Finance function transformation
Contact : contact@ineum.com
The purpose of the “Transformation of the finance function of financial institutions” offer is to assist finance departments in responding to current major challenges:
- Supporting strategic occupation restructuring internationalisation, mergers/acquisitions, and pooling of means).
- Better management of revenues and costs.
- Responding to the growing demands of financial communication (deadlines, auditability, convergence of “accounting, risk and management” information).
- Bringing into compliance in relation to regulatory obligations (IFRS, Solvency and Basel 2), - transformation of the financial information system (service level, productivity, development flexibility).
Alongside you, at each stage of your transformations, our team of specialists assist you with discussions, design and implementation of solutions through five areas of expertise:
- Accounting organisation processes.
- Management control and performance.
- Regulatory reporting,
- Finance/risk convergence.
- Architecture of the finance information system.
Examples of achievements:
- Support for a major French bank in reconciling accounting and budgetary activities of its “specialised financing” entities (retro documentation of existing processes and target forecasting, assistance in contracting the merger of financial systems, and programme management).
- Design and implementation of the financial consolidation solution, for an investment bank.
- Supporting the financial department of a fire, accident and diverse risk insurance company within the context of integration of a competing company (review of the organisation, processes and accounting procedures).
- Design and roll out abroad of an organisation and accounting consistency process, for a specialised finance company.
- Design and assistance in implementing a solution for gauging customer profitability, for the international activities of a mutual insurance group.