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Financial Management
Trianz Works Closely with CFO Organizations to Improve Finance Management Capabilities and Realize the Corporate Finance Vision Trianz works with organizations to develop solutions that maximize the impact of the finance organization. From strategy formulation through operational execution, a finance organization can play a leading cross-enterprise role, driving the improvement of financial performance with greater fiduciary integrity and control.
Finance transformation begins with recognizing the role that today's finance organizations must play in the definition, execution, and measurement of business strategy, plus its contribution to the creation of shareholder value. Finance organizations of the future must understand their role as true business partners. Finance organization transformation, leveraging this approach, creates a new business partner support model through redistributing workload and increasing efficiencies.
Through properly aligned and flexible finance organization models, business growth can be managed and the vision of being a true business partner can become a reality. Trianz partners with many finance organizations to execute specific business initiatives, supporting growth and scale.
Challenges for the finance organizations across the globe are the following:
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Scrutiny Driving Transparency. Increasing regulatory scrutiny and demands for greater transparency due to the uncertain and tumultuous global economic conditions and compliance are becoming integral parts of the CFO function. |
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Control Costs, Deliver Value. The additional pressures of controlling costs while delivering value to shareholders and effectively meeting immediate challenges has emerged as a significant task for CFOs. |
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Be Competitive and Stay Profitable. It is important to provide adequate business insights and pricing analytics to business partners to stay competitive in the market place without compromising profitability. |
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Integrate Policies and Processes Post Mergers. A strong need for the integration of financial policies and processes after a merger or acquisition places an additional strain on the financial operations of an organization. |
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Know How to Manage Risks. Don't fall into the trap of being ill-equipped to scale with business growth due to a lack of adequate and fully integrated risk management capabilities necessary to manage challenges. |
Trianz provides services to global finance organizations. These services include execution visioning, and process analysis through global rollout of IT solutions in the areas of financial planning, financial controls, financial reporting, revenue recognition, SOX compliance, country legal entity set-up, financial close, pricing, and margins analysis. Specifically, Trianz executes a number of programs in the following areas:
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Quote to Cash. With an increase in product and service program complexity coupled with a need for solutions, sales have a direct bearing on the quote to cash process for any organization. Many organizations fail to recognize and address the customer experience dimension in their quest to improve the process and systems. Trianz assists large firms in managing change with an emphasis on enhancing the customer experience dimension of quote to cash cycle. |
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Pricing and Profitability. A strong understanding of markets, economic conditions, and competition, coupled with its impact on strategic pricing, can be a source of competitive advantage for any firm. To assess the impact of price sensitivity on customer buying behavior and develop strategies to maximize profitability, Trianz builds roadmaps and executes business and IT initiatives to develop a strategic pricing capability for its clients. |
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Financial Forecasting. Large organizations need to have exceptionally strong financial forecasting capabilities to enable the CFO function to provide revenue and profitability guidance to the street. Many companies have suffered in the market due to their inability to accurately predict the financial results as reported to the street. Trianz works with clients to develop processes and systems to enable revenue and expense forecasting, set materiality levels, and make accurate forecasts. |
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Finance Operations Effectiveness. Even though there is an increasing demand on a CFO to develop value creation strategies, there is a need to develop operational excellence in areas like financial management, budgeting, and reporting for a world class finance organization. However, driving operational excellence in a transaction-heavy function is a challenging task. Trianz executes initiatives to deliver world class finance business capabilities for its clients. |
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Financial Performance Analysis. Finance organizations have a unique responsibility to provide business insights to sales and marketing functions, allowing them to effectively manage their business. However, most finance organizations are often stuck in the data management and reporting function, and are not able to provide a true value add of business intelligence and analytics. Trianz develops innovative business analytics solutions to enable the finance function to play the role of a true business partner to its business stakeholders. |
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