E84 - Malcolm Shroff - Data Governance and its Role During and After Your New ERP System

Alignment and focus across the board are key in achieving a company’s goals as quickly as possible by working smarter not harder. But how does the finance team work with other departments to ensure everyone is focused on a common goal?

Malcolm has the answer to creating a more cooperative environment to reach that end of the rainbow.

Meet Malcolm Shroff

Malcolm’s Role as a Financial Leader at Essence Group

Malcolm Shroff is the Chief Financial Officer of Essence Group Sydney, established in 2004, and an industry recognised and accredited food contract manufacturer that formulates ideas and concepts developed with strong industry knowledge into finished FMCG. Essence Group is a leader in nutritional innovation.

Malcolm’s Past Experiences in Finance

Malcolm is an experienced Finance, Governance, Risk & Compliance Professional with cross-continental experience in well-reputed multinational publicly listed corporations; spanning the automobile and office products / supply chain industry.

Before Essence Group, Malcolm was the youngest CFO in the Tata Motors Group’s history, successfully setting up and achieving operational profitability of an overseas subsidiary with positive EBIT within the first 6 months of company incorporation. In addition, he implemented the corporate restructuring of Tata Motors’ passenger vehicle dealership.

He was titled Merit Holder in the Final Professional Level Company Secretaryship Examinations conducted by The Institute of Company Secretaries of India, leading to the award of the ‘Company Secretary’ professional qualification.

Data analytics, data governance, and ERP systems

In this exclusive analytics podcast episode, Malcolm shares:

• His recent nomination as a Governance Top 100 Finalist
• His advice for excelling in governance and data governance
• What Essence Group does as a contract manufacturer
• His role as the CFO of a mid-sized enterprise in Australia
• The success he found through the use of data analytics in his role
• The role of governance and data governance when selecting and implementing a new ERP system
• His thought process in selecting and implementing a new ERP system
• What to do with the data coming out of new and old ERP systems
• Data mapping correctly throughout different departments in the organization
• How reporting and data analytics can continue to function when switching ERP systems

If you have a C-suite role and you’re working for a mid-sized enterprise, soon to face the decision of implementing a new ERP system, this is the episode you do not want to miss out on.