Step 1
Discover
We run an in-depth audit of your finance people, processes and systems and how they meet the needs of the wider business.
Step 2
Define
We’ll help you clarify your goals and align them with your business objectives.
Step 3
Direct
We’ll present to you a prioritised list of change initiatives.
Step 1: Discover
VantagePoint runs an in-depth audit of your current finance process, technology use, people and teams to understand your existing landscape and limitations and ascertain what other areas of the business require from finance.
During this stage and throughout the entire process, VantagePoint engages with all levels of the business to help define your ideal target state, identify business value drivers and highlight opportunities to the team.
The detailed current-state report includes:
- Data management, analysis, reporting and insight review
- Finance function external benchmarking
- Skills and enablement reviews
- Business value drivers and opportunities for the finance team
- Core finance function process assessment
- Culture and ways-of-working assessment.
Step 2: Define
Next, we collaborate with your leadership team to establish where finance can add value and define the ideal future, or target state, to work towards.
To do this, we analyse your current people, processes and systems using a maturity framework to determine your business’ readiness as well as the actions and priorities required to reach your target state.
Step 3: Direct
We align your technical requirements with your growth strategy and present you with the change initiatives for execution.
Actions are communicated clearly to the leadership team via an executive report, to enable a direct route to your target state.
The prioritised list for incremental change initiatives may well include:
- Business process mapping
- Enterprise architecture
- System selection and implementation
- Raising capital towards IPO
- Digital and finance transformation
- Regulatory reporting.
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