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 organization.
Security, Data, Analytics, Automation, Flexible Work Models and ESG Define Finance Priorities
CFOs and finance leaders continue to juggle mounting demands in the emerging post-pandemic environment
“As more companies tackle transformation, finance organizations, 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 optimize key processes and business performance initiatives.
Insights
Agile is strategic: It's time for finance to scale up it's labor model
CFO risk outlook – pandemic issues in the near term, transformation and resistance to change over the long term
2020 Global Finance Trends Survey
PCAOB Issues Staff Update and Preview of 2019 Inspection Observations
Our Finance Transformation Services
Harnessing intelligent data, new technologies and digital tools Protiviti helps to transform the finance organization for the future.
Finance and Accounting Process Optimization: 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, standardize and automate accounting processes
- Develop new/enhanced service strategies
- Design comprehensive business and accounting policies
- Optimize 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 optimization
- 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 visualization
- Advanced modeling and analytics for reporting
- Improve and standardize policies and procedures
Operating Model Design & Execution: Evaluate and find the right balance of internal and external talent to align with the organizations strategy and optimize 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 organization’s readiness for change, devoting the necessary resources and aligning to desired business objectives to fully realize 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 organization
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.
How is Protiviti Transforming Finance?
Navigating Finance Transformation: The finance function is evolving faster than ever to meet the changing expectations of the organization and external reporting requirements.
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.
The continuous need to address reporting and compliance requirements
Addressing Reporting & Compliance Requirements: Leveraging new tools and technologies, finance and accounting leaders can continuously meet the challenges of new accounting and reporting requirements while meeting the data expectations of the organization.
Demands of internal and external customers are more important than ever
Meeting the Demands of Internal & External Customers: Levering new technologies and existing programs, organizations can address the increasing needs of their people and customers
Managing Director
+1.732.326.4518
