THYOR

Office of the CFO

Finance Transformation

A practical redesign of reporting, planning, systems, controls and team structure without losing control of the close.

When this helps

Recognisable situations.

  1. 01

    Reporting is slow and contested

    Management spends meetings debating numbers rather than decisions.

  2. 02

    Acquisitions created several finance processes

    Entities, systems and definitions no longer reconcile.

  3. 03

    Spreadsheet dependence has become operational risk

    Critical reporting rests on manual files and individual knowledge.

  4. 04

    The team structure no longer fits

    Roles reflect history rather than the information and control needs of the business.

Scope

The service is configured to the facts and decision.

Operating model

  • Finance organisation design
  • Decision rights and service catalogue
  • Close and reporting calendar
  • Control ownership

Information

  • Chart of accounts and reporting definitions
  • Management reporting architecture
  • KPI governance
  • Data and master-data priorities

Systems and delivery

  • ERP and planning requirements
  • Implementation governance
  • Process documentation
  • Change and handover

Engagement path

Five stages, one accountable thread.

  1. 01

    Define the decision

    Clarify the decision, constraints, stakeholders and evidence required.

  2. 02

    Build the fact base

    Reconcile the financial, tax, operational and contractual information that drives the issue.

  3. 03

    Develop options

    Model viable paths, explicit trade-offs and downside cases.

  4. 04

    Execute the work

    Produce the agreed analysis, operating cadence and decision materials with senior ownership.

  5. 05

    Embed and hand over

    Document the method, train the responsible team and retain an escalation path where needed.

Typical deliverables

Defined before work begins.

  • Current-state diagnostic
  • Target operating model
  • Reporting blueprint
  • Systems requirements
  • Implementation roadmap
  • Control and process documentation

Questions

Common engagement questions.

Is this an ERP implementation service?

No. Technology is one component; the transformation begins with decisions, information and operating design.

Can the close continue during the work?

Yes. Sequencing is designed to improve the function while preserving essential reporting and control.

Next step

Discuss finance transformation.

Share the situation, timing and decision. A senior adviser will respond directly and confidentially.

Discuss a Situation