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229. Financial Transformation Live - Finance Record to Report Maturity Model

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Manage episode 486593930 series 3457329
Content provided by Hannah Munro. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Hannah Munro or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

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In this episode of CFO 4.0, Neil Lynchehaun unpacks the Records-to-Report (R2R) maturity model and shares hard-earned insights from decades in finance transformation. He challenges traditional finance thinking and explores how finance teams can shift from compliance to strategic enablement.

What’s covered in this episode:

  • Why maturity models are tools for inspiration, not evaluation
  • The five levels of finance maturity, from statutory compliance to strategic insight
  • How poor tagging and manual journals hold finance back
  • The mindset shift from finance-led budgeting to operational-led planning
  • Real-time accounting, continuous close, and eliminating month-end chaos
  • Building finance functions that partner with, not trail behind, the business

Links mentioned:

  continue reading

Chapters

1. Introduction to CFO 4.0 (00:00:00)

2. Understanding the R2R Maturity Model (00:04:48)

3. Speaker's Background in Finance Transformation (00:06:49)

4. Why Use a Maturity Model (00:16:11)

5. Finance's Disconnect from Operations (00:23:37)

6. Five Levels of Finance Maturity (00:36:35)

7. Master Data and Business Modeling (00:50:44)

231 episodes

Artwork
iconShare
 
Manage episode 486593930 series 3457329
Content provided by Hannah Munro. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Hannah Munro or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Send us your thoughts

In this episode of CFO 4.0, Neil Lynchehaun unpacks the Records-to-Report (R2R) maturity model and shares hard-earned insights from decades in finance transformation. He challenges traditional finance thinking and explores how finance teams can shift from compliance to strategic enablement.

What’s covered in this episode:

  • Why maturity models are tools for inspiration, not evaluation
  • The five levels of finance maturity, from statutory compliance to strategic insight
  • How poor tagging and manual journals hold finance back
  • The mindset shift from finance-led budgeting to operational-led planning
  • Real-time accounting, continuous close, and eliminating month-end chaos
  • Building finance functions that partner with, not trail behind, the business

Links mentioned:

  continue reading

Chapters

1. Introduction to CFO 4.0 (00:00:00)

2. Understanding the R2R Maturity Model (00:04:48)

3. Speaker's Background in Finance Transformation (00:06:49)

4. Why Use a Maturity Model (00:16:11)

5. Finance's Disconnect from Operations (00:23:37)

6. Five Levels of Finance Maturity (00:36:35)

7. Master Data and Business Modeling (00:50:44)

231 episodes

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