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Financial Transformation Needed After Multiple Acquisitions
Client Overview
An international provider of safety products and services.
Deployed Capabilities
Transactions
Transformation
$22M FTE Reduction
Realized our client’s ROI objective through FTE reduction and centralization of Shared Services.
$3M Productivity Improvement
Additional productivity improvements valued at $3M reached in years 1 to 3.
3 Year Project Span
Value delivered within 3 years of applying our innovative proprietary approach.
The
Challenge
Our client had disparate systems and processes throughout the company resulting from multiple acquisitions that were not integrated. They needed integrated universal processes and toolkits, as well as a support model that would allow for long-term scalability.
The
Custom
Solution
Our M&A team deployed our transformation and change management methodologies. Our focus was on performing an assessment across the global organization that included Field Force Operations, the full Human Capital Management and Opportunity to Cash cycles. We defined business processes and functional requirements that enabled the development of a Vision, Mission, and Values statement, as well as a transformation plan, to aid in realigning the organization from top to bottom to create transparency, accountability, and consistency. We led the transformation efforts to globalize integrated processes. In addition, we used our change management methodology to create internal resources and to establish centers of excellence for change management around the world.
The
Impactful
Results
Our innovative proprietary approach, combined with our specialized industry expertise, enabled us to provide the realization of our client’s desired ROI. This included the centralization of Shared Services and an FTE reduction of $22 million over 3 years. Our transformation and change management methodologies also generated productivity improvements valued at $3 million over this time.
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