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Leveraging automation to enhance the efficiency and effectiveness of financial operations

The global pandemic has meant that automating financial processes has now become a necessity. Remote work, the need to reduce costs and respond quickly to market shifts have all heightened the importance of automated processes to enhance the agility and efficiency of finance operations.

With that in mind, Finance Process Automation 2020 will be focused on:

- Identifying which processes to automate if you are at the beginning of your automation journey
- Assessing the relative merits of an end to end vs. point solutions for automating your finance function
- Leveraging tools such as RPA and Workflow Automation to enhance the integration of your finance processes, and reduce the burden of high volume, low value transactions
- Understanding how to utilize Process Mining to identify inefficient processes within your finance department

5 Reasons to Attend

Hear the best case studies from across the globe

Watch the event to fit your schedule

Access the content on demand and watch in your own time

Assess the latest technological innovations 

It is 100% free to attend

Day One: Tuesday 8th December 2020


9:00 EST   Optimising Financial Operational Efficiency Through Intelligent Automation

  • Exploring the benefits of intelligent automation and how, by correct application, it can revolutionise internal operations
  • Why RPA, Artificial intelligence (AI) and Machine Learning is a strategic capability that organizations can develop and mature to benefit their business long term
  • RPA has been around for the past decade, but it’s now cheaper, smarter and more reliable
  • How you can achieve successful integration of new workflow processes
10:00 EST  Potential Cost Savings From Moving Financial Processes from Outsourcing to Automation
  • Why offshoring, outsourcing, and centralization have been the bread and butter of improving the finance function’s productivity for decades
  • How cheaper, better, and faster technology can reshape the finance function
  • Advocating a bold approach to migration to avoid the headaches that many CFOs associate with early enterprise-resource-planning installations
  • If done well, it is possible to unlock around 35% savings from automation – possibly even more
11:00 EST  Managing Change: Establishing What to Automate When
  • Studies show that it seems to make sense from a cost/benefit perspective to automate about half of the work that can be technically automated using RPA and related task-automation technologies
  • Determining which finance process functions to automate first
  • Developing a suitable migration plan for a smoother transition
  • How to establish the biggest priorities for change in the short and medium term
12:00 EST  Case Study: Implementing Automation Effectively in a Time of Covid
Ascentria Care Alliance empowers people of all backgrounds to rise together and reach beyond life's challenges, using an innovative client-centered care model to help vulnerable individuals and families in transition to move forward and thrive, physically, intellectually, socially, spiritually, and economically. Keeping a cost-efficient inner core is essential to enable Ascentria to be as effective as possible for their clients. Learn how finance process automation has proved a huge benefit in reducing internal costs.
  • How Covid has provided the breathing space to rethink automation and generate significant cost savings across all finance functions
  • Why we are committed to communicating change effectively to staff to bring people with us on the transformation journey
  • Adopting a can-do mindset across our organisation to implement change
  • How we decided what to automate first, and where the greatest cost savings have been made so far
  • Why we see this as a journey, not a destination – technology is continually evolving and so are we!
  • Highlighting our ongoing quest to move to work with fewer vendors for overall simplicity
Jeanette Wade, CFO, Ascentria Care Alliance

Day Two: Wednesday 9th December 2020

09:00 EST  Strategies to Achieve Better Financial Productivity and Performance Across Your Organization
  • Establishing the benefits of adopting a more automated finance operating model, whether internally or through outsourcing
  • Considering how RPA and complementary technologies, such as business-process management and optical character-recognition tools, can be successfully applied across financial processes
  • Understanding what kinds of activities can best be automated and assessing opportunities in various sub-functions of finance:
    • General accounting operations
    • Cash disbursement
    • Revenue management
    • Finance controlling and external reporting
    • Tax
    • Financial planning and analysis
    • Treasury
    • Risk management
    • Audit
    • External relations
    • Business development

10:00 EST  Thoughtful Workforce Planning and Effective Communication is the Key
  • Highlighting the importance of creating a human-resources and placement capability that works in lockstep with the CFO and the finance function
  • How job roles will necessarily change over time as more automation comes in
  • Managing the transition effectively and getting the staff balance right
  • Deciding how to move some staff internally to avoid unnecessary disruption caused by layoffs
11:00 EST  Adopting Different Automation Approaches for Different Finance Functions
  • How the growth in structured data fueled by ERP systems, combined with the declining cost of computing power, is unlocking new opportunities every day
  • Using task-automation technologies like RPA for purposes such as preparing journal entries, and cognitive-automation technologies such as Machine Learning to reconcile differences between disparate accounting records
  • Advantages of utilising basic task-automation technologies such as RPA to automate simple tasks, right across the finance division
  • Examining how RPA can be adequately applied across procure-to-pay finance activities, such as processing invoices and paying suppliers
12:00 EST  Using Automation to Position Your Company to Thrive
  • Calculating the investment required for optimal automation
  • Assessing deployment timescales – how long does it take to implement a new solution?
  • Exploring the financial and practical benefits of new technologies to help facilitate change
  • Defining an effective roadmap for success

PEX Network Online Events | Who attends

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Who should attend? 

The event has been designed for those who are responsible with enhancing the efficiency of their finance department,
and will therefore attract the following job titles:

- Chief Financial Officer
- Financial Controller
- Finance Director
- Finance Operations
- Shared Services
- Automation
- Reporting

- Process Owner
- Finance Transformation
- Accounts Payable
- Accounts Receivable
- Procure to Pay
- Record to Report
- Treasury & Tax

PEX Network Online Events | By the numbers

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3,200+ 

RPA LIVE 2020
REGISTRANTS

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2,100+ 

BPM LIVE 2020
REGISTRANTS

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2,200+ 

PROCESS MINING 2020
REGISTRANTS

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1,400+ 

OPEX LIVE 2019
REGISTRANTS

PEX Network Online Events | How it works 

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Step 1: Register
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Step 2: Confirmation email
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Step 3: Schedule time
Mark some time in your calendar when you can be free of distractions or watch with colleagues

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Step 4: Watch the event
Click the link in the confirmation email and prepare questions for our industry-leading speakers

Get involved with PEX Network 

For more information on how PEX Network is uniquely placed to help you shape and deliver your message to a targeted audience contact us now!

Francesca ThirleyOnline Sales, PEX Network

fran.thirley@iqpc.co.uk