Join our panel of experts to explore why Finance holds the key to unlocking Airline profitability
13th June 2023, 10 AM BST (45 minutes)
Panelists: Steve Benham, Airline Industry Director at Profit&, and Claire Lord, Senior Customer Success Partner at Anaplan
Consider the impact on profitability if you could improve flight route profitability by just 1%. Then consider the impact if this could be repeated across the entire network.
Making what may seem like small incremental improvements to flight and route profitability will have a significant impact on airline profit. Steve and Claire will explore the critical role of Finance to provide timely insights into route cost and profitability to support impactful networking planning decisions.
Steve is a passionate advocate of forward-focused decision-making and will discuss why it’s important to connect financial models, in real-time, if you want to unlock previously impossible-to-reach profits, and significantly enhance Finance Business Partnering capabilities. Often the time it takes to extract financial data, manipulate it in spreadsheets, analyse, and report, can mean that key decisions are reliant on out-of-date, or incomplete financial data. Steve believes that the risk of using inaccurate data is unsustainable given the complex and competitive nature of the airline industry.
Steve will share his experience of developing performance management solutions in airlines, and he and Claire will discuss how Anaplan enables Finance to access timely and accurate forecasts of cost and profitability that support intelligent decision-making.
Join Steve and Claire to learn why those airlines getting on board with Anaplan digital technology, are achieving more than incremental improvements to their bottom line.
Who should attend?
C-Level Finance Professionals
Financial Planning & Analysis Specialists
Performance Management Specialists
Cost & Profitability Specialists
Steve's passion is to help finance departments become genuine business partners, transforming them from corporate historians into fortune tellers, so that CFOs become more relied upon for insights into the effect of decisions on future profitability. Steve qualified as an accountant with PwC and spent 15 years of his early career in CFO roles, before forging a career in cost management consulting spanning more than 20 years. Steve has led large cost management projects and developed deep expertise in the Airline Industry. Prior to establishing Profit& in 2016, he was a Director at PwC Finance Consulting, and Cost Management Practice Lead in Vantage Performance Solutions. Steve also led Cost Management Consulting Practices for technology firms including SAP, Business Objects, and pioneer in activity-based costing, ALG Software.
Claire Lord is a certified Anaplan model builder, with over 20 years' experience at a leading tour operator and airline, where she headed up transformational initiatives and drove their Anaplan Centre of Excellence. Claire works with some of Anaplan’s key aviation clients, helping them realise efficiencies, increase revenue and reduce operational risk.