Services
ERP IMPLMENTATION & RE-IMPLEMENTATION
We have experience implementing ERP systems and re-implementing ones that have either strayed off track or which weren’t implemented correctly in the first place.
Implementing an ERP is a substantial investment for your company and requires significant investment and internal effort to make sure you get the return on your investment. It’s critical to ensure the project is well-resourced, well-governed and that typical pitfalls are avoided. We can help you through this process to help ensure you achieve a smooth implementation, with minimal disruption to business as usual activities, and ensure you realise the benefits your business case set out.
PLANNING ANALYTICS (IBM) – SYSTEM DESIGN & IMPLEMENTATION
We have expertise developing forecasting and reporting models using IBM’s Planning Analytics software (aka TM1 / Cognos). Our financial expertise and on-the-ground experience, allows us to work more effectively with you, so we can quickly outline solutions that fit with your business and are practical to operate whether at group /corporate level or on the ground with your finance and planning teams. We have developed, P&L, balance sheet and cash-flow models that take the process waste out of forecasting and reporting, ensure forecast ownership and buy-in with operational stakeholders and free up your finance team’s time to ensure they spend less time on data preparation and focus more on delivering valuable insights to drive business performance.
PLANNING ANALYTICS (IBM) – ADMIN SUPPORT – OUTSOURCED SOLUTIONS
We can help ensure the on-going operation of your planning analytics models is cost effective. Depending on the complexity of your Planning Analytics implementation it may not be necessary for you to employ a full-time dedicated resource. Nevertheless, you may still want to know that you have expert dedicated support on hand.
We can fill that gap to provide part-time support as an outsource partner, whether on a fixed periodic basis (e.g. fixed number of days per week/month), or via ad hoc drawdown from an agreed number of hours.
FINANCIAL CONSOLIDATION SYSTEM IMPLEMENTATION
We have experience managing, operating and implementing financial consolidation and reporting systems. When it comes to your project, we can help with the process end-to-end, not just on the technical side, but also in the project and change management elements of the implementation. We can help ensure clear governance processes are put in place during the project implementation process and support with stakeholder consultation and management. On the technical side, we can provide technical system expertise and also on the data management side. We can help with drafting new chart of accounts, data cleansing and reconciliation, systems testing and putting new reporting packs in place.
MASTER DATA CLEANSING AND DATA ENRICHMENT SUPPORT
We can support with data cleansing and enrichment activities, as part of an ERP implementation, ERP re-implementation or simply as part of a master data clean-up exercise. We are used to handling large master data and transactional data sets, and have database tools to manage and analyse your data. Our financial expertise also means we have a rigorous mind-set around data checking cleansing, cross-checking and reconciliation, meaning you can have confidence in our abilities with data.
LOCAL REPORTING, FORECASTING AND MONTH END CLOSE PROCESS OPTIMISATION
We know your operational teams, whilst capable, don’t always have the additional bandwidth to do this in a timely manner. This can mean sub-optimal processes remain place for an extended time or don’t get addressed at all, impacting on the performance of your teams and the insights available to you and your sites to run their business.
Month End
Ensuring your month end process is completed on time, is critical for many reasons. When your teams have inefficient or wasteful processes it means your staff can be stressed out, impacting work-life balance and retention. It also gives your senior finance staff less time to digest and interpret the result, which in turn impacts how quickly senior leaders are able to understand how operations went that month and in the worst case can leave them with little understanding at all.
We can help by looking at the organisation of local processes, simplifying and automating journals, automating report decks and helping with the automation of data load files to group consolidation systems.
Reporting and Forecasting
We also have strong financial modelling expertise and have experience in building insightful and information rich content, which is easily and quickly updated daily by even the most junior of your team members. We also have expertise in setting up complex financial forecasting models and analysis tools, but with sustainable management in mind. This can include detailed fully integrated financial models, with schedules to be owned and operated by cost centre managers or planning teams, or simple high level “in-month” trading update tools. We can also help with the organisation and definition of the forecasting process to ensure that ownership by operational teams is maintained.