A leading global refiner and distributor of petroleum products is striving to be the world’s safest downstream energy business operating today.
Transitioning from its parent company’s shared services center, the company encountered many challenges with its finance and accounting and back office processes. Particularly, the question of who would perform its hydrocarbon management accounting left finance leaders awake at night. Faced with overwhelming costs, a tight timeline, and a lack of resources, the company turned to Sutherland as an experienced business process partner that could establish necessary operations in parallel to its complex SAP implementation.
The Outcome
Rather than bring business processes in-house and recreate its finance organization from the ground up, the company enlisted Sutherland to create a highly-specialized Finance Center of Excellence (COE) to tackle its hydrocarbon accounting. This new COE enables the company to perform complex, end-to-end finance processes, and allows them to scale as they continue to evolve as a business.
“It’s a true collaboration with Sutherland,” says the company’s Director of Finance Transformation Practice. “We are one team with a common goal: growth and success. As they grow, so do we.”
Additionally, finance leaders at the company are now free to focus on more strategic initiatives to further expand their business.
Efficient project management results in optimized, agile finance processes. days from project kick-off to launch
Automation of key activities via robotic process automation (RPA) creates a more productive, cost-effective workforce. fewer full-time equivalent than parent company’s center
Legacy of delivering quality products dating back to
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Services
Business Operations, Digital CX, Business Process as a Service
Industry
Banking and Financial Services
