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AICPA Corporate Finance and Controllers Conference 2020

CFC2003 - Data Strategy: Its Vital Role in Successful Digital Transformation Projects


Oct 19, 2020 12:55pm ‐ Oct 19, 2020 1:45pm


Standard: $49.00

Description

Many things have to “go right” in order for digital transformation projects to succeed. These projects (e.g.; ERP and CRM implementations) often delay, disappoint, or fail entirely. A frequent, yet avoidable reason for failure is the lack of a prudent, well-conceived Data Strategy. A project-specific Data Strategy is developed once a business understands the information it owns, processes, controls, and needs – both in the present and in the future state. A proper system implementation plan should incorporate elements of the Data Strategy – including the more challenging, time-consuming tasks of data cleansing, relevance assessments, migration and cut-over planning, and the like. Planning ahead and considering data in these projects earlier rather than later can increase your chances of success with the project, as well as providing more sustained value.

In this session we discuss success factors related to prudent, proactive and intelligent Data Strategy – as well as other success factors necessary for increasing your odds of a sustainable digital transformation project.

Speaker(s):

  • Bob Green, CPA, CGMA, CITP, Lead Partner -SL Business Informatics, SingerLewak, LLP
  • Dave Stark, Practice Lead, Data Analytics and FP&A, SingerLewak Business Informatics

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