Organizations today are operating in a fundamentally changed environment due to regulatory and competitive changes. There are ever-mounting pressures from financial markets, regulatory agencies, boards of directors and senior management to provide data faster and more accurately, cut costs, drive profitability and make financial reports more transparent.
Grant Thornton’ operational improvement services can help your company to improve the value of its accounting and finance functions by shifting the focus from tactical to strategic. The methodology used by Grant Thornton addresses people, processes and technology and focuses on reducing days to close, increasing budgeting and forecasting effectiveness, and reducing costs. With Grant Thornton’s assistance, your organization can move to improved practices, enhancing its value to internal and external customers.
Our services focus on:
- Finance function improvement - Improve your accounting and finance functions by transforming the finance organization into a business partner.
- Business process re-engineering (BPR) - We can analyze your current processes, identify weaknesses and develop appropriate solutions for planning, budgeting and forecasting.
- Sourcing & procurement - Our systematic process focuses on reducing the total cost of externally purchased materials, goods and services while maintaining or improving service levels.
- Change management - We evaluate operations and recommend changes to improve operating performance.
- Working capital management - We analyze cash flow and develop recommendations for enhancing liquidity.
- Revenue enhancement - Identify ways to increase revenue, both short-term methods that can be rolled out quickly, as well as long-term programs.
- Portfolio profit improvement - Achieve full profit potential by undergoing analysis and quantification to identify where profit growth can be attained.
