• How can we create true value for the business? 
• What is hindering delivering best in class services and enabling optimal resolution of business queries - fast? 
• How effectively are we harnessing digital solutions including data analytics to nurture profitable growth and pin pointing cost improvement opportunities? 
• To what extent does our data strategy align with the demands/ needs of the business and our teams? 
• What adaptations to our operational model are essential for agile responses to evolving demands? 
• What skills, knowledge, business acumen and capabilities are required to deliver the services to the business and how can we optimally access them? 

At Future of Finance Consulting, we offer a bespoke approach to empower your Finance and Procurement transformation ambitions . Leveraging our tools, accelerators, in-depth knowhow enables driving transformation plans which will focus on and drive out performance enhancement, data and information clarity/ transparency embedded upon strength in risk, controls and governance. 

Whether your aspirations entail redefining Finance and Procurement to assume a more strategic position, fast close, optimising expenditure and the cost base, enabling future fit service design, Future of Finance Consulting is well positioned to bring its experience, knowhow, methodologies and accelerators: 

 Finance Vision and Strategy

• Crafting out the blueprint for the role of Finance and Procurement within your organisation to support delivery of its objectives, goals and ultimately the strategy 

• Setting out how Finance and Procurement KPI’s fit into that broader business strategies and objectives framework. 

• Prepare the Vision and High-Level Target State  

Target Operating Model, Business Case and Transformation Roadmap  

• Work with you and your teams to perform a Current State Analysis highlighting key issues and pain points which need to be addressed 

• Define the Target Operating Model for Finance and Procurement  

• Bringing our expertise and experience to bear, starting with the key foundations for successful transformation, define the pace and the details of change, setting out in a transformation roadmap  

• Plan out the fundamentals of the discovery phase, build a solid Business Case then construct the transformation roadmap – this will have front of mind optimising the sequencing of solving the key business gaps/issues in order to realise true bottom line benefits.  

• Prioritisation of the roadmap will be to build in solving the immediate term issues/ suboptimal processes which are preventing a base level of service delivery 

Service Design and Definition 

• Leveraging our experience, templates and methodology, translate the Target Operating Model into a practical Service Design 

• Preparing Service Design iterations which will bring step changes and ultimately get your organisation to the desired Vision end state  

• Support you in taking the Service Design down to an operational level, preparing Service Definitions for each of the new operational sub departments  

• Ensure there is a shared vision on the purpose of departmental services delivered to customers (internal and external) and stakeholders, describing the required customer experience and service standards and provide the basis for the functional specification, organisational design and process design.  

Process Optimisation

• Building on the principles set out in the Target Operating Model and Service Design, during the discovery phase, perform detailed process decomposition to enable complete visibility of the as-is state.   

• From the as-is process analysis, our experts will work with you and your teams to design out the major pain points, driving out inefficiencies to enable streamlined and upper quartile processes which harness technology and automation. 

• When designing processes, it is not just about efficiency, we analyse and perform an internal controls health check, determining effectiveness and design strength and precision in the to-be process design.

Technology

• All to often organisations that we speak to are eager to swap out systems but unfortunately there is no magic bullet here! The technology capabilities must be driven out of the TOM/ Service Design and predicated on understanding as-is processes 

• We are experienced in the end to end Systems Delivery Lifecycle and have a tried and tested methodology.   

• We start with the discovery preparation, defining a robust set of requirements which bring the outside in and will push the boundaries  

• We can support with market testing to determine a short list of potential technology options then implementation partners 

• We can support the tendering process producing impeccable assessment criteria and then scoring matrix 

• Throughout this process we will ensure that your organisation is able to harness automation, cloud solutions, and digital enhancements to elevate your Finance and Procurement operations. 

Specialist Data Services 

• We have a tried and tested model, methodology and tools which can significantly accelerate improvements in your Data and Reporting, taking you up the maturity curve rapidly.   

• Data Structure Design - Design of your data structures and hierarchies including Chart of Accounts and Cost Centres to enable you deliver your reporting items.   

• Data Cleansing, Improvements through to Migration - intelligent data migration services from cleansing through to preparation and the loading of templates. We have our tested solutions to validate the data prior to loading via templates which is a unique accelerator. 

Specialist Reporting Services 

• Data Lake Services - our data modelling methodologies and tools allow you to deliver comprehensive and well structured data lakes that provide a solid foundation for finance and business reporting and analytics combining data from various sources.  

• BI and front-end reporting delivery - we can accelerate the delivery of effective reporting for all Finance processes utilising our expertise in designing and building reports and dashboards using tools like PowerBI and Tableau.

At Future of Finance Consulting, we are committed to shepherding your transformation journey to deliver sustained value and impactful results.