage and improve performance, including measuring, communicating and responding to information to help identify the company's value creation.
For the finance function, this means that insights are gained from the increasing volumes of data circulating in the company and that, more than ever, finance must be able to respond to the demand of all stakeholders in the company to have the right information at the right time. This means that finance needs flexible information (processing) technologies. This will also allow finance to respond more easily to other business models, different scale of enterprise, disruption, etc.
If the finance function does not start its digitisation project today, it will lose its leading role in the company in the short term. But digitizing is much more than just installing tools. It also impacts the underlying processes and most of all the employees. New skills and competences will have to be developed.
element61 will be presenting during 3 slots :
Topic 1 : Business Analytics Roadmap
Business Intelligence, Performance Management (consolidation & planning/budgeting) and Advanced Analytics/Big data are “hot topics” but mature technologies – How do you get started and what to take into account when selecting technologies, assigning budget, building the business case, choosing the sequence of iterations and composing internal & external teams & skillsets ? Choose this session to learn how to develop your own “Business Analytics” roadmap & journey to become a smarter, data-driven Finance Organisation.
Topic 2 : PowerBI, the new Self-Service & Data Discovery BI solution from Microsoft
PowerBI, the new Self-Service & Data Discovery BI solution from Microsoft, is taking the market by storm. Only about 2 years after launch, its is already a leader in the Gartner Magic Quadrant both on vision and execution. Join the session to learn how easy it is to get started with PowerBI for your finance department and where it complements Microsoft Excel.
If you would like to participate, you can subscribe here.
8h30 - 9h00 Reception & Welcome Coffee
9h00 - 9h30 Nicolas Van Zeebroeck is Professor of Innovation & Digital Business at Solvay Business School. His academic research focuses on the economy and strategy of innovation and digitization, more specifically on how digital technology impacts the performance and organization of companies.
9h30 - 12h00 Parallel sessions by digital partners
12h00 - 13h00 Lunch
13h00 - 13h30 Michel Akkermans is a series entrepreneur, investor and is a member of the Board of Directors of several companies and private equity funds. He enthusiastically invests in fintechnology, artificial intelligence and deep learning.
13h30 - 17h30 Parallel sessions by digital partners
17h30 - 18h00 As co-author of 'Management in Singularity: from linear to exponential management', Stephan van den Broek has a clear view of the changes we can expect in the near future. Thanks to his years of experience in finance, including as an accountant at Deloitte and VP Finance & Control Europe for Teleplan, he is able to give an impression of the impact of rapid technological developments on organisations and finance.
18h00 - 19h00 Network reception
Date & Location
Tuesday 15th of May 2018