Service Summary

Recommending software solutions to improve Finance processes.

Typical Benefits

HiveMind will recommend software solutions to help the customer achieving the targeted benefits:

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

– Meaningful and actionable KPIs and metrics

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

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

– Stop arguing over data quality instead of supporting data driven decisions

– Producing accurate timely reports

Overview

This service will in general be used in combination with other assignments within the Finance Transformation set of services, especially the ”Optimising Existing Investments” service.

When a customer project or assignment clearly indicates that savings or other benefits can be gained by implementing software solutions from House of Control, this will be recommended.

HiveMind may work together with House of Control to implement final solution (software + process improvement).

 

 

 

 

Service Delivery Experts

Christian Jönsson

Kevin Fines-Smith

Martin Westlake

Michael Ball

Chris Sutton

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

A practical and actionable report including:

  • Assessment of current and relevant software and process improvements
  • Complete solution recommendations (software + process)

Available Service Engagement Models

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

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.

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.

Focus In On: Responsible for Finance / CFO

New Areas of Value:

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

Meaningful and actionable KPIs and metrics

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

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

Improvements around:

Arguing over data quality instead of supporting data driven decisions

Inefficient or non-standard processes

Unable to produce accurate timely reports