T108: Data-driven Decision-making is the Future of FM
- Room: Grand F
- Session Number:T108
Tuesday, July 19, 2022: 9:30 AM - 10:20 AM
Description
Government and industry leaders discuss successful paths to financial transformation and system modernization in the office of the CFO of various organizations. Find out what enables them to make real-time, data-driven decisions that yield more efficiencies, more confidence, and more cost savings and how it could apply to your work.
Key Take-aways
Key Takeaways:
• Successful financial transformation is a proven reality in government financial management, thanks to the enrichment of data for better decision-making.
• Financial programming & planning, budget execution, personnel & position planning, project planning, and reporting benfit from modernization, but it’s important to avoid certain technical pitfalls.
• Evaluation processes, project management and user adoption are necessary components of transformation.
Learning Objectives
Gain insights into the possibilities in the enrichment of data, data visualization, automated reporting, and drill-back to transactional sources. Understand how centralizing data leads to improved productivity and greater confidence in decision-making. Explore the benefits of aligning financial goals and outcomes with performance goals.