While all business functions are critical. Finance and Operations are at the core of every business. Finance helps keep score and sets future direction while supporting critical decisions and Operations is where the proverbial rubber meets the road as the engine of business activity from supplier to customer. Whether a service business a manufacturing business or a complex retailer, every company is involved in a variety of operations involving supply chains, inventory and end to end business process enabled by technology and empowered by people.
Our Finance and Operations Excellence Solution helps our clients optimize critical business functions both today and tomorrow. For Finance, we start with a view of business intelligence, the forecasting process and how we do analytics. Also, the core back office elements including closing the books and creating both statutory and management reports. Risk Management also plays an important role.
On the operations side of the equation, we support our clients in a variety of areas including Supply Chain and Logistics Management. Inventory Management, Sales and Operations Planning and Shop Floor Optimization. All of these activities take place with critical enabling technologies including SAP. Archer Integrated Risk Management and BlackLine to name a few.
Enormous potential
Done properly, Finance and Operations Excellence yields multiple benefits:
- Significant cost reductions in both process and IT costs while optimizing the workforce with 30%+ savings not being uncommon.
- State of the art tools in both for Finance and Operations function with a focus on integration and data flow between both.
- A strategic view of the back office and day to business activities that supports long term objectives while optimizing day to day activity.
Throughout, we bring a business-oriented view that includes knowledge of enabling technologies and capabilities.
Core expertise in Finance and Operations Excellence
We start with a “pre-study” which can often be done in weeks to maybe a few months. From this study, we identify critical areas of focus, integration points and a set of overall objectives which are used to develop a detailed roadmap. From here we move to a conceptual design to help determine the best enabling technology and organization structure. Finally, we are often asked to stay on during implementation either supporting our clients directly or working side by side with systems integrators. Our focus is on results for the long term and our clients appreciate our commitment.
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