Organisational change is complex because of the interdependencies between the stakeholders, the organisation, its people and supporting technologies; any change in one aspect is likely to affect one or more of the others. Plus, the “softer” aspects of business change, such as changing behaviours, gaining the buy-in of staff, managing transfers into and out of organisations, and providing training at the right time, are critical to achieving the desired outcomes. So, when it comes to reorganising and making your back-office functions more effective and efficient, you have many issues to deal with simultaneously: standardising and simplifying your company’s business model and finance function, for instance; establishing an integrated governance framework; enhancing the efficiency of your finance team; and perhaps improving the way management information is reported to external stakeholders view the business. The you have your HR issues: you need to manage people development and ensure that appropriate skills are developed. And, you need to understand the value drivers which affect your business performance and align key performance indicators to your overall business strategy. So, in order to effectively run your back-office operations, you must be able to measure and manage all of your company’s assets, both tangible and intangible. And, all of your managers must be able to build a comprehensive view of your company's assets, and manage the relationships among those assets in a way that maximises shareholder value.
If this is your situation
- We need to get more value from our company's finance function?
- We want to know if our finance function truly supports our company's business operations?
- Do we have the appropriate organisation in place to address compliance requirements?
- What are the key risks faced by our company — and are we effectively managing those risks?
- We need to know if our company has fully addressed its compliance requirements?
- What can do to reduce our company's IT spending?
- We want to know how to spend less time retrieving and reporting information?
- How can we identify the right areas of information security to invest in?
- How can our company control digital identities?
- You need to align your business services with a global operating structure
- You want to integrate business-processes following a merger or acquisition
- You are seeking better management information/decision support
What PwC can do for you
At PricewaterhouseCoopers (PwC) we can help you enhance the efficiency and effectiveness of your finance back office operations, including the transactional processes—purchase-to-pay, order-to-cash, general ledger accounting, etc.—as well as the underlying infrastructure. Our skilled professionals will work with you to select, design and roll out the appropriate new organisational models by providing multidisciplinary advice that covers all relevant angles, as well as programme and change management advice. And, on the cost-reduction front, our practice-proven processes offer increased efficiency, savings of working capital, sharing of overheads, and lower-cost locations. We can also help you introduce and deploy common systems, better data structures, and accounting and reporting practices. In other words, we can freeing up your business so your employees can spend more time performing higher value added tasks.
