How to Avoid Mistakes When Implementing Corporate Finance Systems
Automation is meant to simplify work and enhance business efficiency. However, in practice many projects stall, exceed budgets, or fail to deliver expected results.
Why does this happen?
We asked our seasoned experts to highlight the often-overlooked challenges that must be addressed during project planning.
Why does this happen?
We asked our seasoned experts to highlight the often-overlooked challenges that must be addressed during project planning.
Days
Hours
Minutes
Seconds
Date
17th April 2025
Time
10.30 (UAE)
Format
17th April 2025
We will examine common pitfalls in preparing and implementing information systems, share practical examples, and discuss strategies to avoid these so-called “project traps”:
1
A Project Sponsor is the only party who seems to benefit from the system being implemented
- Why administrative measures alone are unlikely to drive the project forward
- How you can convey the need for change to your team
2
The agreement reached at the C-level is not communicated to other levels
- How to align the promises made to top management with the actual benefits of operational staff
- Strategies for improving communication across all project levels
3
The Illusion of a Universal Solution
- Why a “one-size-fits-all” approach doesn’t work
- What to realistically expect from automation and when to expect results
4
An Attempt to Automate “All at Once” in a Short Period of Time
- When you should refrain from automating all processes at once
- How to achieve “comprehensive automation”
5
The Absence of a Project Champion
- Who the Project Champion is and why their role is crucial
- How the absence of an internal leader increases project risks
6
Automating Chaos
- Why automation cannot fix existing process challenges
- Where companies should start if processes are not well-defined
7
The Absence of a Project Team and a Project Manager on the Customer Side
- Why relying solely on an external contractor’s team can be risky
- The importance of having an internal project team and manager
8
The Methodology is not well-designed, but the Customer is convinced otherwise
- Why having a methodology in an Excel sheet doesn’t mean it’s ready for automation
- How you can ensure your methodology is ready for digital transformation
9
Wrong Choice of FP&A System
- Start not by choosing a specific system, but by selecting a platform
- Key features a CPM system should have to ensure effective planning and forecasting
Target Audience
- CFOs
- CIOs
- Business owners
- Financial controllers, Heads of Planning and Budgeting
- Automation Project Sponsors
- Anyone looking to initiate or rethink automation in their organization
Benefits of Participation
By joining, you will:
- Learn about the common automation mistakes 80% of companies make
- Gain valuable insights to prepare effectively for a successful system implementation
- Get practical advice on ensuring your team and processes are ready
Our speakers
- Alex ZaitsevAlplanir Solution Architect, FP&A Expert
- Netta ZaitsevaProject Manager, FP&A Expert
- Varun MalikKonsälidön, Founder
- Abdul RahmanALJISR Advisory & Consulting, Co-Founder and Partner
Get registered!
On the webinar we will share best practices as well as insights from industry experts!
Any questions? Contact us!
Inna Chebukina
Business Development Director in the UAE
Phone: +971 58 586-3806
Email: mail@ade-solutions.com
Email: mail@ade-solutions.com
