Finance diagnostics

Solutions

Finance diagnostics

For a high performing finance department

The demands on finance departments are constantly increasing. As a result, finance departments are seeking to shift their focus from core accounting to more value-adding activities, including business partnerships that cover analytical and insight-oriented aspects.

Our finance diagnostic program focuses on reducing bottlenecks and inefficiencies in your finance department’s day-to-day activities and helps you implement pragmatic solutions.

Optimizing operations to elevate finance to a more strategic level

Until now, the finance department’s core role was to report on financial positions and operations to internal and external stakeholders while balancing capabilities, talent and costs. As a result, the finance department is often just a steward and operator.

We can help you enhance the power and performance of your financial execution by enabling your finance function to become a catalyst and strategic asset without neglecting its core mission.



Click on the image below to enlarge it

Key principles for success

We know what it takes for you to succeed. Our finance process optimization services are guided by our well-defined and proven principles detailed below:

Collaborative: our approach seeks to involve process owners, as well as key stakeholders of finance-produced information, and is positioned as an exercise designed to alleviate the burden on finance staff executing core processes.

External perspectives: the project approach and our collaborative working style inject external perspectives into the exercise, leveraging leading practices to provide direction and ease the transition to new processes.

Experience-based: by using practitioners with “been there, done that” experience across all finance processes, the project team is positioned to produce clear, accurate, and easily-consumable deliverables.

Time-boxed: our focused approach and accelerators enable our team to capture sufficient—but not excessive—granularity, to avoid disrupting your team’s daily activities and to execute within our agreed-upon timeframe.

Please click an organization’s different business paths to discover which aspects we can help you improve, and which value drivers and enablers are linked to them.

Business
reality

Capture
data

Ongoing
transactions

Closing
process

Consolidation

Reporting

Business reality

Aspects we can improve:

Value drivers to improve them:

Enablers:

Review of:

  1. The environment
  2. Process
  3. Information for decision making

Governance controls and regulations:

Review of:

  • Sustained compliance
  • Stakeholder management
  • Governance
  • Monitoring and assurance

Policy and processes:

  • Integration of end-to-end process
  • Standardization management
  • Governance

Contact us if your finance department is stuck with repetitive and low-value activities and you want to make it a strategic partner with strong added value for your company!

Contacts

Luc Brucher

Luc Brucher

Partner | Public Sector & Healthcare Leader

Luc has over 20 years of experience in audit and advisory services mainly in the commercial, industrial and public sector. Luc is part of the Deloitte’s multidisciplinary service line dedicated to com... More

Justin Griffiths

Justin Griffiths

Partner | Assurance Leader

Justin has 18 years’ audit experience in the investment management industry. He has worked for Deloitte in South Africa, in the U.S.A and, for the past 15 years, in Luxembourg. He is a Réviseur d’Entr... More

Bettina Werner

Bettina Werner

Director | Assurance

Bettina is a director within our Assurance Services team and has over 13 years of experience working on audit and assurance projects within three Deloitte offices. Her areas of expertise are accountin... More

Insert CSS fragment. Do not delete! This box/component contains code needed on this page. This message will not be visible when page is activated.