FINANCIAL
ADVISORY
OVERVIEW
enhancING operationS AND adding value TO YOUR financial functions
Today’s finance functions are working harder than ever to provide deeper value to their businesses. With continuously evolving and competitive markets, they are shifting their focus outward to activities that support better decision making and performance.
Businesses must create efficiencies to manage basic financial data and continue to deliver traditional financial outputs, while redeploying resources to deliver strategic activities.
At VG Project Group, we work with our clients to enhance the operation of their financial functions, adding value through improved efficiency, performance and commercial risk management. Our proven methods focus not only on the technologies and tools, but the operation and resourcing needs to position their finance teams for lasting success.
ELEMENTS OF TRANSFORMATIONAL CHANGE
Finance Target Operating Models
Establishing a Finance Target Operating Model that defines the finance organisation of the future.
Deploying EPM Solutions
Deploying EPM Solutions to enhance the return on investments in ERP systems; data warehouse tools, and business intelligence capabilities to provide a comprehensive, integrated decision support platform that can enable finance teams to provide significant business support and value.
Accelerating finance transformations
Accelerating finance transformations through VG Project Group’s proven framework to reduce implementation time while providing greater certainty and lower risk. Implementing our cloud delivery method which focuses on what is unique to an industry while providing prescribed process solutions that are common to many companies.
Financial, risk and opportunity forecasts
Harnessing business intelligence tools and data analytics to provide more meaningful, forward-looking financial forecasts, predict and manage risk, and identify new market opportunities.
Cost models
Enveloping cost models that allow organisations to better understand the cost of activities, providing greater insight into funding decisions.
Enhance financial processes and ensure compliance
Supporting an efficient public sector through financial management services targeted at budgeting, reporting, financial modelling and automation. Services are designed to enhance financial processes and ensure compliance with financial reporting rules and accounting standards.
LEAN finance principles
Leveraging our expertise in LEAN finance principles and practices to drive the required process efficiencies.
Implement more strategic, mixed sourcing practices
Rethinking shared services and outsourcing to implement more strategic, mixed sourcing practices and migrating certain higher-value activities.
Robotics Process Automation
Helping clients use Robotics Process Automation services to gain both immediate and long-term value via improvements in service quality, speed, consistency of results, efficiency, productivity, and agility, resulting in significant cost reduction.
Aligning Risk and Finance functions
Aligning Risk and Finance functions to enable business decisions to strike the right balance between risk and reward considerations. Creating a more sustainable financial reporting environment, and building a new approach to Finance Talent Management to attract employees and develop capabilities at all levels within the finance organisation.
OUR PARTNERS
THE VG PROCESS
Our proven VG Process methodology is a simple yet powerful 4 step pathway to success. Working collaboratively with the client through all phases, we progress with efficiency and exacting standards.
Initiation: Scope & Overview
Planning
- Schedule Management
- Resource Management (inc. Training & Development)
- Risk, Cost & Compliance Management
- Communications & Change Roadmaps & Recommendations
- Project Management Plans
- Design & Specifications Documentation.
Execution & Monitoring
Handover & Completion
Initiation: Scope & Overview
Together, we set the engagement scope and confirm key constraints (budget, timeframes, resourcing) before developing the design and/or broader programme. This foundational stage is a critical one demanding alignment from all stakeholders and a crystal clear vision for success.
Planning
With the scope, constraints and success vision confirmed, we shift into critical planning mode; developing the Best Course of Action, and operational pillars (Process & Procedures) required to bring it to life such as:
– Schedule Management
– Resource Management (inc. Training & Development)
– Risk, Cost & Compliance Management
– Communications & Change Roadmaps & Recommendations
– Project Management Plans
– Design & Specifications Documentation.
Execution & Monitoring
In this third ‘action’ phase, we integrate, direct and coordinate all the people and partners required to execute the engagement programme. Along the way, we monitor all elements closely to ensure all deliverables are on time and budget, and all specs., standards and safety protocols are on point.
Handover & Completion
In this final phase, we close out the engagement with exceptional precision; carrying out any final training required, auditing and correcting any defects, commissioning third party project evaluations and pressure-testing all VG deliverables against the agreed engagement scope. Finally, we celebrate the shared success!
