Digital Transformation Journey in Finance

Epicflow Blog

Why Is Digital Transformation a Must for Finance Field? Artificial intelligence is becoming a trend in Finance’s digital transformation journey. AI has especially great potential in the following finance fields: anti-money laundering, fraud detection, personalised financial planning, and process automation [2]. And these figures are growing day by day, making Blockchain a perspective area of Finance. . Artificial Intelligence in Finance.

Digital Transformation Journey in Finance

Epicflow Blog

Why Is Digital Transformation a Must for Finance Field? Artificial intelligence is becoming a trend in Finance’s digital transformation journey. AI has especially great potential in the following finance fields: anti-money laundering, fraud detection, personalised financial planning, and process automation [2]. And these figures are growing day by day, making Blockchain a perspective area of Finance. . Artificial Intelligence in Finance.

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Financing Agile Delivery with Forecasts

Scrum.org

Watch Robb Pieper, CEO of Responsive Advisors popular talk on on agile financing recorded live at the 2019 PMI Global Conference in Philadelphia, PA. Have you ever wondered if there is a better way to fund and monitor agile delivery?

Agile Finance: How Do You Make a Business Case for Transformation?

Leading Agile

Your Finance Team should know what your WACC is and should be able to provide that to you. By testing this first through a pilot will put less of the company’s money at risk which may be easier for your company’s Finance Team and CFO to sign-off and approve.

Estimating Business Finances With A Budget Proposal Template

Techno-PM

Budget Proposal Template The most effective way for you to estimate your business finances is to create a successful budget proposal template. It helps ease manage finances and helps keep a track of expenses.

Sitetracker raises $42M in Series C Financing

Sitetracker

The post Sitetracker raises $42M in Series C Financing appeared first on Sitetracker. Sitetracker is the global leader in deployment, operations, maintenance, and asset management software for critical infrastructure and technology providers Led by H.I.G.

Thoughts on Suggestions That Violate Principles of Finance, Probability, and Statistics

Herding Cats

The conjecture that we can manage in the presence of uncertanty without estimating the impacts of our decisions, willfully ignores uncertainties in the present and future that will impact our outcomes, the external governance frameworks of managerial finance, probability and statistics of the processes under management, and regular governance processes and the decision rights of those governance frameworks.

A Beginner's Guide to Variance Reports

GoSkills

Finance Project ManagementWant to learn the in's and out's of one of the most common accounting reports? Then check out our guide to variance reports.

2020 122

A Beginner's Guide to Variance Reports

GoSkills

Finance Lean Six Sigma Project ManagementWant to learn the in's and out's of one of the most common accounting reports? Then check out our guide to variance reports.

2019 89

Getting Financial and Clinical Professionals Working Together On Healthcare Projects

Celoxis

best practices Blog collaboration Leadership Project Management work culture celoxis clinical professionals collboration finance finance professionals healthcare patient welfare project managementHealthcare continues to evolve worldwide under the pressure of lowering costs while maintaining or, even, increasing quality. The relationship between the two is like a “tug of war” between cost and benefit, which every healthcare establishment must face on a daily basis.

3 Ways to Improve Cost Estimates with Your Teams

Project Risk Coach

The group identified several items that Jane had not thought of including facilities, the cost to interface the policy admin system to a third party, contingency reserves, and financing cost. Do you ever feel like the Lone Ranger when working on cost estimates?

Project Cost Management: What You Need to Know and Do

Online PM Courses

But there's little your sponsor, client, or Finance Director care about more than your budget and how you control it. Project Cost Management is hard. The post Project Cost Management: What You Need to Know and Do appeared first on OnlinePMCourses.

Feeling the pressure

Musings on Project Management

There are deadlines, penalties, [finances], and [executive changes]. " [The concern my some is] that with all good intentions, some project managers might start cutting corners. It's easily done. Don't be fooled by the trappings. This sort of success comes with a lot of pressure. PMs] are stuck in the middle. Priorities can become murky. It would be natural for some to feel the pressure and Quality risk decision Risk Management

2020 163

IR35 in the private sector – Update

Arras People

Whilst many contractors celebrated the decision postpone the implementation of IR35 Off-Payroll Working changes earlier in the year; the legislation is slowly creeping through the Houses of Parliament as part of the Finance Bill, ready for implementation in April 2021.

2020 339

Project Insight is Your Best Option for Managing Project Work

Brad Egeland

Project Insight aggregates work from your CRM, Finance, Development, Support, Warehouse, and HR software. Project Insight is award-winning work & project management software that centralizes all of your work, tasks, and projects into one easy to use online platform. Project Insight's out of the box integrations, REST API, and automation capabilities allow you to manage ALL of your projects, portfolios, and work systems in one place!

2021 117

Expert Advice on How to Start a Successful Business Transformation

Clarizen

Cisco Capital resides within the larger finance function within Cisco, Inc. Their primary function is to provide financing for Cisco customers and partners, and they do that by providing traditional financing solutions and extended payment terms in over 100 countries.

2020 142

Lessons in How to Drive Large Scale Digital Transformations

Clarizen

Cisco Capital resides within the larger finance function within Cisco, Inc. Their primary function is to provide financing for Cisco customers and partners, and they do that by providing traditional financing solutions and extended payment terms in over 100 countries.

2020 109

Most Common Project Management Roadblocks to Avoid for Better Outcomes

Project Bliss

Having this type of data allows managers to visualize key business metrics and make informed decisions while easily getting and keeping resources, projects, and finances on track. Finance and billing teams aren’t able to start the invoicing process until all projects are completed.

