BELL FINANCE
Beginning their finance transformation journey back in 2019 – Bell Finance saw the potential emerging technologies have to fundamentally transform the way that they work and the services that they provide , discerning that data and analytics ( D & A ) is core to what they do as a finance function . So fundamental , in fact , that they consider D & A and technology adoption to be a cornerstone of their entire transformation , if not the chief driving force behind it .
If you stop to consider what a finance department or an accounting function actually is , you ’ ll quickly realise that it begins and ends with data and information – and the packaging up of that information to either produce new insights on performance , help develop business forecasts , or to ultimately provide strategic recommendations and services to the organisation as a whole .
“ It ' s really about being able to develop a leading edge practice by moving away from a traditionally federated approach , to instead managing data and analytics by channelling it into a centralised team and a centralised system ,” says Matthew MacEwen , VP of Finance , and lead of Finance Transformation initiative at Bell , including the Finance Data and Analytics work stream . “ This has really helped our finance function to accelerate its transformation and to have a specific focus , ensuring our entire finance community has access to all of the data that they need in order to carry out their day-to-day jobs , and help drive automation of manual processes .”
In 2019 , MacEwen was asked by the CFO to help lead their finance transformation initiative , and to help develop their future state roadmap . At that time , the company had started centralising their CoE and MacEwen was – and still is – the leader of that group . In his D & A role , he leads finance transformation , as well as supporting
56 March 2023