Finance Transformation
Finance Transformation
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Change the Way Finance Works
Finance Transformation
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The role of finance executives is dynamic, constantly evolving to keep pace with the changing demands of internal and external customers and technology. Protiviti helps finance leaders address their current challenges and explore opportunities for continuous growth, delivering innovative solutions and supporting finance as a forward-thinking, strategic partner to the business. At the core of our methodology is aligning people, process and technology to drive efficiency and productivity, enabling change and creating value for the entire organisation.
“As more companies tackle transformation, finance organisations, as scorekeepers, need to make sure they stay ahead of the change curve. “
– Ken Thomas, Managing Director, Protiviti
KEY PARTNERS:
Through our alliance partnerships we connect innovative services and technology with consulting expertise to optimise key processes and business performance initiatives.
Insights
Topping TMT Finance Leaders’ Agenda: Security, Analytics and Customer Service Infographic
Today’s Finance Priorities: 2019 Global Finance Trends Survey
2019 Finance Trends Survey
Skills and Scale: Why Emerging Companies Must Innovate How They Resource Back-Office Functions
Our Finance Transformation Services
Harnessing intelligent data, new technologies and digital tools Protiviti helps to transform the finance organisation for the future.
Finance and Accounting Process Optimisation: Help design, deliver and manage processes that enable scalable growth, transforming the workforce from transactional to advisory, and better integrate with other business functions.
- Mature, standardise and automate accounting processes
- Develop new/enhanced service strategies
- Design comprehensive business and accounting policies
- Optimise the use of technology
Finance Reporting, Remediation & Compliance: Address changes, risks and the strain due to changing regulations, increased scrutiny of company financials, complex, nonrecurring business transactions, and a shortage of experienced finance and accounting professionals.
- New accounting standard diagnostic assessments
- Reconciliation and restatement solutions
- Accounting & financial reporting advisory (i.e. lease accounting, CECL)
- US GAAP, IFRS & SEC accounting assistance
Finance Technology: Align finance priorities and technology with business priorities and growth plans, to help finance leaders become valued partners and advisors who help the company thrive, remain competitive and profitable.
- Future state design and optimisation
- Data classification, protection and governance
- Project implementation strategy and roadmap
- Technology enablement
Cost and Performance Management: Develop innovative approaches to sustainable cost control that provide data, insights, and capabilities required to make intelligent business decisions and drive performance and growth while managing risks.
- Budgeting, planning and forecasting
- Data management and strategy, and visualisation
- Advanced modeling and analytics for reporting
- Improve and standardise policies and procedures
Operating Model Design & Execution: Evaluate and find the right balance of internal and external talent to align with the organisations strategy and optimise resources.
- Deliver improvements through our managed services model
- Adopt Shared Services models to drive efficiencies with the right talent and controls
- Navigate the complexities of outsourcing arrangements
Merger Integration and Transaction Support: Address merger integration challenges such as understanding the organisation’s readiness for change, devoting the necessary resources and aligning to desired business objectives to fully realise the synergies of an integration.
- “Standing up” the finance Integration Management Office (IMO)
- Implement the integration governance structure
- Implement the new finance operating model for the combined organisation
Client Stories
2019 Global Finance Trends Survey
Our recently released 2019 Finance Trends Survey Report shows that CFOs and finance executives are focused as much on strategic matters as operational issues. As new threats and opportunities appear, organisations count on their CFOs and finance teams to drive behavioral changes.
Lease Accounting: Lessons Learned & Internal Controls Implications
This webinar will share lessons learned from adopters-to-date and highlight how companies that follow a complete and thoughtful roadmap can successfully execute the transition to the new accounting standard.
