To succeed in today’s volatile economy, financial leadership has become more significant than ever. Learn how leading CFOs accelerate strategic growth as well as ensure its alignment with the company’s business objectives.

1. The Changing Role of Finance:
Deepening Analytics

2. At a time where managing financial
volatility is the keystone of many
companies' strategies, the CFO's
role is becoming more strategic and
influential. The finance function
needs to provide critical insights to
enable more efficient and effective
business operations.

3. In today’s fast evolving digital era, technologies are transforming
how industries create value
Over $1 trillion in
Mobile
eCommerce
revenue by 2017
Mobile and
Social
$290 billion in
Machine-to-
Machine revenue
by 2017
Internet of
Things
More than $17
billion in
Big Data
revenue by
2015
Big Data
$200 billion in
Cloud Services
revenue by
2015
Cloud
Source: Real-Time Survey Results from 2013 CFO Summit at Oracle OpenWorld

4. As digitization advances, CFOs
need to go beyond numbers to
analyze business transformation.
They need to not only accelerate
strategic growth across the
enterprise, but also ensure its
alignment with the company’s
business objectives.

5. Key business challenges
Lack of single
version of
truth
Gap between
objectives
and outcomes
Prolonged
closure time
Increased need for
global market expertise
as against specific local
market knowledge
Need to invest in digitally-
enabled business models
Limited control
and flexibility
High
investments in
low value areas
High manual
effort

6. Companies are adopting several approaches to sharpen their
analytical capabilities to support business decisions
Transforming
finance
processes to
meet
regulatory or
compliance
requirements
Leveraging
business
driver based
financial
planning and
budgeting
Fast tracking
planning and
budgeting with
cloud
offerings
1 2 3

7. 1. Transforming finance processes to meet the regulatory or
compliance requirements
Factors influencing global trends continue to affect regulatory compliance, and
impose challenges that require increasingly sophisticated leadership to identify and
manage emerging risks
Technology
influencing
strategic
business
decisions
Growing
volatility of
global
economies
Gap between
information
availability
and needs
Rise of
several risks –
need for
effective
controls

8. By transforming finance processes to meet the regulatory or
compliance requirements, companies can -
• Improve the ease of transactions
• Leverage technologies and tools to address business complexities
• Invest to comply with regulatory requirements
• Digitally re-imagine the customer experience
TCS’ Finance Transformation initiatives help CFOs effectively
manage their Total Cost of Operations, and enhance
standardization and transparency

9. Companies need to focus on business plans by accounting for criteria that are
most capable of driving success. To ensure this, they must leverage both financial
and non-financial drivers to overcome challenges -
No formal
planning
processes
Inadequate
planning
tools
Highly
manual
processes
Adhoc
spreadsheets
2. Driver based financial planning and budgeting

10. By leveraging driver based financial planning and budgeting,
companies can:
• Harness a comprehensive automated system for planning, budgeting and
forecasting
• Integrate long-range, annual and quarterly planning, budgeting, forecasting and
management reporting
• Ensure balanced inclusion of both external and internal data points and drivers
• Validate target setting against bottom-up business insight
• Realize industry aligned and shortened planning cycles
• Enable scenario planning and simulations
Built on Hyperion Planning and OBIEE, TCS’ Rapid
Financial Planning for Telecom companies provides
various driver-based models for planning, budgeting and
forecasting

11. The planning and forecasting environment has changed considerably for most
organizations in today’s global economy. To keep pace with changing business
conditions, companies recognize the need to-
Reduce usage
of
spreadsheets
Shift towards
Cloud
3. Fast track planning and budgeting with Cloud

12. Integrating fast-track planning and budgeting with Cloud can enable
companies to:
• Rapidly deploy planning and budgeting solutions
• Eliminate infrastructure CAPEX
• Minimize the IT resources required to support business
• Simplify technology choices with flexible deployment options
• Mix and move between deployment models as business needs change
Built on Oracle Cloud, TCS’ JumpStart offering
accelerates the move from spreadsheets to an
enterprise wide planning system
TCS JumpStart

13. Plan at the
speed of
business
Embrace
moving to the
Cloud
Focus on
targets and
gaps with
confidence in
projections
Integrate
predictive
analytics
into
forecasting
Recommendations

14. IT Services
Business Solutions
Consulting
Contact a Consultant
Write to us: Oracle.practice@tcs.com
The Changing Role of Finance:
Deepening Analytics