Alternate Service Delivery

View this page in: Français

Driving efficiency and effectiveness in financial processes

The last decade in Canada was marked by the difficulties in coping with large-scale information systems implementations, ongoing globalization, emergence of distributed operational models for finance, radical changes in regulatory requirements, cutbacks, and the impact from the financial crisis. As we step into this new decade, speed and reliability of business processes and financial information are more critical than ever for decision makers.

Leading organizations are constantly pushing the limits and delivering increased value through a more efficient, effective and agile finance function. Most organizations are now either completely remodelling their finance operations or constantly launching improvement projects.

Driving efficiency and effectiveness in finance operations can be done by addressing all aspects of the function: redesigning business processes (from the operations up to finance) to better leverage existing systems and adopt new technologies; revamping the organizational structure; developing new competencies; right-sizing the finance department; rethinking the service delivery models; implementing performance measures; and instilling continuous improvement.

How PwC can help

Our Finance practice has a great deal of experience working with organizations to improve their finance functions. Our team is comprised of people who have real-world experience, and knowledge and independence that can help develop solutions for your business that are both practical and implementable.

We have experience in every financial process in public and private sectors, including:

  • Close, consolidation and external reporting
  • Purchase to pay
  • Order to cash
  • Inventory management and accounting
  • Payroll
  • Travel and expense reports
  • Fixed assets accounting
  • Project accounting and capital projects management
  • Treasury and cash management
  • Tax accounting and compliance

We can assist you in simple or more complex projects, such as the following: