Dedicated to Helping You Grow
~~~~~~~~~Risk and regulation~~~~~~~\~~~~~~~~~Innovation ~~~~~~~~~~~~~~~~~~~~~Performance ~~~~~~~~~~~~~~~~~~~~~Transparency
Fintech’s growth and market potential
Fintechs range from digital-only banks to any technology used to streamline, digitise or disrupt traditional financial services. As the fastest growing financial sector, fintechs are disruptors with huge market potential. They’ve been embraced by businesses and consumers alike, with increased demand for 24/7 access to finances. Fintechs now have the opportunity to drive change, expand into other industries – and sometimes even scale up and expand into new markets. Those that thrive will have robust growth plans and innovative strategies. They also need to stay on top of challenges such as attracting and retaining talent, accessing much-needed capital to support growth, and keeping up-to-date with regulatory change in an environment that is constantly changing.
Technology and innovation at your fingertips
Driven by regulatory changes, shifting consumer preferences and the fast pace of technology transformation, innovation is at the centre of financial services. This has allowed organisations to become more competitive, better manage their data and make more informed decisions. Ranging from artificial intelligence synthesising information to drive personalisation and streamline operations, to open banking, enabling financial institutions to better manage risk and create tailored products – there’s a raft of innovation at your fingertips.
However, recent data breaches bring into focus the importance of cyber security and operational resilience, as well as having a strong strategy in place to prevent, minimise and rectify impacts. You’ll need to stay on top of requirements including APRA’s Prudential Standards CPS 234: Information Security and Prudential Standard CPS 230: Operational Risk Management.What SAIL & CO ENTERPRISES can do for you
When your organization is faced with complex business issues that stifle growth, increase costs and introduce new risks, you need more than just best practices or simple point solutions. Profitable long-term growth and value-added insights require rethinking what you do with the resources you have in a strategic manner to drive transformative change. In today’s business environment, organizations that delay their response or ignore the need to transform risk slow growth and lost competitive advantage, or worse.
Transforming Finance must be an enterprise-wide undertaking. Our Finance Consulting professionals have both finance and accounting knowledge, plus an underlying knowledge of enabling technologies to help you capitalize on opportunities that will help grow, improve and protect your business now and in the future. SAIL & CO ENTERPRISES adapts the methodology and delivery to suit your specific circumstances. And we can help you rethink what you do with data to unlock valuable business insight.
We continually develop our services to meet the needs of today’s quickly evolving digital standards and your ever-evolving goals for success. We know that making changes in one small area can make a huge positive difference overall.
Our Agile Business Finance approach:
- Evaluates and understands the gaps created by your current technology environment and the implication for your operating model, organization and process effectiveness.
- Develops a road map that clearly identifies your future state objectives and how technology-enabled transformation can help you achieve those objective.
- Understands the potential business benefits and overall business case in detail so that appropriate investment decisions and trade-offs can be made. The focus is the right leading-edge technology from both an ERP perspective as well as digital enhancement, including technologies such as intelligent automation, robotics, artificial intelligence, blockchain and other similar capabilities.
- Finally, we don’t lose sight of the human element with a variety of companion services focused on managing change, understanding the new skills required and helping the people impacted transition to new ways of working and thinking about work.
People Excellence helps map finance’s current skill set, identify opportunities for improvement and execute the road map to prepare the finance team for the future.
SAIL & CO ENTERPRISES teams leverage a proven approach to:
Assess the current strengths and weaknesses of the finance function’s current skill set
Refine roles and responsibilities
Benchmark against leading skills expectations
Identify skills gaps
Advise on recommendations for improvement
Our Finance Controlling Excellence approach:
- Widens the finance leader’s perspective to collaborate closely with other internal functions for business planning and strategic decisions and not just from a monitoring, reporting and risk management perspective.
- Brings together all of the key elements of an effective controllership function: people, process, policy, technology and delivery model, while promoting strong partnership between finance and the business.
- Leverages leading-class technology such as SAP Simple Finance to drive the data, analytics and insights required to manage the business.
- Designs and implements finance delivery models to build the scale and consistency required to manage an increasingly complex landscape.
- Integrates both the global standards and local complexities required of the controllership function.
