Con­tin­u­ous Account­ing-The Next Evo­lu­tion of Finance & Accounting

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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.