Case Studies

Finance transformation: scoping and planning of the journey

Shaping the Finance of the future

December 16, 2019

Background

The client is a leading financial player on Capital Markets and Post Trade services with a Group structure resulting from multiple M&A operations that were leading to a massive diversification of the services offered, to rapid growth rates, but also to Finance processes and systems only partially covering the new and upcoming business needs.

Decisions and actions

We performed a full check up and maturity evaluation of the entire Finance area for all Group companies (Accounts Payable, Accounts Receivable, General Accounting, Planning & Reporting, Treasury) and focusing on all the relevant dimensions: organization, processes and technology enablers

Thanks to the outcome of the analysis and to the comparison with world-class benchmarks, BIP defined a Finance transformation program based on 12 main streams and including:

  • quick wins to be immediately deployed for risks mitigation on the most urgent areas

  • medium and long term actions including the definition of a single instance ERP to be implemented across the Group.

Results

Start-up of an evolution journey for Finance processes and systems thanks to new integrated solutions in line with the upcoming business challenges for the Group.

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