2021 229

Think top-down and bottom-up for agile transformations

Kiron Bondale

This is critical with agile transformations for a number of reasons: Delivery teams don’t work in isolation and hence buy-in to change how things are done will be needed from all supporting areas including human resources, finance and procurement.

2020 237

Project Management Q&A: How to Find a Graduate Level Project Role

Arras People

Roles in planning, such as project planners and controllers; roles in analytics and insights such as project and data analysts; finance roles such as project accountants and controllers; governance and oversight roles such as PMO.

2021 222

Budget 2020: What Does it Mean for the PM Domain?

Arras People

Their statement read: “The Government believes it is right to address the fundamental unfairness of the non-compliance with the existing rules, and the reform will therefore be legislated in Finance Bill 2020 and implemented on April 6, 2020, as previously announced.”.

2020 229

Construction Budget: A Quick Guide (with Examples)

ProjectManager.com

Construction projects will never get off the ground without financing. This includes the lot price, real estate fees, financing and taxes. Money sets the gears of construction management in motion.

Do your compensation systems discourage team work?

Kiron Bondale

Whether it is procurement, finance or human resources, all supporting areas will need to align with delivery teams’ new ways of working.

2021 222

Two Real-World Stories: Cultivating a Single Source of Truth

Planview Blog

Planview’s Chief Product Officer, Louise Allen, moderated an engaging, in-depth conversation with these customers: Hiren Shah – Johnson & Johnson – Global Finance Transformation, Sr. J&J’s Global Finance Transformation.

2021 75

From Laying the Foundation to Completion: The Basics and Challenges of Project Management in Construction

Inloox

As a result, a large proportion of privately financed projects went bankrupt after the study. Especially in the case of government-financed large-scale projects, the pressure from outside is enormous.

Why Identifying as a Project Business is Critical For Success

The Lazy Project Manager

and became Microsoft’s ERP offering, now called Dynamics 365 Finance & Operations. The following article is the first of four in a series on ‘Project Business’ and is authored by Daniel Bévort.

2020 293

How to Include Projects on Your Resume/CV

Girl's Guide to PM

I clearly remember being asked who was the Governor of the Bank of England during an interview with a bank – obviously I was faking being interested in the finance sector as I had no clue. My first job applications were a mess.

2021 293

Logic Software Inc. Announces the Launch of Birdview PSA

EasyProjects

Birdview PSA enables increased productivity and profitability by providing organizations with visibility and a single source of truth for projects, finances and resources across the entire service delivery lifecycle. Logic Software Inc.

2021 83

Rough Order of Magnitude (ROM) Estimate and How to Calculate It (with example)

Girl's Guide to PM

Talk to your Finance department to see if there are internal cost management and forecasting standards to apply to, or just get the range as accurate as you can based on your professional judgement. What is a ROM estimate used for?

2021 401

What Is Organizational Planning in Project Management?

ProjectManager.com

Organizational planning is often used to improve a company’s overall business, but a company can direct it towards its workforce, finances or products. If you’re looking to start or grow a business (or just keep a business profitable), you need a business plan. But not all plans are the same.

2021 294

How to Manage Project Environment from Initiation to Close

ProjectManager.com

Depending on the economic environment, you might not have the ability to finance the project. Managing a project is difficult. You have a deadlines to meet and budgets to keep. And within that narrow lane, you have to deliver a quality product or service. And that’s just the project!

Project Management in Healthcare

Girl's Guide to PM

Tracking project budgets is important and finance teams are set up to do that, and project managers can manage their project budgets too. What’s it like being a project manager in healthcare? I worked in the healthcare sector in the UK for 12 years.

Dynamic Planning: Refocus, Reprioritize, and Reallocate Rapidly

Planview

Nearly 70 percent of finance leaders are taking cost containment measures and considering postponing or canceling planned investments, according to PwC’s COVID-19 CFO Pulse Surveys (March 30, 2020 and April 13, 2020). The Power of Collaborating More Closely with Finance is Agility.

2020 98

“Organize Around Products/Services” is a great addition to the Disciplined Agile principles

Kiron Bondale

Such transformations require change to happen in not only the delivery teams within an enterprise, but also supporting functions such as finance, human resources, operations and procurement.

2020 217

12 Ways to Create A Positive Work Culture

Girl's Guide to PM

About the author : Anna Erdmanska, PMP, is a project management enthusiast, leading projects in multinational corporations for the finance industry. Anna is a Professional Scrum Master, PRINCE2 Practitioner and she is currently working on a PhD in Finance Management.

2020 359

Building the Optimal Implementation Team - What You Need to Know

MavenLink

Examples of SMEs areas include finance, resource management, and system owners of other tools that will be integrated with the implemented solution.

2021 124

“Keep in Touch”

Project Management Essentials

He is an inspirational finance executive and counted on me to implement his vision. I called an old colleague just to say “hello” and see how he was doing. We have worked together at different companies over the past dozen years.

Overcoming bias in project management

Girl's Guide to PM

About the author: Roland Hoffmann, who founded Hoffmann Conseho in 2007, has spent 20 years leading projects in technology, construction, marketing, operations and finance. This is a guest post by Roland Hoffmann. Are you biased as a project manager? You might be surprised!

2020 377

What Is Contract Administration? Key Practices and Processes

ProjectManager.com

A contract administrator is typically a third party with extensive knowledge of business finance and contract law. If you’ve ever worked on a large-scale project—especially a construction project—you’re familiar with the concept of contract administration.

2021 387

What you Absolutely Need to Know about Construction Risk Management in 2021

nTask

Finance is a big risk whenever it comes to managing any sort of project, and when there are billions invested in a project, you can’t risk anything. This is why, you as a manager, need to manage your finance accordingly so that you don’t empty out the money train before your project finishes.

2021 78