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Manufacturing and planning integration: managing for profitability

It’s no secret that manufacturing finance has lagged behind other sectors when it comes to adopting new technology that can improve managing and forecasting profitability. This lack of automation comes at a time when manufacturing finance and operational organizations struggle to keep up with the ever-changing business environment. Change in pricing and supplies that used to occur over weeks and months now occur in days or hours. All of this change is taking place while finance and operations are often asked to “do more with less.”

Standardization, process automation, visibility across the organization and access to real-time data are essential to running a profitable business.

In this on demand virtual panel, Baker Tilly, OneStream Software and Plex Systems discuss:

  • The challenges organizations currently face with enterprise performance management
  • Key trends the manufacturing finance organization can expect over the next five years
  • The maturity of automation in the manufacturing finance organization
  • Key areas to improve enterprise performance management
  • Key automation tools and process changes to consider, from financial close management platforms to enterprise performance management
  • How to develop short- and long-term strategies to build a more resilient and profitable organization
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