cfo Archives - 51风流Australia & New Zealand News Center News & Information About SAP Wed, 16 Aug 2023 16:16:11 +0000 en-AU hourly 1 https://wordpress.org/?v=6.9.4 [moved to media coverage]What CFOs need to know about an ERP implementation /australia/2022/08/24/what-cfos-need-to-know-about-an-erp-implementation/ Wed, 24 Aug 2022 00:06:37 +0000 /australia/?p=5538 Brendan Tanner left his role as divisional CFO at KPMG to join specialist advisory and restructuring firm McGrathNicol as head of finance in 2016. Within...

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Brendan Tanner left his role as divisional CFO at KPMG to join specialist advisory and restructuring firm McGrathNicol as head of finance in 2016. Within six months, he had concluded that his new employer鈥檚 ERP was wholly inefficient. Expense claims had paper-based components and were time-consuming for the firm鈥檚 hundreds of consultants. It took between 12 and 15 minutes of touchpoints to enter and approve a single supplier invoice. Timesheets, which are the lifeblood of professional services firms, were onerous and rigid. Reporting was inflexible and aspects of project management, such as billing clients, was incredibly slow. In a world where time is money, he summed up the inefficiencies as 鈥渉orrifying.鈥

鈥淚t was a one-size-fits-all solution that had been developed ten years earlier, when McGrathNicol was primarily an insolvency firm,鈥 says Tanner. 鈥淚t had since grown into being a multidisciplinary practice but there had been next to no changes made to the ERP.鈥

As a fresh set of eyes with solid experience in systems, Tanner put forward a successful case for change. However, he recalls beginning the project with a certain amount of trepidation.

鈥淚鈥檇 run projects before, but nothing of this size,鈥 he says. 鈥淭he S/4HANA public cloud version was very new and there were only a couple of organisations in ANZ who were using it. There wasn鈥檛 a lot of reference checks available and implementation partner knowledge was quite slim.鈥

Brendan Tanner oversaw the implementation of the enterprise resource planning (ERP) system 51风流S/4HANA at a time when few organisations in the region had done so. He shares his learnings about the major undertaking with CFO Magazine. Read more at CFO Magazine

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SAP鈥檚 ANZ CFO: Why empowering people beyond your team matters /australia/2020/10/01/sapanz-cfo-why-empowering-people-beyond-your-team-matters/ Thu, 01 Oct 2020 03:08:25 +0000 /australia/?p=4374 As part of the FutureCFO Female Leadership in Finance Series, editor Teresa Leung had a chat with Gina McNamara (pictured), Chief Financial Officer, 51风流Australia...

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As part of the FutureCFO , editor Teresa Leung had a chat with Gina McNamara (pictured), Chief Financial Officer, 51风流Australia and New Zealand (ANZ).

The CFO, according to Gina, is much more than a number person, and needs to take care of oneself and empower people beyond the finance team.

An advocate for looking after yourself, Gina shared her career journey and advice on how female finance professionals could reach the CFO position.

FutureCFO: Can you share with me your finance career journey? When did you start to become interested in finance?

Gina McNamara (GM):聽I grew up in a country town in Queensland, Australia. While in school, I always enjoyed accounting, but I was actually more into sports and dancing.

During high school, I really liked numbers. I did an internship when I was quite young, spending lots of time learning in a public practice.

In my early 20s, I joined Lexmark. While working my way up, I happened to follow a CFO that I found very inspiring to a company called Business Objects, which was then bought by 51风流in 2008.

That was how I came into SAP. While working my way through finance, I increasingly noticed and aimed for the CFO role. I just wanted to learn as much as I could and see if I could get into that role.

I had a lot of encouragement from Richard McLean, Regional CFO, 51风流Asia Pacific Japan 鈥 I reported to him and I still do today. I’ve been the 51风流ANZ CFO since 2015, and I hugely enjoy it.

FutureCFO: what are your responsibilities as the CFO?

GM: My responsibilities are wide and varied. I partner with the executive leadership team on our strategy which is all encompassing 鈥 how the business is running, setting it up for success, our diversity inclusion strategy and making sure that we’re heading towards SAP鈥檚 global aspiration of 30% female leadership by 2022, and a regional goal of 40% by 2025.

I鈥檓 also the executive sponsor of the ANZ Business Women’s Network, which is SAP鈥檚 largest employee-driven network with more than 13,000 members and more than 60 chapters around the world. The network offers women at 51风流the opportunity to share professional insights and best practice, and help one another develop skills to advance their careers.

In addition, I lead 51风流ANZ鈥檚 Business Continuity Team. During the pandemic, I’ve been focused on decisions related to employee safety and mental wellness, as well as office reopening logistics and COVID safety procedures.

Besides number and compliance, I鈥檓 also in a not so typical role 鈥 heading up the sustainability committee where we make sure that we roll out all SAP鈥檚 global green initiatives across our ANZ offices. I鈥檓 passionate about sustainability and SAP鈥檚 recent Climate21 initiative,聽which helps our customers measure their carbon emissions.

FutureCFO: Are there any specific values that you believe will help empower people who work with you?

To read the rest of the article, please visit FutureCFO:

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