Optimisation & Transformation
In any organisation, the finance function should be routinely evaluated, with action toward continual improvement. In some cases, companies may not follow defined finance model, leading to disjointed processes and inefficiencies. In other cases, organisations have a defined process in place, but it may be outdated causing missed opportunities to advance and remain competitive in the market.
In either case, it may be time for you to have a second look at your finance function from an objective and actionable perspective. Intellix Solutions can help your organisation enhance your operating model to maximize efficiency and leverage technologies to enable effective business insight and performance.
Finance operating model design
We define an overall strategy that is aligned with your corporate goals, and then assess and enhance multiple key elements holistically to improve control, efficiency, and repeatability:
- Process: Tasks and activities design and performance with clear ownership in order to execute aligned objectives with efficiency and effectiveness
- Organisation: Alignment of personnel with specific roles and responsibilities that is responsive to change and makes use of formal programmes
- Data: Standardise, govern and normalise data to balance system capabilities with business reporting and analytical requirements
- Technology: Integrate transactional, reporting and analytical systems to drive automation across key business processes
- Controls: Preventive and detective controls at appropriate levels of risk that balances quality and cost specific to the organisation’s operating environment
- Performance management: Key performance metrics that align to strategic goals and drive operational efficiency and improvements
Finance operating model transformation
Our team support the transformation of your finance function with our proven approach:
- Discover: Detailed review of where you are currently, how things are done in your organisation, and determine what is or isn’t working well
- Analyse: Compared with best practices, identify where you’re at, what the achievable state is, and how to close the gap toward that state
- Design: Actionable steps for how your processes will work, and in consideration of operating environment, data and system architecture
- Prioritise: Emphasis on domains that can produce achievable, rapid, measurable results
- Implement: With the approved strategy and detailed programme plan, begin the transformation process toward desired state
Instead of a generic strategy, we customise according to your unique challenges and requirements, to transform your finance model in the most beneficial way forward.
The result is a comprehensive and coherent finance model that integrates your unique needs and positions your company for continued success.