Digitalizing Manual Finance Processes
Company with heavily manual, system-bound finance processes
Heavily manual finance processes and outdated systems limited innovation and efficiency and raised operating costs.
The challenge
The situation
Heavily manual finance processes and reliance on outdated systems considerably limited the capacity to innovate, impaired efficiency and raised operating costs. A comprehensive digital transformation was needed to streamline operations and foster collaboration.
Our approach
What we delivered
Automation of the standard tasks that were driving the processing effort in the heavily manual finance processes.
Introduction of a cloud-based ERP system in place of the legacy systems that were limiting the capacity to innovate.
Building a collaborative working environment, so that the streamlined handling does not get stuck on separate repositories and responsibilities.
The outcome
Results & impact
70% less effort
Reduction in processing effort in the finance processes.
Three months to milestone
Central milestone reached within three months.
In summary
The finance processes are largely automated and cloud-based; processing effort has fallen markedly and collaboration is strengthened.
Related expertise
ERP Integration →
The case study centers on selecting, adapting and introducing a cloud ERP system, including replacing legacy systems and data migration.
ERP Software Implementation Support →
Describes the expert support of an ERP rollout, exactly the core approach of the case study from system evaluation to user training.
Digitalization in Life Sciences →
The case study is at its core a digital transformation of manual processes, which this expertise page reflects as an overarching theme.
IT Process Management →
Automating standard tasks and the new collaborative IT working environment correspond to building efficient IT operating processes.
Sources
- Entourage project experience (anonymised)
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