2020 has presented new challenges and hardships on businesses and organizations nationwide and organizations are looking for ways to leverage technology wherever possible. Accounting and finance professionals have found that Robotic Process Automation (RPA) allows finance professionals to put their skills to a higher use and focus on higher value-added activities by automating many repetitive, routine tasks that are dreary and uninteresting, yet vital to the financial well-being of the organization. RPA mimics those routine activities by carrying them out quickly, accurately, and tirelessly, freeing up people to better manage their existing workload.
Manufacturing is an industry with many moving parts: human resources, raw materials, capital investments, and logistics, not to mention ever-changing customer demands. In this time of historic change and volatility, there has never been a greater premium placed on Finance and FP&A teams to quickly provide insights to their organization and business partners. With a need to blend and link similar data to gain decisive results in seconds, using what you learn to improve process efficiency, centralize production monitoring, better serve your customers, and turn real-time data into just-in-time insights.
The IBM Planning Analytics (powered by TM1) tool is commonly used for planning, forecasting and financial reporting. Wouldn’t you like to know how to leverage your IBM Planning Analytics data to get even more insights into your business? Join our eCapital team for session 3 of our Lunch and Learn series as they show use cases and lessons learned with IBM Planning Analytics.
Over the years, we have visited many cities in the Midwest U.S., spent time connecting over a meal and learning from each other. While we can’t be physically together in the current environment, we want to come back collectively as a region and continue the discussions related to: budget and planning efficiency, influence of technology on process improvement, increased analytics needs across the business, and the ever changing role of FP&A.