Monday, November 5, 2007

Finance Transformation

A Finance Transformation Plan will integrate your companies demand management, supply management and support services by facilitating leadership to a common vision, guiding principals and goals. This taxonomy incorporates corporate performance management (CPM), zero latency business intelligence, level 2 and 3 process flows, best practices and metrics by functional area and is a framework to establish business value across the SG&A.
The result of this practice enables IT to align to functional process and strategy. The multi-year journey includes rationalization of business processes, applications consolidation and appropriate sourcing of the functional process. The first step, the development of an effective and efficient business value model and an activity cost baseline.
I have a 25 year career in systems, business performance frameworks and business value modeling* which align business strategy to your personal value model. The goals of any initiative include;
Reduce costs in transaction processing
Increase efficiency in the F&A, IT, HR and Procurement process
Enhance technological leverage in F&A processes through automation
Focus on core business and F&A processes
Improve quality & time in reporting information
Reduce & manage risk
Increase focus on business metrics & profitability I currently work for The Hackett Group, which provides a taxonomy, methodology and metrics of world class SG&A processes. For a situation assessment give me a call to discuss the benefits that I can bring to your goals and initiatives today.
Each Initiative has the following focus;
Develop a tactical plan to quickly deliver improved operating efficiencies
Identify results that increase focus on value-added activities
identify projects that are self-funding, enabling operational improvement with a return on investment.