Back-Office
Unlock optimal value in your
Transformation:
post-merger business
Cutting costs isn’t the only — or even the best — way to maximize value in your post-merger business. One hundred days in, what next steps should you take to optimize the company’s value?
Investigating a few key areas in each back-office function can rapidly unlock new value. Often, aligning people to the right role, implementing new processes, integrating technologies, and identifying and accessing the data hidden in back-office functions allows you to accomplish strategic initiatives that will accelerate growth, improve financial performance and boost ROI.
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Back-Office
Transformation:
Unlock optimal value in your
post-merger business
To transform cybersecurity into a business enabler, tackle these four levers first.
CYBERSECURITY
Challenge
solution
outcome
CISO
Process
Technology
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PEOPLE
DATA
Business stakeholders uninvolved in your organization’s security strategy lack a focus on key risk factors.
Engage key stakeholders across all departments to generate awareness of the cybersecurity risks your organization faces and develop a program that meets the exact needs of your business.
You’ll gain advocates and align your cybersecurity initiatives with organizational goals.
Process
Generic standards for cybersecurity only cover the basics, leaving your business at risk from cyberattacks.
Use business input to develop standards and design principles that are adaptable to the current risks your business faces.
You’ll realize an enhanced, cross-platform architecture that helps ensure the security of your organization.
TECHNOLOGY
Your organization’s current approach to risk and compliance issues is a reactive one.
Continually monitor and evaluate emerging issues to identify and address new cybersecurity risks before you’re hit with a cyberattack.
You’ll save both time and money by taking a cost-effective, proactive approach to security risk and compliance.
DATA
Cyber resources are expensive and difficult to retain. Cyberthreats continue to evolve and are difficult to stay on top of without experienced security and privacy professionals on staff.
Develop a cybersecurity program that’s focused on the risk tolerance of your organization and creates awareness that cybersecurity is a shared responsibility across your organization.
An updated and well-publicized cybersecurity program will help employees understand the cyber risks your business faces, reducing the perception that cybersecurity is a burden.
PEOPLE
Focus on these four key areas to transform your finance function into a value driver.
FINANCE AND ACCOUNTING
Challenge
solution
outcome
CFO
Process
Technology
PEOPLE
DATA
Unstandardized, redundant, manual processes often result in inefficiencies and errors.
Assess the current state of your processes to benchmark them, identify underlying issues and key risk factors, and inform your future roadmap for finance and accounting processes.
Re-designed processes with clear task and control ownership help your stakeholders execute business objectives efficiently and effectively.
Process
A reliance on disconnected, outdated or legacy systems inhibits efficient process execution and can lead to inaccurate or untimely reporting.
Identify your current application landscape, then design a future-state technology architecture and roadmap.
Standardized, accurate data and more efficient processes help you achieve a shorter, more automated close and reporting process.
TECHNOLOGY
Multiple systems yield siloed data that can prevent visibility, accuracy and access, and elevate your data security risk.
Standardize, govern and normalize your data to better serve your reporting and analytic demands while minimizing security risks.
A single source of truth helps your staff make proactive, data-driven decisions that lead to better budgeting, forecasting and planning.
DATA
Key personnel are focused on completing manual, redundant processes, which often require additional or unnecessary resources.
Leverage the efficiencies your technology solutions can provide, and adjust the task and time commitments of key employees.
Refocused staff and more effective use of technology helps your finance operation focus on value-add activities that better support strategic decisions.
PEOPLE
Unleash the potential of your people by focusing on the following four areas.
HUMAN CAPITAL
Challenge
solution
outcome
CHRO
Process
Technology
PEOPLE
DATA
Ill-defined or inconsistently applied policies and performance metrics combined with manual processes produce inefficient compliance activities that waste your staff’s time.
Establish consistent policies, standardized and efficient processes, and metrics grounded in labor laws.
With optimized and automated processes, you’ll save time, increase compliance, reduce risk and costs, and enhance employee performance.
Process
Legacy technology and poorly integrated applications lead to inefficient workflows, redundant efforts and employees, and frustrated staff.
Integrate end-to-end HR technology to eliminate information silos and improve the employee experience.
You’ll decrease manual HR tasks and streamline operations, allowing staff to focus on higher-value activities. You’ll also enhance the employee experience and minimize your risk exposure to HR regulation non-compliance.
TECHNOLOGY
Multiple systems yield siloed data that can prevent visibility, accuracy and access, and elevate data security risk.
Leverage your human resource information system as a single source of truth for employee data.
HR will be able to use real-time data to drive decisions that will enable more effective workforce planning and predictive analytics.
DATA
A disengaged workforce with knowledge and skills gaps leads to increased turnover and hinders your ability to attract, motivate, develop and reward talent.
Proactively recruit, develop and incentivize your employees. Optimize your talent management strategy to transform human resources (HR) from a transactional function to a strategic partner.
You’ll see greater employee engagement, productivity and retention.
PEOPLE
Empower your IT team to drive digital transformation by focusing on these four areas.
INFORMATION TECHNOLOGY
Challenge
solution
outcome
CIO
Process
Technology
PEOPLE
DATA
Current processes are highly manual and labor-intensive.
Identify process inefficiencies, and implement automated technology solutions.
You’ll increase efficiency and productivity.
Process
Aging infrastructure, unsupported systems and shrinking budgets that prohibit a proportional investment in IT hinder significant business growth.
Implement a services-based architecture by leveraging cloud-based solutions, and align your technology solutions with your business footprint and growth objectives.
You’ll reduce management overhead, increase your security posture and lower the total cost of IT. By better aligning your technology solutions, you’ll enhance the user experience and provide better business agility.
TECHNOLOGY
When data is siloed across applications, you’re unable to extract maximum value from it.
Integrate your applications, and implement data analytics tools.
By doing so, you’ll generate more accurate, consistent data that delivers better insights to support key business decisions.
DATA
Current resources are insufficient to support an effective delivery of services.
Implement a services-based architecture by leveraging cloud-based solutions.
You can reduce management overhead, while gaining an enhanced experience for both internal and external customers.
PEOPLE
Learn why lapses in cybersecurity can be especially dangerous immediately after an acquisition
Review each function to understand the key challenges and solutions to maximizing value.
Process
Technology
PEOPLE
DATA
Process
Technology
PEOPLE
DATA
Process
Technology
PEOPLE
DATA
Process
TECHNOLOGY
DATA
PEOPLE
Process
DATA
TECHNOLOGY
PEOPLE
Process
TECHNOLOGY
DATA
PEOPLE
Don’t wait to optimize your M&A transaction. Start early to maximize value.
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Learn how IT leaders have shifted their focus in response to new challenges
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Are you facing post-merger challenges with your back office functions?
get in touch
Are you facing post-merger challenges with your back office functions?
get in touch
Are you facing post-merger challenges with your back office functions?
get in touch
Learn how finance leaders are leveraging technology & talent transformation to drive operational excellence
Learn how a strategic approach to current HR trends and challenges drives operational excellence