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Finance Process Improvement
Evolution to higher performance


Does your company's finance cost exceed 1.5% of revenue?
Is your payables processing efficiency below 6,000 invoices per person per year?

Do you allocate 80% of your cash receipts manually?
With the Finance Process Improvement service offering, Deloitte assists companies to improve their financial processes, achieving increased productivity and reduced costs, and enabling more focus on value-added activities. We have a scalable approach, whether a company is looking for a quick, targeted diagnosis or an in-depth analysis.

We help clients assess the current state of their finance processes and systems through benchmarking and best practice comparison.

Secondly, we identify clear process and system improvements and evaluate them through a cost-benefit analysis.

Thirdly, we prioritise and implement the improvements with the client’s team and monitor the realisation of benefits carefully.

Your benefits:
 Develop understanding of current performance levels
 Obtain best practices for each process
 Target quick hit opportunities
 Prioritise remaining opportunities for improving processes
 Justify expenditures for new technologies
 Strengthen organisational focus on performance issues
 Better input/output ratio of the finance process
 More reliable 'industrialised' finance processes

Contact us for more information about this topic.
 
 
 
     

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