Finance Transformation Services
- Benchmarking
- Process design and optimization, (P2P, R2R, O2C, FP&A)
- Cost reduction
- Finance integration
- Shared services design
- Shared service process transition
- Shared service delivery optimization
Clients choose to partner with Clearsulting in this area because:
- Inconsistent operating standards (i.e. closing, reporting, controls) across the enterprise
- Sub-optimal degree of process, systems, and internal control standardization
- Close process was very manual – lot of reconciliation and very little analysis – wanted to increase time spent on value add analysis
- Company’s growth outpaced the capacity and capability of the finance function
- Grown through acquisition, short sighted view on integrating finance function
- Highly decentralized business, wanted to standardize core processes globally
- Improved control structure and increased ability to respond to regulatory requirements
- Acquisitive company looking for increased efficiency in integrating acquisitions
- Company was in early stages of shared services discussions and wanted support in developing the business case to make an informed decision on the investment
- Needed support developing transition plans for each business unit, documenting the current state processes and system landscape