In business for people.Page 1 Proprietary and Confidential

Are Robots going to destroythe Financial Function?

“

”Ton Dobbe, Chief Evangelist

17-Nov-16

Page 2 Proprietary and Confidential

This is your domain

Compliance Performance

24/7 Insight

Continuous Growth

Shareholder Value

Accurate Data

Managed Risks

Compliant Reports

17-Nov-16

Page 3 Proprietary and Confidential

Everything that’s rule based can

be automated…And bots arethe ultimate candidates

What we see…

17-Nov-16

Page 4 Proprietary and Confidential

…And this is how we expect it to impact your domain

Compliance Performance

Accurate Data

Managed Risks

Compliant Reports

Continuous Growth

Shareholder Value

24/7 Insight

17-Nov-16

In business for people.Page 5 Proprietary and Confidential

Now, why is thisnot a bad thing?

17-Nov-16

In business for people.Page 6 Proprietary and Confidential

too much time andeffort spent on not

doing enough of the right thing…

...or not doing them at all!

“ 56%of global CFO’scannot focus on

strategic priorities because time spent on compliance, controls,

cost”

17-Nov-16

Source: The DNA of the CFO, EY, 2016

In business for people.Page 7 Proprietary and Confidential

Inability to continue to meet stakeholder

expectations

“ 47%of global CFOs say their current finance function does not have the right

mix of capabilities”

17-Nov-16

Source: The DNA of the CFO, EY, 2016

In business for people.Page 8 Proprietary and Confidential

The number of regulations grow

exponentially

“ Your challenge:

Inability to continue to

stay compliant”17-Nov-16

In business for people.Page 9 Proprietary and Confidential

Regulations arekilling innovation

and creativity

“ Your challenge:

Inability to meetnew norms of being

fast enough”17-Nov-16

In business for people.Page 10 Proprietary and Confidential

So it could take a goodpart of your job…

But there’s also good news…

17-Nov-16

Page 11 Proprietary and Confidential

We are at a stage where technology has the power to amplify people’s skills beyond their natural limits

17-Nov-16

Page 12 Proprietary and Confidential

Augment people where they are at their best

Take the Non-Value adding Repetitive tasks

What this means – two angles

1 Wasting your time / interruptions2 Disruption from organisational change3 Administration4 Inefficiencies

1 Productivity2 Focus3 Creativity4 Clarity

17-Nov-16

Page 13 Proprietary and Confidential

FOCUS TODAY DESIRED FOCUS

70%

5% of effort

25%

5%

70%

25%

TRANSACTIONAL

SPECIALISEDEXPERTISE

DECISIONSUPPORT

TRANSACTIONAL

SPECIALISEDEXPERTISE

DECISIONSUPPORT

… and that, will give a transformation of focus

17-Nov-16

Page 14 Proprietary and Confidential

Can you make the jump?

17-Nov-16

Leve

l of e

mpo

wer

men

t

Level of maturity

Automatedself-service

model

Efficientprocess

execution

Flexiblereal-timeanalysis

Structuredfinance

procedures

Manual SelfdrivingAutomate

Manual TasksReduce Input

RequiredException

ManagementReal TimeInsightful Decisions

Intelligent Recommendations

Sense potential problems

Prescribe solutions

Driverless actions

STANDARDIZE OPTIMIZE PREDICT DRIVE

Page 15 Proprietary and Confidential

Will you bejobless or… will your role change

for the better?

17-Nov-16