Service Summary

The Systems and Technology Service will guide and advise on how to apply technology and utilise systems to enable finance transformation and deliver an effective output from the finance function.

Typical Benefits

Typical areas where value is realised include:

– Fast access to reliable data to enable front-line decision making

– Improved Forecasting / Predictive Insights / Budgeting

– Quality, speed and savings from optimisation and automation of finance processes

– Rapid adoption of new technologies

– Becoming true business partner(s) to CEO and across the business

– Best in class cost and service efficiency

– Compliance and data quality is right first time, on time, every time

– Enhanced ability to drive financial returns, cashflow and sustainability

Pains typically relieved include:

– Finance function under a lot of pressure from operational tasks

– Inefficient or non-standard processes

– Unable to maintain steady cash flow and control costs

– Contentious stakeholder relations and/or lack of board confidence absorb excessive amounts of direct personal time

– Arguing over data quality instead of supporting data driven decisions

– Unable to produce accurate timely reports

– Lack of the right resource for projects to improve performance

Overview

The Finance Transformation Services enable Finance to sustain and grow the business with enhanced value add and more effective and efficient future proof processes and systems.

The array of new reporting tools on the market can be both an enabler and a problem for the finance function. We help create data strategies which maximise the availability of timely and reliable data at the front line while protecting the single version of the truth.

We provide expertise on the implementation of ERP and accounting packages, and also provide expert support on newer finance technologies such as data mining, blockchain, robotics and AI. Our systems and technology support is focused on future proofing the finance function and ensuring delivery of business case benefits.

Service Delivery Experts

Chris Sutton

Christian Jönsson

Michael Ball

Kevin Fines-Smith

Ranjit Sankar

Martin Westlake

Our Requirements of You

* Ensuring an executive sponsor from your organisation is allocated to the engagement, communicates the rationale behind it and signs off any ‘Terms of Reference’.
* Assisting in all possible ways to ensure that a contract, (and confidentiality agreement where necessary) is in place, in advance of any work commencing.
* Ensuring all support is in place and access is granted for all and any required data, processes, policies, meeting rooms and nominated resources to enable successful delivery of the engagement.
* Ensuring sponsor availability within the agreed timeline, to resolve any significant issues that may impact the timely completion of the engagement, if not resolved in a timely manner.

Our Commitments to You

* Provide support throughout service delivery using our World Class Professionals and Subject Matter Experts.
* Provide high quality deliverables in a timely manner and in line with agreements upon engagement with the client. (Any changes to this will be mutually agreed in writing, in advance, between all involved parties).
* Provide deep insights and genuine value-add in all possible areas throughout the engagement.
* Provide progress updates and feedback at regular intervals, agreed in advance or at the engagement ‘kick off session’.
* Respect all personal and professional development of client team members throughout the engagement.

Deliverables

  • Adoption of new finance technologies (for example new payments technologies and blockchain)
  • Advice road maps for the adoption of new finance technologies (for example new payments technologies and blockchain)
  • New systems implementation, typically Accounting systems, ERP and Data analytics
  • Automation of finance processes

Available Service Engagement Models

*This service may be engaged via multiple engagement model options to provide maximum flexibility.

Network Units

Network Units enable complete flexibility around any engagement. When using Network Units, clients can swap and change delivery experts, scope and duration of engagements in a frictionless manner with very little notice, in line with the quantity of Network Units purchased. Network Units can be purchased in blocks of any size and at any time and are billed in full at point of purchase.

Project Based Engagement

Project based engagements operate on the basis of agreeing work and any outcomes or milestones for delivery in advance of commencement of any engagement in a ‘Statement of Work’. Prices are fixed for the agreed deliverables and should changes be required, these may incur changes to delivery costs. Payment for Project Based Engagements are agreed on a case-by-case basis, giving consideration to risk, contract value, client payment history, relationship longevity and duration.

Focus In On: Responsible for Finance / CFO

New Areas of Value:

Fast access to reliable data to enable front-line decision making

Improved Forecasting / Predictive Insights / Budgeting

Quality, speed and savings from optimisation and automation of finance processes

Rapid adoption of new technologies

Becoming true business partner(s) to CEO and across the business

Best in class cost and service efficiency

Compliance and data quality is right first time, on time, every time

Enhanced ability to drive financial returns, cashflow and sustainability

Improvements around:

Finance function under a lot of pressure from operational tasks

Inefficient or non-standard processes

Unable to maintain steady cash flow and control costs

Contentious stakeholder relations and/or lack of board confidence absorb excessive amounts of direct personal time

Arguing over data quality instead of supporting data driven decisions

Unable to produce accurate timely reports

Lack of the right resource for projects to improve performance