Sessions For November 20

20

Wednesday
7:00AM-7:50AM

CMF19204. Our Nation's Financial Crisis

Instructor: Jack Alexander
Track: Controller Conference, FPA Conference
Knowledge Level: Intermediate
Field of Study: Economics
CPE Credits: 1.0
Prerequisite: Basic Understanding of General Economic Principles

Alarmed by reports that the US Deficit is approaching $1.0 trillion and the debt has exceeded $22.0 trillion? How significant is this and what are the future implications on taxes, interest rates and the economy? This analysis is approached from the perspective of a CFO/FP&A professional, identifying root causes, understanding the dynamics and future-outlook, and framing the magnitude of potential impact and required solutions.
Learning Objectives:

  • Gain an understanding of the current debt and deficit
  • Understand the root causes of the current situation
  • Understand the significance and potential impact of this crisis
  • Understand the range of potential solutions and outcomes

20

Wednesday
7:00AM-7:50AM

CMF19205. Best Practices for the Modern, Strategic Controller

Instructor: Sid Sitaram
Track: Controller Conference, FPA Conference, Manufacturing Conference
Knowledge Level: Overview
Field of Study: Specialized Knowledge
CPE Credits: 1.0

Today’s controllers do more than compile packages of reports—they interpret the data and contribute to decision-making. Learn best practices that top controllers have employed to cut out spreadsheets, streamline the close, automate reporting and become a strategic partner to the business.
Learning Objectives:

  • Best practices to accelerate the close and provide better insights to stakeholders for decision making
  • Automation use cases (accelerating close and reporting)

20

Wednesday
7:00AM-7:50AM

CMF19206. The Evolution of Accounting and Finance to Add Value, TODAY

Instructor: Nigel Franklyn
Track: Controller Conference, FPA Conference
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.0
Prerequisite: Basic understanding of SOX control framework

Globally, technology is disrupting the way business is done. As business models and strategies evolve how the accounting and finance function adds value will be redefined. The speed of change, the complexity and volatility of businesses stretch the current competencies of our profession. Where we not focus primarily on the compliance aspects of our reporting, the need to provide insightful information to assist in management’s “agile” decision making. This session is designed to engage the speaker and participants in a dialog about the changing mandate of the accounting and finance in this “digital age” and leverages the presenter’s global experience to improve organization effectiveness through the key lenses of people processes and systems, TODAY.
Learning Objectives:

  • Highlight how technology is changing business landscape
  • Explore the evolving accounting and finance mandate
  • Discuss practical examples of the discussion themes into action

20

Wednesday
7:00AM-7:50AM

CMF19207. Lease Accounting 2020

Instructor: Len Neuhaus
Track: FPA Conference, Controller Conference, Manufacturing Conference
Knowledge Level: Overview
Field of Study: Accounting
CPE Credits: 1.0

Lease Accounting will be the biggest project of the year in 2020 for the finance organizations at many private companies as they race to comply with the upcoming deadlines for ASC 842. Fortunately, there are many lessons that can be learned from the real-world experiences of public companies who adopted in 2019. In this session, the lease accounting project lead from a Fortune 500 company will share the top challenges, best practices, and key success factors with adoption. Topics will include:

  • Defining a project strategy
  • Abstracting lease data
  • Selecting new systems
  • Updating processes, policies, and controls
  • Creating a center of excellence

Learning Objectives:

  • Lessons learned from the public company implementations of ASC842
  • Learn about lease lifecycle management and planning

7:50AM-7:55AM

20

Wednesday
8:00AM-9:15AM

CMF1922. Selecting and Implementing the Right Technologies

Instructor: Glen Parrillo
Track: Controller Conference
Knowledge Level: Overview
Field of Study: Information Technology
CPE Credits: 1.5

This session will describe the process flow and issues around selecting the right technologies for your business, with specific focus on the finance and accounting functions.
Learning Objectives:

