Transformation Plans
Comprehensive plans that focus on identifying the "best-in-class" performance gap and developing the roadmap to high performance through process reengineering, organizational alignment and technology enablement.
Overview
Finance organizations frequently have process-specific challenges that cause an immediate problem. Maybe it's a long close cycle or a highly manual accounts payable process. Our Transformation Plans focus on the immediate issue by clearly defining the current state relative to best-in-class companies, creating a portfolio of improvement initiatives including "quick wins", and developing a roadmap to close the gap to high performance.
Our Transformation Plans cover the core processes that enable our clients to effectively deliver finance services across the organization:
- Procure-to-Pay
- Revenue Management
(Quote-to-Cash) - Record to Report
- Corporate Performance Management
- Treasury Management
Key Deliverables
- Process-specific benchmark analysis
- Current state analysis with performance gaps based on benchmark data
- Portfolio of Improvement Initiatives
- High-level roadmap with timing and key dependencies of initiatives
- Record-to-Report can include a revised close and reporting schedule
Our Transformation Plans can stand alone or be used in conjunction with an ERP implementation or upgrade. They create the platform for further transformation including the development of operational blueprints that include detailed process flows, process narratives and training material.
Contact our Finance Transformation practice to discuss how CSC can assist in your journey to high performance.