Finance Shared Services
The challenge of having to creating an agile and responsive finance function in itself is often a Herculean task. With the backdrop of complex regulatory and Privacy issues, the feat at times seems impossible. The discussions we have with Chief Finance Officers is a recurring tale of being asked to do more with less. We have enabled several clients to do just that.
Our Finance Transformation Consultants are Chartered Accountants with thorough knowledge of finance processes but also the core ERP platforms in the market place.
We work in partnership with our clients to analyse their Chart of Accounts, and their transactional finance processes. We rationalise non-value added processes and standardise others where appropriate.
We then Optimise the core value-added processes such as the Forecasting processes and Month end close process. With our Programme and Project Management expertise, we can support your engagement from start to finish or we can offer our ‘Assurance health-check’ proposition for your finance transformation programme which provides a ‘snap-shot’ of the delivery probability and the key programmes risks and how they are being addressed.
We have delivered outsourced, onshore and offshore finance shared services programmes and
understand exactly what it takes to deliver greater agility and sustainability for you finance function, enabling it partner with the business and meet your regulatory obligations at lower cost.
HR Shared Services
When working with Vector Advisory Partners, you will hear our Partners and staff use the phrase ‘Beyond outsourcing’. We coined this phrase as we recognise that the market has moved from the historical approach of “Your mess for less” through to what is now a more commonplace approach of Inflexible standardised processes dictated by the vendor or by the historic evolution of your organisation.
Our proposition takes a look beyond these historical and ineffective attitudes towards shared services. We recognise that our clients are unique and therefore past templates or acetates will not be appropriate for them.
We have developed an experienced and research based best-practice approach to HR technology and processes which is sustainable. We recognise the importance of the principal assets in our clients businesses and that’s why we focus completely on talent management and the execution of operational performance improvement through people.
We will work with our clients to address key issues around the deployment of Self-service solutions, compensation, performance, Learning, Succession planning, Review and feedback and employee surveys.
Using available technologies, we can quickly establish and deploy processes at a global level.