Finance Transformation

Start anywhere. Finish first!

Regulatory change, shift in market conditions and the adoption of technology is rapidly changing how organisations operate in India.

Transformation is now a necessity; the only question that remains is where we start and how do we get to the finish line.

Our integrated solutions seamlessly integrate into your organisation’s transformation journey. Working with finance leaders across the organisation, we help you understand how macro trends in India are impacting your business, and how the transformation of your people, processes and technology can prepare you to respond effectively and gain efficiencies.

We partner with you in small cross functional and efficient teams and run iterative sprints to enable incremental and rapid change delivering immediate results.

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Start anywhere. Finish first!

Our finance transformation solution offers seven connected, digitally powered offerings to help your organisation innovate. We have designed our offerings to help you tailor and accelerate your transformation, based on your people, processes and performance goals.

People

People

  • Finance Workforce of the Future
  • Finance Operating model
Process

Process

  • Process Excellence & Automation
  • Predictive Risk and Regulatory
  • ERP of the future
Performance

Performance

  • Connected Self-Service Data
  • Performance Excellence

Offerings

Build future ready team

The Finance Workforce of the Future is critical to your success. To achieve it, businesses must focus on improving digital literacy, investing in data analytics and science skills and promoting interdisciplinary teams to foster new approaches. Our Finance Workforce of the Future offering will help your organisation become digitally savvy and develop an operating model (with human and bot role structures) for sustained growth into the future.

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Structure for agility and collaboration

Our Finance Modern Workplace empowers finance organisations with the technology and structure to address the continuously evolving business environment and workforce, which is highly mobile, geographically diverse and driven by data and technology. We help you develop a one-stop, virtual collaboration hub, configured with the finance professional in mind to bring together real-time collaboration, performance insights, workflow automation and intelligent technology in a single platform to streamline the core activities of your workforce.

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Automate your processes

Automation can improve efficiency, but it can’t fix a broken process. That’s why, before we consider your automation strategy, we first use our leading practices and process capabilities to ensure your processes are sound. Then we work with you to identify the right opportunities to simplify, accelerate or re-design your processes and apply effective automation tactics for high-impact return.

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Predict enterprise risk

Our cross-system analytics solution helps reduce manual processes, quickly identifies risks and enables compliance while allowing for real-time strategic insights. With a reporting portal and the ability to workflow results, this content-rich monitoring platform supports a data-driven approach to managing business process risks and controls. By analysing the accuracy of transactional data and confirming system configurations and user access security, our solution identifies critical areas within processes and systems that can add cost and risk to a business.

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Unleash your ERP

  • Shift and upgrade the existing ERP to deliver new finance capabilities in public/private Clouds
  • Unlock hiddent value and functionality from your existing ERP

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Enable your digital core

Imagine a finance function that:

  • Produces in-the-moment financial performance insights and connects them to operational levers, rather than running reports on past periods.
  • Detects anomalies or trends embedded at a transaction level.
  • Works seamlessly with tech-savvy functional peers to uncover new sources of value across your organisation.
  • Uses tax analytics to assist company-wide decision-making while responding to regulatory change

By taking advantage of our connected, self-service data offering, you will be able to fast-track your adoption of emerging technologies to build an analytics-ready organisation.

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Drive your performance excellence agenda

The finance organisation plays a crucial role in driving value creation across the business. Our finance transformation solution will help you to map your path: from redesigning what you measure via key performance indicators, to deploying analytics for assisted insights and adopting machine-learning and AI-driven planning, modeling and performance forecasting.

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Ritu Rekha

Ritu Rekha

Leader, Finance Transformation, PwC India

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