Financial Transformation
Today’s office of CFO is a constantly evolving to support business strategy and to become a catalyst in instilling financial mindset throughout the organization. It is expected from Finance department to be more vigilant and repurpose its time on strategic activities rather than focusing on day to transactions. To achieve every CFO’s objectives, organization needs plethora of digital technologies that are scalable and secure enough for your current and future needs
Kenovation offers a span of digital transformation and consulting services to CFO’s office:
Finance powered by intelligent automation
Kenovation’s Automation service offering helps Finance leaders to benefit from intelligent automation by reimagining business processes in record to report, procure to pay and order to cash. CFO’s office powered by intelligent automation can automate journal entries, tax reconciliations and invoice and customer order processing etc. effectively automating mundane operations and freeing up human capital for strategic activities.
Finance Analytics
Over the past few years, companies have opened their eyes to the value that Finance can bring to many aspects of business—well beyond the traditional role of providing a standard set of financial reports year after year. Now, more and more business leaders are looking to CFOs for partnership and actionable insight.
Kenovation’s analytics service offering help CFO’s office to build a state-of-the-art analytics platform that can help answers some of the following questions
- What is our risk exposure with specific customers, and how does each customer relationship affect working capital?
- How can we streamline and enhance our business processes to make them more efficient?
- Are we investing in the right opportunities based on capital and/or revenue, and how do our business decisions affect our key value drivers?
- How profitable are my products and services across sales channels and customers?
- Which customer segments may offer the largest margins, now and in the future, and how are those margins affected by the choices we’re making today?
Digital Enterprise Management- SAP S/4 HANA For Finance
In many organizations, ERP systems has helped finance department to streamline their operations and move from siloed transaction system to integrated business function system. In today’s changing world, it is not enough for fiancé organization to have integrated core but need a digital core that can leverage other digital technologies seamlessly in day to day operations. By combining Kenovation’s technology expertise with SAP’s S/4 HANA platform can transform the finance organization by helping them in continuous close, Predicative accounting, Risk mitigation and collection management.
Kenovation offers Finance department and CFO’s office to take advantage of SAP S/4 HANA by providing consulting in
- Treasury operations
- Collection management
- Financial planning
- Project based accounting
- Book closing