Streamlining F&A Processes in the Midst of a Pandemic
In December 2019, our client made an acquisition with a transition deadline for all finance and accounting services set for June 30th, 2020.
We needed to provide the people and technology necessary to streamline processes, strengthen the human and machine relationship and make our client’s people ready to take on the barriers 2020 had thrown up, whether that being remote working or financial impact.
Our proposition was to rapidly create and deploy a decentralized, end-to-end financing and accounting training platform. A means of best practice that would help teams in Chennai, India future-proof their operation. Achieving this meant establishing a center of excellence; creating a unique model that could rapidly deploy digital finance tools and processes to every portfolio company within our client’s organization. By onboarding people with a single Master Services Agreement (a tool kit) and then executing a schedule of work per portfolio company, it would need to work in our new normal and be completely virtual.