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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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.

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?

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 109

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?

2021 238

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 275

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

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 253

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 117

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 206

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 156

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 206

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.

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 288

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 334

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 95

“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

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.

2021 148

“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.

2021 52

Holiday PPM Checklist

Keyedin

Finance: While finance might only be concerned with minimal areas of your projects, it is important to include them in an evaluation to ensure you are able to capture and deliver information finance might need. Ensure your finance team gets the data they need for project details.

2020 78

Economic viability

Musings on Project Management

You just got that dreaded call: your finance officer wants to talk to you about your projectUgh!The The subject is "economic value add" aka EVA. You're thinking: Didn't that come and go as the flavor of the month a decade ago?Perhaps, Perhaps, but it's still relevant for for-profit projectsSo, here's what you need to know:It costs money to raise the capital funds to pay for your project.If not for your. Project Management Project Value

2021 163

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 308

How to Monitor Daily Progress as a Project Manager

ProjectManager.com

People love to monitor everything, from their weight to their finances, so it’s only natural that managers want to monitor daily progress on their projects. Everyone is always monitoring everything, from their weight to their finances. We monitor our finances. Jennifer Bridges, PMP, shows you how. Here’s a screenshot of the whiteboard for your reference. In Review – How to Monitor Daily Progress as a Project Manager.

Simple Yet Effective Strategies For Measuring Productivity And Making Progress

nTask

Employers can gather the productivity data from online metrics such as the numbers of tasks completed, the time to complete each task, probable issues and risks involved in the process, the finances involved, etc. Automated budget reminders that remind you of the depletion of finances.

2021 150

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 335

IR35: The biggest shakeup in project management careers for a decade

Girl's Guide to PM

What is IR35? The IR35 we’re all talking about at the moment is off-payroll legislation. It’s all about whether or not someone is considered an employee of the company, taking into account certain factors around employment status. Why is IR35 happening?

2021 253

Why Productivity in Project Businesses is Flatlining?

The Lazy Project Manager

and became Microsoft’s ERP offering, now called Dynamics 365 Finance & Operations.

2020 240

How to Deliver Effective Project Cost Management | Video

Online PM Courses

But whatever your attitude to it, there's nothing your finance director will care about more. Project Cost Management can seem both dull and difficult. The post How to Deliver Effective Project Cost Management | Video appeared first on OnlinePMCourses.

Five Professions That Make Great Project Co-ordinators

Arras People

Finance. With a good foundation in finance – the other aspects of project co-ordination – like planning, documentation management, reporting and so on will come with basic training and on-the-job experience. I recently held a project management careers clinic with someone who was wanting to get into a project management role.

2017 191

Alternative Project Management Job Titles

Project Bliss

This could include technology, events, branding, engineering, marketing, or even finance. . Photo by Nick Morrison on Unsplash. This list of project management job titles can help if you need to find other names for the role.

2020 156

10 Tips for Project Budgeting

Appfluence

And much less if they decided to access a small business financing. Seek the support of small business financing. In case you feel limited in economic matters, access to small business financing to hire specialized personnel.

Three C's of PM

Musings on Project Management

Usually, I say the 'three C's' of PM are: Communicate Communicate Communicate Which, in actionable terms are: Tell them what you're going to tell them Tell them Tell them what you told them But, as I view the PMO through the lens of a small business, I'm wondering if the daily thought of a PM doesn't go to: Capital (meaning project financing) Community (largely virtual these days) Project Management

2020 174