Global Financial Services Outsourcer: RTR Transformation
Full life cycle transformation of RTR function as part of the finance transformation programme including; locations, skills and sizing of the finance team, digital technology implementations and improvements and creating policies and procedures
Benefits
- Automate; tracking of month end close by leveraging BlackLine Task Manager to document sequencing, timelines and responsibilities of month end tasks
- Automate; workflows of reconciliations by deploying Blackline Account Reconciliation module
- Accelerate; close by enhancing policies and introducing de minimis journal limits
- Accelerate; transition to captive SSC by deploying BlackLine quickly and initially using as a repositary
- Elevate; employee experience by implementing new cloud ERP (Workday)
- Elevate; control environment by deploying digital tools
Project scope and digital technologies leveraged
- Project approach; As Is and To Be process mapping, Operating model design, Sizing and recruitment of onshore and offshore SSC captive teams, optimise technologies to enable successful transition
- Project locations; UK, India, USA, Netherlands
- Volumes; 4 countries, 3 ERPs
- Technology enablers; Blackline, Workday, Unit 4 Agresso, SAP Concur, Proactis
- BlackLine Modules deployed; Account Reconciliations, Task Manager, Reporting
Key systems leveraged
