Transforming a finance operation
The benefits that are available for an organisation through simplifying, organising, automating and re-imagining its finance operation can be enormous. More than simply removing cost, the benefits can span all aspects of the business from improving customer experiences to improving cash collection, reporting and forecasting, enabling further opportunity for strategic investment and growth.
Exco Partners are experts in transforming finance operations. We have a refined and structured Service Design based approach to re-engineering and imagining all aspects of finance processs including Order-to-cash, Produce-to-pay, Record-to-report and more. This approach is important as it is at this stage when true innovation and transformational decision making happens. We have seen too often that simply replacing the technology and systems will simply result in the as-is being rebuilt. Addressing this, we have spent considerable time establishing a strong practice for the people and process design phase of transformational change.
Our team have a depth of experience across finance operating models and organisational model design with a robust methodology for managing organisational change covering aspects of building awareness and advocacy to uplifting capability and embedding new ways of working.
We are also skilled in the leadership, management and delivery of the technology implementation, often a significant component of a finance transformation.
As an example of our work, we are leading a major financial transformation with the Nine Entertainment media group. The transformation will deliver benefits across all operational aspects of financial management within the organization and will deliver transformative change across people, process and technology for the whole group which combines Channel 9 TV Broadcast, Fairfax Print and Digital, Domain, Stan and Macquarie Radio.