Course description
Forward thinking finance leaders will recognise that they need to evolve their finance function, transforming from the traditional to the NextGen.
In this bespoke VantagePoint training course, our experts will coach you through the steps needed to get you there. Also at VantagePoint we will define what a Nextgen finance function looks like and what technology and skills you will need to have in place to make it a success.
When setting out on your NextGen finance journey, you will create a finance transformation project. There are many aspects to a finance transformation project and our innovative training course will cover these in detail. The improvement and automation of processes plays a key role, but your team also needs to adapt in order to become key influencers in your business.
We will cover all the ways technology can bring automation, efficiency and accuracy to your finance function, making your team less transaction focused and allowing them to add more value to the rest of the business.
Upcoming start dates
Suitability - Who should attend?
Senior members of a finance team planning or aspiring to transform their finance function.
Outcome / Qualification etc.
Learning Objectives: At the end of the course, attendees will be able to...
- Describe what a Next Gen finance function is, how it operates and why that can benefit an organisation
- Define what the “Finance function adding value” actually means for their entity, and the role of Finance teams in this
- Identify the parts of their finance function that could benefit from technological solutions
- Create a business case for a finance transformation project
- Prepare their organisation for a finance transformation project
- Influence senior staff in their organisation more effectively
- Mitigate some of the barriers to an effective Next Gen finance function, and know what needs to be in place for the transition to a Next Gen finance function to work
Training Course Content
NextGen finance function:
- What is a NextGen finance function and how that compares to traditional finance operations
- Why your finance function needs to become NextGen
- What is involved in a finance transformation project
Running a finance transformation project:
- The key elements of a finance transformation project
- Preparation needed before starting a finance transformation project
- Building a business case for your finance transformation project
Adding value to your business:
- What does adding value mean?
- How do finance teams add value?
- Exploring the roles of finance teams in the context of adding value
- Becoming influential in your organisation
Technology underpins and empowers a Nextgen finance function:
- What are the different ways technology can help the finance function
- Identifying the technologies that are right for your finance function
Ensuring your NextGen finance function works:
- Barriers to an effective NextGen finance function
Course delivery details
- Group live instruction
- Tailored agenda with interactive exercises
- Participation will be required
- At VantagePoint, we have a policy to avoid unnecessary printing. All course materials will be provided in soft copy. The only printed materials will be those necessary for exercises in class.
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