FINANCE TRANSFORMATION CONSULTING
Increasing the Value of the Finance Function
The current business environment is uncertain and ever-changing. New risks can blindside business leaders and force the organization to rethink existing business models. Disruption can come in many forms, causing financial, regulatory, and organizational strain. To increase their value to the organization, finance functions of all sizes must adapt to the changing needs of the enterprise and deliver insights instead of reports, analysis instead of processes, and opportunity instead of only compliance.
We help finance organizations maximize the use of resources, be a more effective partner with the business, and effect business decision-making driven by KPIs, performance and core metrics.
Enabling Positive Change in the Face of Disruption
Whether triggered by a major transaction (i.e., M&A, carve out, IPO, etc.), a financial restatement, escalating costs, new system implementation, or a change in leadership, CFOs know that finance transformation is critical to adapt to the changing needs of the business. MorganFranklin identifies opportunities for improvement across the people, process, data, and technology dimensions to enable positive change in the face of disruption.
Opportunities for improvement may include:
People
- Organizational Discipline
- Span of Control and Layers
- Role Clarity
Data
- Data Structure and Hierarchies
- Reporting and Analysis (KPIs)
- Data Governance/Cleansing
Process
- Ownership and Governance
- Standardization and Automation
- Close Process Acceleration
Technology
- End-to-End Solution Integration
- Evaluate System Effectiveness
- Data/Metrics Visualization
We have a team of seasoned professionals with finance and operational experience and deep expertise in a broad range of industries.
The MorganFranklin Way™
MorganFranklin Consulting partners with you to redesign your finance organizational strategy, processes, and supporting technology in ways that deliver immediate and lasting value. Finance transformation engages virtually every aspect of the organization, requiring a team with integrated capabilities and experience that spans every facet of finance operations. We create a custom solution to help you create a value-driven finance organization by providing:
Financial Triage – focused on addressing urgent tactical needs including:
- Transaction Activity/Urgent Matters
- Knowledge Capture, Stabilization, and Transfer in Critical Roles
- Assessment of Critical Gaps in Key Finance Processes
- FP&A Process Stand-up and Operation
- Interim Resources for Immediate Demands
Core Process Optimization – focused on improving core operational processes and capabilities including:
- Record to Report
- Order to Cash
- Procure to Pay
- Expansion of FP&A Effectiveness
Strategic Finance – focused on maturing the finance organization as a business partner including:
- Delivery Model and Organizational Design
- Talent Management and Retention
- Technology Enablement
- Data Governance
