Transformation Programs
Process measurement & control
01
Roll out static Level 1-3 process taxonomy
Develop a foundational layer to capture static data which can aid implementation of a workflow solution, or a time capture tool
02
Implement time tracking tool
Develop a self-assessment platform, or an integrated workflow to map processes to underlying tasks, in order to measure completion time, errors and remedial actions
03
Develop FACTSHEETS
Set up reporting and governance mechanism to monitor performance against SLA leveraging actual data on performance with root cause analysis on errors and remdial actions
04
Launch E2E effectiveness metrics
Roll out End to End process measurement metrics across Record to Report (R2R), Procure to Pay (P2P) processes in Finance
05
Operational review governance cadence
Roll out Operational review and governance mechanism with shared services clients across People, Process, Performance and Operational risk components
Transformation Programs
Outsouring and shared services
06
Industry benchmarking and Location strategy
Comprehensive analysis and report out of location strategy with industry benchmarking across low cost sites in Americas, Europe and Asia
07
Framing business case and CBA
Develop transformation roadmap and approach paper to obtain investment approval to launch a multi-year change program
08
Roll out Standard Prodcut suite
Roll out shared services offering proposition for Record to Report (R2R) and Procure to Pay (P2P) processes to enable comparison of utilization of shared services across markets and regions within an organization
09
Build, implement transition toolkit
Set up and roll out process migration methodology from solution identification to post go-live mointoring
10
Talent identification and recruitment
Engage with recruiters, develop Job descriptions, conduct talent assessment and build recruitment pipeline in partnership with HR function
Transformation Programs
Cloud based reporting infrastructure
11
Designing Finance Datamart Strategy
Develop approach paper and roadmap to build a comprehensive Finance Datamart for Internal and External reporting, housed in a Cloud environment, including strategy approach to determine sequence of roll out, MVP’s, tool selection for remediation and enrichment of source data
12
Data squad mix and recruitment
Determine tribe composition and partner with D&A team to recruit tribe (Business Analysts, Data engineers, Developers, Data governance experts, Scrum masters, Product Owners)
13
Roll out Standard Delivery Units
Build tracking mechanism and model to determine effort needed to develop Finance Datamart based on each building block to the project involving Data lineage, Datamart architecture, Source table design, Remediation rule development and Report construction
14
Tool selection for self-service reporting
Work with Cloud service provider to identify suitable self-service reporting and visualization tool hosted on native Cloud environment
15
Roll out agile delivery sprints and MVPs
Set up cadence to build micro level sprint plans that is managed in an agile format for fortnightly release of sprint goals
Transformation Programs
Bespoke automation
16
Automation of payments process
Present and deliver technology solution for automation of Payments activities through a suite of tools including Optical Character Recognition (OCR), Business Process Management (BPM) and Robotics Process Automation (RPA)
17
Automation of procurement process
Present and deliver technology solution for automation of Procurement activities including vendor assessment, contract negotiation, procurement sign off and deal tracking
18
Cost allocation methodology & implementation
Partner with clients to determine cost allocation engine to enable roll out of profitability metrics by business, product, segment and customer – hosted on a Cloud environment, sourced from a Datalaken
19
Automation and reporting of Cloud costs
Work with Cloud service provider to develop/customize Cloud usage billing reporting and tracking capability to enable real time monitoring and optimization of Cloud usage for Data movement, storage and compute activities
20
Automation of remediation rules
Work with Cloud service provider to roll out a remediation tool to enable data mapping, cleansing and allocation to enable accurate internal and/or external reporting
Transformation Programs
People & culture development
21
Learning & development catelogue
Build a comprehensive learning catelogue for Finance to enable ingestion of a variety of Future of Finance skills including Data visualization, analysis, story telling, design thinking, python, nlg etc
22
Roll out gamification programs
Create a sandbox and simulation environemnt to develop technical and business accumn skills
23
Roll out citizen developer culture
Proliferate technical competence in the function by rolling out o certification program that encourages process efficiency and automation to be driven from within the function
24
Set up physical innovation labs
Design and build a physical space to foster innovation and collaboration within the function – enabled by state of the art technology, and a suite of vendor partnerships to conduct speaker sessions, experiments and gamification
25
Roll out of entreprenurial Shark tank programs
Build competitive spirit in the function by targetting a section of the function w/ maximum concentration of spans, by assigning process improvement challenges, with access to seed funding