As any CFO who has undertaken finance transformation knows, it is difficult and time-consuming. It requires careful planning and resources, and can be costly, especially without proper planning. But finance transformation is also critical if finance is to keep up with the changing needs and strategies of the business. Deloitte helps finance leaders address the most critical priorities in enabling the finance function to support and create value for the business — from establishing finance as a trusted partner to the business to developing a high-performance operating model, improving core processes, and managing ongoing performance.
Our Finance Transformation offerings
Not only does finance transformation engage virtually every aspect of the finance organization and the business itself—it requires integrated capabilities, ranging from technical to strategic. Our Finance Transformation services address critical issues facing finance across major industry sectors, including vision and strategy, organization and talent, business processes, and technology. Each offering is composed of select finance transformation services configured to provide more value to our clients.
When the stakes are high, incremental change may not be enough. It may be time for a change in direction. Whether you’re navigating regulatory changes, managing through a crisis, going public, or experiencing some other major shift, we help put in place finance strategies that are built with business results in mind.
Our offerings include:
- Finance strategy
- Capital management
- IPO (Day 1) readiness
- Events and turnarounds
For more information regarding Finance Strategy please find our solution page here.
In the face of a merger or acquisition, will the finance organization move to a joint function or will it divest functions? We have deep experience with both and work with you to choose the desired path for your organization to keep risk and costs in check.
For more information regarding M&A Finance please find our solution page here.
The finance organization is only as strong as its foundation. That’s why we’ve built a practice that excels in its focus on core operational processes such as order-to-cash, procure-to-pay, and more—foundational elements for enabling top-line business strategies.
Our offerings include:
- Order to cash
- Procure to pay
- Fixed assets
- Close, consolidate, and report
- Shared services design and implementation
- Outsourcing design and implementation
For more information regarding Operational Finance please find our solution page here.
Performance management. Planning, budgeting, and forecasting. Cost and profitability management. Capabilities in these areas can serve as a catalyst to the finance organization—but they can just as easily keep it stuck in the same old ruts if not managed properly. Clients tap our business finance offerings to realize specific business objectives through these areas and more.
Our offerings include:
- Principles of performance management
- Planning, budgeting, and forecasting
- Cost and profitability management
- Management reporting and analysis
- Business partnering
For more information regarding Business Finance please find our solution page here.
Service Delivery Model Design
Form follows function — the way your finance organization is structured should directly reflect and support its role in the business. Many finance organizations across various industries are being asked to provide more insights and proactive decision support while reducing costs. The order of the day seems to be do more with less, leading many finance leaders to seek new operating models to tackle the dynamic marketplace.
Deloitte’ Finance Operating Model offering focuses on developing a more effective and efficient model for finance operations. Our services encompass:
- Operating Model Design
- Shared Services Design & Implementation
- Outsourcing Design & Implementation
- Organization Design
For more information regarding Service Delivery Model Design please find our solution page here.
Hard solid numbers are key
The global retail environment is a complex ecosystem of changing economic conditions and customer preferences. The finance function should be able to provide much needed strategic and operational insights to refine the investments in digital solutions and adjust the Order to Cash process to the developing customer needs.
Integrated Reporting is making a great impact. In a relatively short timeframe it has significantly changed the corporate reporting landscape. And because Integrated Reporting requires companies and their stakeholders to get a better insight into value creation, its impact is not just limited to the reporting landscape.