  • Will provide an understanding of how the selection process will affect your decision.
  • A description of how to incorporate a needs analysis with appropriate stakeholders
  • A discussion of how those stakeholder decisions will affect your business
  • What is needed to conduct a true cost-benefit analysis

20

Wednesday
8:00AM-9:15AM

CMF1923. Defining and Developing Best in Class Logistics Metrics

Instructor: Steve Gadaleta
Track: Manufacturing Conference
Knowledge Level: Intermediate
Field of Study: Business Management & Organization
CPE Credits: 1.5
Prerequisite: Basic knowledge of logistic

This session will focus on key metrics that will provide visibility into logistics and provide management with information needed to optimize logistics.
Learning Objectives:

  • Provide metrics and KPIs that can be used to track logistics and
  • How to develop benchmarks and improve your logistics metrics.

20

Wednesday
8:00AM-9:15AM

CMF1924. Accelerating the Close

Instructor: Jason Young
Track: Controller Conference, FPA Conference, Manufacturing Conference
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5
Prerequisite: Basic understanding of financial close process

Do you barely close one month before the next month end close is upon you? Does your close take 5, 10 or even more days? Learn how to change your company's month end cycle so that you can close in three, two or even one day!
Learning Objectives:

  • Gain an understanding of how Lean Principals and Lean Accounting can drastically improve your month end close.
  • Revisit the accounting cycle to understand how to do more sooner and gain more control, accuracy and completeness in your period end processes.

20

Wednesday
8:00AM-9:15AM

CMF1925. Managing Health Care Plans - Innovations and Impact of ProActive Plan Management on Financials

Instructor: Eric Bassett
Track: Controller Conference, FPA Conference, Manufacturing Conference
Knowledge Level: Intermediate
Field of Study: Personnel/Human Resources
CPE Credits: 1.5
Prerequisite: Basic Understanding of Topic

Health plan cost increases continue to outpace other economic indicators. For most manufacturers health plan cost is the third largest cost item after raw materials and payroll. Health plans contribute to productivity of your workforce as well as supporting attraction and retention of key talent. This session will provide a view of what large and small manufacturers are doing in the US to manage health care plan cost and maintain a competitive employee benefit. The discussion will be supported by detailed manufacturing survey data outlining health plan cost, plan features, strategic initiatives, and management techniques including case studies.
Learning Objectives:

  • Understand key cost drivers of employer sponsored health plans
  • Learn the strategies and tactics consistently used by employers to manage plan cost
  • What innovations are coming in plan management and how might they impact cost, plan participants and productivity

9:15AM-9:25AM

20

Wednesday
9:25AM-10:40AM

CMF1926. Scenario Analysis in Forecasts, Plans and Capital Investment Decisions

Instructor: Jack Alexander
Track: Controller Conference, FPA Conference
Knowledge Level: Intermediate
Field of Study: Finance
CPE Credits: 1.5
Prerequisite: Basic Understanding of Budgeting and Planning Concepts

Scenario Planning and Analysis is a vital tool in the Corporate Finance toolkit. The pace of change and the level of uncertainty have obsoleted single-point projections. Beyond framing potential outcomes, scenario analysis enables the organization to be prepared for potential events or outcomes that require a course correction. This session presents the basics and best practices in applying scenario analysis, including the objectives of scenario analysis, identifying alternative scenarios, evaluating and presenting scenarios, monitoring critical assumptions and identifying triggers requiring action.
Learning Objectives:

  • Understand the need for scenario analysis in todays' environment
  • Understand how scenario analysis should be a critical element of all plans, projections and investments
  • Learn how to create and evaluate scenarios.
  • Learn how to monitor critical assumptions and drivers

20

Wednesday
9:25AM-10:40AM

CMF1927. ERP: How to Succeed and Create Lasting Value

Instructor: Bob Green
Track: Controller Conference, Manufacturing Conference
Knowledge Level: Intermediate
Field of Study: Finance
CPE Credits: 1.5
Prerequisite: Basic understanding of ERP system requirements

