Continuous Accounting-The Next Evolution of Finance & Accounting

Hosted by: EPM SIG within Financials Community

This presentation addresses the next step in the evolution of accounting and finance – continuous accounting, which is enabled by in-memory technology and improvements in ERP software – notably SAP’s S/4HANA Finance. This session will define continuous accounting and compare it to the typical record-to-report process used today. Additionally, it will cover the key requirements to enable organizations to move toward continuous accounting - technology, people, and process. Finally, it will address key benefits of the concept and discuss how it helps the accounting and finance serve strategic roles within their organizations.

Speaker:

Jeff Hattendorf

Jeff Hattendorf is Macrospect COO/Principal Consultant with more than twenty years of experience moving data for business. He co-founded Macrospect with Randy Marvel in 2005, which is one of the leading implementation partners for SAP’s EPM suite of products. For the last ten years, he has focused on planning, consolidations, and related business intelligence reporting using the SAP EPM suite of tools. Macrospect works with some of the largest companies in the world, such as The Estee Lauder Companies, PepsiCo, Agrium, Union Pacific Railroad, Philips Healthcare, Lexmark International, Chase Paymentech, Tyson Foods, Ascend Performance Materials, International Flavors & Fragrances, and Canadian Pacific Railway, among others.

Mr. Hattendorf oversees every engagement and his client industry experience includes:

financial services
oil and gas
transportation
healthcare/pharmaceuticals
technology

He specializes in solution architecture, process design, data integration, contract negotiation, engagement leadership, and training.

Graduating from The University of Texas at Austin in 1992 with a BBA in Marketing & Management, Mr. Hattendorf also earned an MBA with an emphasis in information systemsfrom Texas Christian University-M.J. Neeley School of Business in 1996. He is certifiedin numerous technologies, including multiple versions of SAP Business Planning & Consolidations software. He is a National Merit Scholar and a member of Mensa.