What happened next
The process began by determining the main challenges and applying tested solutions: improve processes, manage the data, and use a cloud-based platform to drive reporting and inform better business decision making. We helped the client think through these root-level challenges, create business cases for each solution, and designed an implementation roadmap. The result? A strategic, multi-year plan to roll out a cloud-based data solution that gave finance the capabilities to access, manage, and analyze their data—and to realize untapped business value that had been hiding in the numbers.
The demand for change came from finance, but also from other parts of the business that faced challenges with the firm’s legacy systems. Because the change had support from all levels of the business, communicating desired outcomes throughout the enterprise was easy. Our implementation team included talent with strong experience in finance, strategy and analytics, and actuarial science and technology.