top of page

Finance Modernization

As the pace of digital business increases, CFO’s and Finance teams will face continued pressure to modernize Finance, reduce close and planning cycles, improve alignment with operations, and make more informed, faster business decisions. The modernized Finance function will enhance enterprise resilience, make the business more agile, and position finance as a strategic leader to its stakeholders. The Finance Function will need to transform from producing traditional transactions and reports to delivering more
efficient, analytical and data-driven processes and insights to the business.

What is Finance Modernization?

Modernization in finance refers to the process of updating and improving financial systems, processes, and technologies to increase efficiency, enhance security, and better meet the needs of today's business environment and customer expectations. This transformation often involves the adoption of new digital technologies, changes in organizational structures, and the implementation of innovative practices.

We help Finance teams address the pressures of the digital marketplace and the mandates from the C-Suite. We help:

  • Reduce close and planning cycles

  • Reduce complexity

  • Achieve quicker flexible analysis and reporting’

  • Increase visibility and transparency of key information to make faster business decisions

  • Implement best practices to gain operational efficiencies and reduce cost

  • Improve alignment with Operations

  • Reduce cost of finance technology

  • Improve use of technology and deal witholder finance systems

Website pic FM1.jpg
Screenshot.png

We Have Assisted Clients Modernize​

Requestion to Check Process

Order to Cash Process

Record to Report

Corporate Performance Management

Financial Planning Management

Financial Planning & Analysis

Financial Close & Consolidation

Finance Technology

 

Our Services

Operational Diagnostics and Assessments

 

Technology Assessments and Evaluations

Operations & Process Optimization 

Best Practices Implementation 

Change Management

Finance Transformation

Corporate Performance Management

Data Processing

Signature Finance Modernization Services

Finance Data Modernization

Data is a strategic differentiator. Turn your data supply chain into a strategic asset. Overcome finance data quality challenges. Move from routine data maintenance and reconciliation to become stewards of your finance data. Establish a data
centric process for insightful analytics that drives sound decision-making.

Next-Gen Financial Planning and Analysis

Benchmark your Financial Planning & Analysis function and understand where you are against the marketplace. Gain the insights to optimize your FP&A function. Build a plan to transform to a market leading position. Enhance FP&A's value and be an integral partner with the business. 

Corporate Performance
Management

Transform your CPM processes to world class. Break away from the limitations of spreadsheets,
fragmented legacy applications, and complex manual laden processes and modernize.

 

Our Finance Modernization Practice can help you evolve or transform your finance function to meet the demands of today’s business environment. Our experts will help optimize finance processes to be effective and efficient, get the most out of your financial systems, and harmonize finance data to generate the right information for agile execution and fact-based decision making. We work with you to address the challenges facing your finance team.

Experience Based

website pic FM4 (2)_edited.png

Solutions Focused

Website pic FM5_edited.png

Results Driven

Website pic FM6_edited.png

Finance modernization for the CFO involves transforming the finance function to make
it data-driven and digital-first. The goal is to create a more automated and optimized
finance function that can deliver faster, more strategic value to the business. When set
up properly, finance modernization can help organizations maximize their investments
while limiting their risk exposure, resulting in better-managed growth.

Modernize | Simplify | Reduce Cost | Superior Analytics

ArcTrust Quote.png
To learn more, contact us:
bottom of page