How to drive behavioural change and deliver empowered transformation in Finance teams
We look at People and how you can drive the behavioural change that is key to empowered transformation.
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NEWS & UPDATES
NEWS & UPDATES
Building the future of Finance
Why Finance Transformation should be at the top of your agenda
As a Finance leader there is constant drive to evolve value-add and transform, as well as respond to constant regulatory changes.
The ultimate goal is to shift the focus from transactional processing to driving strategic value and leveraging data to drive business decisions; the Finance team is key to leading this agenda.
Automation and streamlined physical processes alongside a robust data and analytics strategy are the future hallmarks of an effective Finance function. Veran specialises in ensuring SaaS technology delivers the right capability for your organisation to excel as a modern value-add service to your business.
Common hurdles
Cost and Investment
People, knowledge and capability
Not knowing what you want or how to achieve it
No shared vision
Considered a technology refresh rather than a Transformation activity
Concerns for your specific business nuances
Fear of change
Governance
'Lift and shift' mentality
Competing priorities e.g. financial year end
Benefits of Transformation
Optimised business processes & improved operational efficiency
Enhanced analytics and reporting
Single source of truth for data
Real time reporting
Organisation approval limits aligned with schemes of delegation
Automation of manual, arduous tasks
Empowered teams using self-service
Accelerated financial close process
Improved management of compliance and financial standard changes
Continuous improvement
Why Veran
75+ Templates and accelerators
80:20 We focus on the 20% specific to you, and accelerate the 80% that's standard
One SaaS Mindset TM approach that integrates in to all programmes to prepare organisations for Cloud
Optimal service design and 7S TM methodology
80 Consultants trained and experienced in transformation delivery
Over 100 years experience of practical application in finance; ACA, ACCA, CIMA, CIPFA qualified
Maturity assessments
Business-led, not technology-led
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