Transform back office challenges into successes
The need for better and faster information – coupled with large demands for investment in regulation and controls –has increased the costs and complexity of the finance function. A few years ago, a 1-to-1.5 percent of revenue was considered a good benchmark of finance function. Today, competitors are driving such benchmarks down to .75 percent and less.
Delivery of improvements needs to be at an optimal cost, and current approaches need updating. Some organizations have spent years implementing massive step changes in new ERP systems, common business processes and structures. Others have been less fortunate and are still in the arena of tackling the disparate legacy systems and processes. Many now wish to take advantage of establishing new models such as shared services, offshore and outsourcing to gain further cost and efficiency advantages.
ExperisFinance Back Office Transformation Services help Finance Directors and Chief Financial Officers meet all of these challenges.
Our process can be tailored to your company's specific needs. It typically involves a strategic assessment, development of a detailed operating model, a pilot of the model to fine-tune, and implementation of the model throughout the entire organization. In addition, at some point in the future, a stabilization phase may be needed to re-align or improve service levels.