Corporate Financial Planning, Budgeting & Control Webinar

Overview: 

To survive and thrive in the current ever-changing, hyper-competitive global marketplace, financial managers must go far beyond traditional business concepts. Today they must understand the new dynamics and inter-relationship of forecasting, budgeting, and business performance that will determine their organization’s future success or failure. In this leading edge webinar, you will learn how to:

  • Develop effective goals, strategies and plans that lead to successful business objectives
  • Leverage the latest technologies and business practices such as data analytics, artificial intelligence, robotics, etc. to support critical business decisions
  • Use intelligent forecasting techniques and generative AI to greatly improve the financial planning and budgeting process
Objective: 

To show financial managers how to develop meaningful goals, create strategic plans and set business objectives that lead to a dynamic new budgeting process that generates outstanding results.

SPEAKERS:

David Levi, Senior Vice President, Controller & Principal Accounting Officer, Vonage

Andrés Jalfen, Vice President of Finance, Assistant Controller—Strategy & Budgets, IBM

Brian Mace, Managing Director, Finance Transformation, KPMG

Emphasis: 
  • Corporate Planning & Budgeting
    – Financial Planning and Analysis (FP&A) overview
       – Reporting
       – Planning
       – Analytics
       – Business partnerships
    – Financial planning process walkthrough
    – Techniques to drive agility in the planning process
       – Rolling forecasts vs. annual budgets
       – Scenario planning
    – Embracing analytics in the planning process
       – Data analytics
       – Business analytics
       – Applying analytics
       – Budgeting
  • IBM's Best Practices for Corporate Financial Planning & Budgeting
    – Finance organization
    – Business model
       – Shareholder expectations
       – External value
       – Internal value
       – Mid-term model and revenue growth
       – Portfolio mix driving margin expansion and cash flow growth
    – Planning cycles: budget and forecast
       – Strategy cycle
       – Execution cycle
       – Budget
       – Forecasting process overview
    – Adoption of AI
       – Continuing finance transformation journey
       – Optimizing workflow
       – Applying analytics and leveraging new technologies across finance and operations
       – Enterprise performance management
       – Utilizing GenAI support
  • Intelligent Forecasting Methods & Uses of Generative AI in Corporate Planning
    – Market trends for FP&A
       – Enterprise data ecosystem
       – Automation and adoption
       – Concerns regarding AI adoption
       – Machine Learning (ML)
       – Deep Learning (DL)
       – Opportunities for AI and ML in finance
    – Intelligent forecasting
       – Applying predictive modeling
       – Financial planning vs. operational planning
       – Industry applications
       – Intelligent forecasting case study
       – Getting started
    – Generative AI for Finance
       – Accessibility
       – Key concepts
       – Finance use cases
       – Example for creating summaries and insights of financial forecasts
       – Use cases for IR and market intelligence teams
       – Analyze investor communications
       – Key capabilities and benefits
       – Dashboard use
Bottom
Prerequisite: 

None.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Overview.

CPE Credit: 
6.00
NASBA Field of Study: 
Finance