AI-driven finance: how Oracle reports quarterly audited results within 10 days

Event information

In today’s fast-paced financial landscape, streamlining the end-to-end close process is essential for driving efficiency and enabling finance teams to become better strategic partners to the business. So how do we transform the Finance function from score keeper to strategic partner? How do we leverage AI-enabled FP&A tools to uncover insights and drive actions and improve cash flow forecasting?

Using his own experiences at Oracle as a case study, Enzo Tolino, SVP Finance, will explain how to free up resources to drive innovation across the business. Enzo will share details around the process and organisational transformations that have taken place at Oracle, the compelling reasons for change and the positive outcomes for the business, along with practical tips for other organisations looking to embark on a similar journey.

Key benefits

• Discover how Oracle accelerated their end-to-end close process, leading to quarterly close including audited filings to the NYSE in less than 10 days.
• Learn how more than 96% of bank reconciliations were automated and intercompany transactions reduced to 90 minutes per quarter for over 400 entities.
• Get a perspective of the future of AI-driven finance and its impact on your organisation.

About the speakers

Enzo Tolino, Senior Vice President, Finance EMEA, Oracle Enzo's role involves managing and leading Oracle’s finance organisation across EMEA, providing both internal and external support to the business at all levels by leveraging an integrated, local and centralised finance team across Oracle. Enzo is also part of the Global Finance Management team, driving efficiencies and increased service levels through standardisation, centralisation, and automation. Enzo has more than twenty years of experience working in the IT industry, having held senior finance positions at Sun Microsystems, EDS, McDonnell Douglas, and Rolls Royce.

Neil Cutting, Transformation Director, Oracle Neil qualified with PWC, then moved into global finance leadership roles with Hewlett Packard Enterprise (HPE), Mars and Jacobs Solutions Incorporated. He spent 17 years at Jacobs (a Fortune 250 company), where he was Vice President of Finance. His experience included Divisional CFO, International Accounting Director and Transformation Director. In addition to his international career, Neil has been an active volunteer for ICAEW, including being a member and President of the West of England Board, Chair of the Aerospace & Defence CFO Forum, a member of the Business Committee and in 2023, was elected to ICAEW Council.

CPD hours

ICAEW's revised Continuing Professional Development (CPD) Regulations bring in new CPD requirements. This includes a minimum number of hours and an ethics requirement. Attending this webinar could contribute up to 1 hour of verifiable CPD, providing you can demonstrate that the content is relevant to your role.

A copy of the webinar booking confirmation email is accepted as evidence of verifiable CPD. You will need to save the email as a JPEG or PDF before uploading it to your record. Click here to use ICAEW’s self-assessment tool to help you work out how much CPD you will need to fulfil each year.

Costs

There is no charge to attend this event. ICAEW members and non-members are welcome to join.