Transforming the Finance Function - From Cost Center to Value-Adding Strategic Differentiator
All too often, corporate finance is relegated to a backward-looking non-strategic function, a necessary cost center that is focused on transactional aspects and reporting. We will demonstrate using real-world examples - how MAHLE can evolve their finance function into a strategic differentiator; one that is a partner for management, insight-focused, forward-looking, and supports true value creation. To do so requires disrupting the status quo, streamlining processes, making data accessible, and shortening cycle times in order to make finance more transparent, more responsive, while also shifting the focus from reporting to analysis, insight, and action. Richard from MAHLE and Christian from KERN will illustrate how to get measurable results to the bottom line.
Richard Gray works at MAHLE Engine Components USA, Inc. in Morristown Tennessee. He has 23 years of experience with MAHLE in the Controlling field and is currently the Manager and Head of Cost Accounting. This is also paired with 5 years of experience in the electronics industry. He has worked through 3 implementations directly and assisted on numerous others. He was the lead for SAP CO for the first R/3 location in North America for MAHLE. His plant and team have been using Allevo for 4years.