1. | Automate transactional processes to cut time by 50%. |
2. | Allocate more time for strategic decision making and management reviews. |
3. | Prioritize risk management and scenario planning. |
4. | Reduce the need for excessive reviews in data management. |
5. | Streamline sub group consolidation processes. |
6. | Simplify labor-intensive segment reporting. |
7. | Enhance visibility of currency handling at all levels. |
8. | Develop on-demand process repeatability for better control. |
1. | Global Employees: 1,500+ |
2. | Global Revenue: US$600m+ |
3. | Country: Asia and Indochina |
4. | Diversified Investment Holding Company for Power, Metal and Property |
1. | Consolidation with Notes to Account |
2. | Analytics and Reporting |
1. | Leverage investments in existing multiple vendor accounting systems |
2. | Leverage existing processes to save time and reduce time on change management |
3. | Accelerate timely consolidation with notes across 40+ entities |
4. | Free time for review and planning of new accounting rule disclosure changes |
5. | Substantially reduce time for process |
6. | Improve segregation of duty and controls in processes |
7. | Free time for more detailed currency exposure and impact analysis |
8. | Web based and zero footprint |
9. | Ability to ensure latest forms always used for submission |
10. | Ability to change process with no coding including templates |
11. | Ability to respond quickly to change management reporting |
1. | Process time reduced by 80% |
2. | Now have real time projections with segment reporting |
3. | Low learning curve by leveraging the good things in existing process |
4. | Domain leverage by end users for iterative improvement |
5. | Currency management automatic |
6. | Auto mapping between local and consolidated chart of accounts by segment |
7. | Easier maintainability of % shareholding, non-controlling interest hierarchy |
8. | Scalable elimination mapping at group, sub group and detailed level |
9. | Leverage of existing Excel templates to reduce deployment time with added controls |
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