Digital Finance Transformation for Sustainable Value Creation
In the digital world data and people with financial & technology skills are the biggest assets for sustainable value creation. Innovating your way to success by beating the data challenge and reforecast more quickly, forecast more accurately, forecast beyond 12 months and close the books faster. Better support from the CFO Office to enable sustainable value creation in business operations improves alignment and the likelihood to react more quickly to market change. Early adopters of a modern finance solution with bigger data-driven models are more successful by providing faster and more accurate actionable insight and to attract technology savvy talents.
ForSight stands for Forward looking and inSight in financial and operational data to steer the business and improve operational and financial results.
It is ForSight Consulting’s mission to inspire and provide guidance to the CFO to innovate their finance function with new technology for financial close & compliance, planning, performance management, advanced analytics to enable sustainable value creation and collaboration to drive improved business results. As a Digital Transformation Domain Expert with a pragmatic and holistic approach, we are mentoring the CFO Office.
Innovation is required in the Office of the CFO to become a modern, data driven and insightful finance function to enable value creation. Implementation of new technology with a modern finance transformation platform is used as an enabler to create change, gain insight and provide forward looking value for business partners. ForSight Consulting has a proven track-record at hundreds of medium sized companies and large enterprises in understanding their requirements to define a vision, roadmap, single data-point model for financial close & compliance, planning, forecasting, performance management & analytics for value creation.
We support with program and project management and implementation services to rollout your solution for a modern finance function and to meet the CFOs objectives. We have done this before and we provide guidance with best practices. During this journey, you will improve data governance and processes, and provide insight in sustainable value creation with better forward looking capabilities to act as a real business partner through innovation with new technology. As a result a lower Total Cost of Ownership is realized.
- Inspire to define a vision for the Modern Finance Function
- Insight in Objectives, Scoping & Requirements
- Define Roadmap & Architecture
- Design Single Data-point Model for Performance Management & Analytics
- Solution for Performance Management & Analytics
- Customer Profitability & Life-time Value
- Create Prototypes
- Configure & Test
- Roll-out & Go-live
- Improve and optimize current Data Model
- Improve and optimize current Performance Management & Analytics roadmap
- Improve and optimize current solution
- Improve and optimize Customer Profitability & Life-time Value
What makes us different and how do we provide better results for our customers? We focus on CFOs and Transformation Managers, who are early adopters of new technology, want to learn and experiment. We understand your requirements and create with you a modern finance vision and roadmap for implementation. We strongly believe in collaboration with the customer to create better outcomes. We think that a single data-point model for financial close & compliance, planning, performance management and analytics implemented in a unified information-centric data hub and application platform for finance and operations provides excellence to enable the business for sustainable value creation and be compliant at the same time. Benefits of this approach include: insight in sustainable value creation, improve forward-looking capabilities, no redundancy of data, less reconciliations, a single point of truth for finance and operations and a lower total cost of ownership. It is our recommendation to create a yearly innovation budget in the office of the CFO to stay ahead of the competition. ForSight Consulting is your business partner and makes sure that the right resources are available at the right time for the right tasks in your journey to modernize finance.
Areas of expertise includes: integrated business planning, strategic planning, budgeting, planning & forecasting, cash flow planning, financial close, integrated reporting, financial consolidation, regulatory reporting, management reporting, profitability analysis, activity based costing, customer life-time value management, balanced scorecard, dashboards, predictive analytics, business intelligence, data marts, data warehousing, cloud software as a service, program & project management and implementation services.
Our expertise is coming from more than 250 projects across all industries in different countries at companies like: Aegon, Ageas, Ahold, AkzoNobel, Amsterdam Commodoties, Arcelor Mittal, ASR, Atradius, Bas Trucks, CZ, DAF Trucks, DMG, Douwe Egberts, FrieslandCampina, Generali, Generali Employee Benefits, Hogeschool Inholland, House of HR, ING, International Card Services, Kramp Groep, Kverneland Group, Leaseplan, Lindex, Lucas Bols, Menzis, MT Hojgaard, Novamedia, Nyenrode Business University, Organon (MSD), Pathé, Pliva, PLUS Retail, PPG Industries, Rabobank, Randstad, Reed Elsevier, Royal Haskoning DHV, Scotch & Soda, Smit Transformers, Smurfit Kappa, Stora Enso, Teka, Tele2, TenneT, TVM Verzekeringen, Univé, VGZ, Vivat, Volksbank, Vopak, Wessanen, Wolters Kluwer, etc.