Transformation Programs

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