Face it. Digital Transformation is not easy. With proper strategy and leadership, ERP projects can, and do, succeed. ERP is just one of many Digital Transformation initiatives that businesses undertake. Unfortunately, these 3 letters bring concern and risk due to the frequent failures in these projects – as well as the trail of dysfunction left behind from poorly executed projects. Our session leader, Bob Green, leads a team of objective, product-agnostic Digital Transformation professionals at SingerLewak’s Business Informatics practice. They work in this space to help ensure proper project strategy and execution from all players involved – as well as to remediate implementations that have gone awry. In this session, Bob will share interactively actual recommendations and practices that you, as the financial leader, can deploy and govern in your organization to make Digital Transformation (ERP, and otherwise) a successful experience.
Learning Objectives:

  • Define what Digital Transformation is, and where ERP (and FPA, CRM, and others) fit in this paradigm
  • Explore scenarios that give rise to require businesses to upgrade their ERP and other software
  • Learn the key success factors to ERP and other Digital Transformation projects – and how you can tackle them. Time permitting, we’ll investigate several of these in “how to” discussions.Take away: a self-assessment to determine your business’ readiness for tackling an ERP or other Digital Transformation project.

20

Wednesday
9:25AM-10:40AM

CMF1928. M&A Integration

Instructor: Mike Leclerc, Nicole Markowski
Track: Controller Conference, Manufacturing Conference
Knowledge Level: Intermediate
Field of Study: Business Management & Organization
CPE Credits: 1.5
Prerequisite: Basic knowledge of M&A transactions

M&A Integration- "Day one...now what?" A session on M&A integration from one company to another.
Learning Objectives:

  • Remove mystery of M&A integration process and deep dive into the due diligence process and the execution of the integration as a whole.

20

Wednesday
9:25AM-10:40AM

CMF1929. How Power BI Made Disparate Systems “Play Nice” with Each Other

Instructor: Rob Collie
Track: FPA Conference
Knowledge Level: Basic
Field of Study: Computer Software & Applications
CPE Credits: 1.5

Running an internet startup and pioneering new methodologies for an entrenched industry is hard work. PowerPivotPro’s operational complexities mirror those of much-larger firms: a historical hodge-podge of on-premises, cloud, and home-grown systems, each managing a crucial component of the overall business.
In such a siloed environment, even fundamental questions like “what will cash flow look like in three months,” “when should we hire more staff,” and “are we on pace to hit the budget” can be a nightmare. Sound familiar?
But now imagine having crystal-clear vision across ALL of that, from the “10,000 foot view” all the way down to individual transactions (when needed). Furthermore, imagine a laser-precise forecast which automatically refines itself every single day. And last but not least, imagine having all of this without a seven-figure spend, and without waiting a year or more?
In this session, see how our leadership team “practiced what we preach” on our own business to make this a reality – as a side project. We’ll even demonstrate our fully-functional suite of dashboards (with obfuscated financials), so bring your cell phone cameras! Along the way we hope to inspire you to mirror our results for your own business.
Learning Objectives:

  • Overview of the Microsoft Power BI suite
  • New tools and skills that can dramatically improve Excel based forecasting and budgeting
  • Clear and tangible ROI you can take back to your business immediately
  • Knowledge and assistance from a thought leader in the Power BI world

20

Wednesday
11:10AM-12:00PM

CMF1930. Transformational Leadership

Instructor: Paul Leroue
Track: Controller Conference, FPA Conference, Manufacturing Conference
Knowledge Level: Intermediate
Field of Study: Specialized Knowledge
CPE Credits: 1.0
Prerequisite: Basic knowledge of organizational change management

Today leading has become increasingly difficult with a multi generational workforce and pressures on the profession. In this session we will explore how to transform your leadership style ensuring greater alignment with those you lead either directly or indirectly. You will leave this session with several personal leadership strategies you can employ immediately.
Learning Objectives:

  • Understand new strategies on leadership and how to be successful moving forward.
  • Employ a new leadership philosophy to your everyday leadership style