EXPLORE OUR SOLUTIONS
Finance Transformation
Our Finance Transformation services are designed to help organizations modernize and optimize their finance functions to drive better performance, efficiency, and value. This transformation can involve a range of activities and strategies, often tailored to meet the specific needs and goals of the organization. Here's an overview of what these services typically include:
Process Optimization
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Assessment and Redesign: Analyzing current finance processes, identifying inefficiencies, and redesigning workflows to streamline operations.
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Automation: Implementing robotic process automation (RPA) to handle repetitive tasks and reduce manual errors.
Technology Integration
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System Upgrades: Upgrading or replacing legacy financial systems with modern solutions like Enterprise Resource Planning (ERP) systems.
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Data Analytics: Integrating advanced analytics tools to enhance decision-making through better financial data insights.
Strategic Planning and Analysis
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Financial Planning and Analysis (FP&A): Improving budgeting, forecasting, and financial modeling practices to support strategic decision-making.
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Performance Management: Developing metrics and KPIs to track and enhance financial performance.
Organizational Change Management
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Training and Development: Providing training programs to upskill finance teams and ensure they can effectively use new systems and processes.
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Change Management: Guiding the organization through the transition, addressing resistance, and ensuring smooth adoption of new practices.
Risk Management and Compliance
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Internal Controls: Enhancing internal controls to reduce financial risk and ensure compliance with regulations and standards.
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Regulatory Compliance: Updating practices and systems to adhere to current financial regulations and reporting requirements.
Cost Management
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Expense Reduction: Identifying areas where costs can be reduced without compromising quality or performance.
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Cost Allocation: Improving methods for allocating costs to enhance financial clarity and accountability.
Customer and Vendor Management
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Billing and Collections: Streamlining billing and collections processes to improve cash flow and reduce days sales outstanding (DSO).
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Vendor Management: Enhancing processes for managing vendor relationships and payments.
Strategic Finance Function
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Finance Strategy Development: Aligning the finance function with the overall business strategy to ensure it supports organizational goals.
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Business Partnering: Transforming the finance role to act as a strategic partner to other departments, providing insights and driving business value.
Financial Reporting and Insights
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Reporting Automation: Implementing tools and systems to automate financial reporting and enhance accuracy.
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Insight Generation: Using data to generate actionable insights and drive strategic decisions.
Finance Transformation services aim to create a more agile, responsive, and strategic finance function that supports and drives business growth and innovation.
Why Us?
Our consultants come from rich Industrial experience in Finance, Management Accounting Audit and Taxation areas, with professional certifications.
From day 1, our specialisation area has been Finance processes optimisation by leveraging the technologies to the fullest such as
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Successful track record of automating vendor invoice processing, achieving up to 90% automation
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We have built several bespoke products and solutions for the SAP landscape that automate a range of Finance functions and processes
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Automating Month-end Close with our bespoke cockpit solution
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Automating the Banking Data via our bespoke solution for upload, approvals and update via API interfaces from Service providers
Our deep understanding of Financial processes and technology allows us to develop out-of-the-box solutions to solve complex day-to-day problems in the Finance area and boost efficiency and productivity.
