Oliver Wight to Present at Mastering SAP Financials 2013

Online, April 5, 2013 (Newswire.com) - Joining leading financial and planning professionals from across the world, business improvement specialists, Oliver Wight, will present on the benefits of efficient annual planning processes at the Mastering SAP Financials in Sydney 13-15 May.

Designed for financial professionals using SAP in their organisation, the 3-day conference will address current challenges and provide advice on how to get the most from financial tools and their corresponding processes. Oliver Wight's presentation 'Making Annual Planning a Significant Non-Event', will be given by Stuart Harman, Partner at Oliver Wight Asia Pacific, on day one of the event.

"Company leaders are increasingly concluding that traditional annual planning and budgeting processes are simply inadequate to effectively manage a business in today's dynamic environment," says Harman. "However, most still spend an inordinate amount of time and resources on antiquated, ineffective annual planning and budgeting processes."

Harman's presentation will cover why the traditional model for annual budgeting is insufficient to operate the business and how time can be more valuably spent on true scenario planning using Integrated Business Planning (advanced S&OP).

"As more companies advance their S&OP processes into fully integrated business planning processes, many are starting to realise the benefit of more credible and reliable assumptions driving the operating and financial plans. Regularly and routinely updating monthly plans, aligning and sychnronising them from top to bottom, not only minimises and eliminates financial surprises, but saves the business time and money."

Mastering SAP Financials is held at Novotel Sydney Manly Pacific, Austraila. More information and tickets for the event can be found on the Mastering SAP website.