WEBINAR RECAP:

F&A Benchmarks: Prophecy or Pretense?

Leveraging Industry Data to Drive Shared Services Optimization

October 21st, 2020

F&A Benchmarks: Prophecy or Pretense? Leveraging Industry Data to Drive Shared Services Optimization

Cost containment remains the top financial action CFOs are considering in response to COVID (81%), with finance leaders expecting a 10% average reduction of their finance budgets in 2020. As a result, more and more finance executives are being questioned about their current shared services and finance staffing levels, and asked to do “more with less”.

Benchmarks can help you identify areas of opportunity to restructure your F&A organization, reduce staff, automate, and revise focus, all part of the post-pandemic “marching orders” for Finance executives. But are all benchmarks created equal? Do general industry benchmarks reflect the specific characteristics and dynamics of your business?

Watch our recap and learn how to effectively leverage benchmarks to build a roadmap of efficiency opportunities in your organization.

 

Key Topics for Discussion

  • What are the key benchmarks to help you measure your current finance operational performance?
  • What resources are available for benchmark data?
  • How should you map your business to the available benchmark data?
  • Real-World examples of how benchmarking can be leverage to identify opportunities for standardization, automation and restructuring
  • Proven strategies to achieve your expected efficiencies including specific finance automation tools (e.g. RPA) and outsourcing
  • Tips to calculate the benefits and business case of your optimization program
  • Most common implementation pitfalls and lessons learned
speakers ADRA-03-1

About the Speaker:

Eric Liebross
 Senior Managing Director of Business Transformation
Auxis

Eric Liebross leads the Business Transformation practice at Auxis. He brings more than 30 years’ experience and a proven track record of success in the Shared Services Strategy, Organizational and Operating Model Design and Implementation, Back Office Optimization, Digital Transformation and Business Process Outsourcing areas. Eric joined Auxis in 2002, and led the establishment of the company’s nearshore shared services center in Costa Rica in 2010, and launched Auxis’ Intelligent Automation practice in 2016. His unique perspective as both long-time business advisor and operator provides a unique, real-world perspective to his clients.

rachel

About the Speaker:

Rachele Collins
 Principal Research Lead, Financial Management
APQC

Rachele has been working with clients since 1998, helping them improve their performance through assessments, benchmarking, strategy development, knowledge management, measurement, and process improvement. As part of this work, she has visited on-site with executives at dozens of client organizations around the nation and around the world to help them learn from best practices and improve their performance. She has authored dozens of best practice articles and research reports, presented at conferences to share best practices and lessons learned, and trained numerous executives over the years on the topics of benchmarking, process management, and knowledge management.

Enrique Martinez-1

About the Speaker:

Enrique Martinez
 Finance Transformation Managing Director
Auxis

Enrique is a seasoned finance executive with over 15 years of combined experience in both consulting and industry. He most recently served as Director of CFO Advisory Services with Genpact, and prior to that was with Credit Suisse as VP of Investment Bank and Asset Management. His holistic expertise includes Design and Implementation of Finance & Accounting and Shared Services Operating Models, Performance Improvement, Digital Technologies, Analytics and Strategic Advisory Services to C-level executives.

cortney-2

About the Speaker:

Cortney Dominguez
 RPA Strategic Consultant
Independent

Cortney Dominguez is a transformative business strategist with a proven history of delivering lasting shareholder value by strengthening corporate financial operations, innovating enterprise solutions, and creating platforms for growth. She is a champion for the creation and delivery of robotic process automation, streamlining and generating high-value efficiencies across Fortune 500 organizations.

She is passionate about smart automation technology and enjoys discussing this with guests as a host on the Ivy Podcast.

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