How a Fortune 50 Company Built an M&A-Ready Finance Function
💡 Following a major merger, a global enterprise struggled with finance inefficiencies, slow consolidation, and inconsistent reporting. By redesigning processes, standardizing reporting, and leveraging automation, we reduced reporting cycle time by 50% and created a scalable model for future acquisitions.
The Challenge
Disparate legacy systems post-merger, slowing financial consolidation
🔹 8,000+ accounts with inconsistent reporting structures across divisions
🔹 Finance teams working 15-hour days due to manual reconciliation processes
🔹 No standard operating procedures (SOPs) across regions
The CFO’s vision was not just to standardize reporting post-merger but to create a finance function capable of seamlessly integrating future acquisitions—reducing complexity and ensuring rapid consolidation of financials for any new business acquired.
The Solution
✔ Enterprise-wide finance standardization – Created consistent SOPs across all divisions
✔ Finance Data Model & Chart of Accounts Redesign – Simplified structure for future acquisition integrations
✔ Process Simplification & Automation – Eliminated manual reconciliations and accelerated reporting
✔ Integrated Financial Planning & Reporting – Migrated legacy systems into a single, scalable platform
The Impact
📈 50%+ reduction in reporting cycle time
📉 40% fewer accounts, reducing complexity and errors
⚡ Seamless integration of future acquisitions into financial reporting
⏳ Automated consolidation, eliminating manual reconciliation
Why It Matters for CFOs & Transformation Leaders
🔹 Finance as an M&A Enabler – Standardized finance processes ensure smooth post-merger integrations
🔹 Automation Enables Growth – Finance teams shift from data crunching to strategic decision-making
🔹 Future-Proofing Finance – A scalable, unified model supports future mergers, acquisitions, and market shifts
💡 Facing similar challenges? Let’s discuss how we can create a future-ready, M&A-enabled finance function together.
