Case Studies

Performance management and reporting system

Project for a leading construction material and energy company

Challenge

  • Each department of the Company generates numerous, independent MIS reports but the management was unable to understand the Company’s overall performance nor were the incentives of key business leaders aligned to the company’s objectives
  • The Company was unable to respond swiftly to changes in business environment

Approach

  • Developed a long-term strategic plan for the Company
  • Converted long-term objectives into measurable KPIs
  • Established balanced scorecard goals for key executives based on the KPIs
  • Revamped MIS reporting to focus on the KPI and root cause
  • Put in place a MIS reporting hierarchy (who reviews which report)
  • Initiated competitor benchmarking

Impact

  • Ability to anticipate and rapidly respond to changes in business

  • Significant improvement in use of management time by eliminating time spent reviewing disjointed reports & focusing management review meetings on key business drivers

Managed data room for big 4 due diligence

Due Diligence support project for a company raising funds from Private Equity

Challenge

  • The Finance function of a Service Company did not have bandwidth to handle Due Diligence in addition to carrying out the regular finance activities

Approach

  • A dedicated team was deployed for focusing on the DD project

  • The team comprised of full time members working on the requirements with supervisory overview by a CFO Partner

  • We commenced our work of setting up the Data room based on our checklist giving a head start
  • We quickly understood the business of the client. We identified the problem areas and proactively addressed the issues along with the company`s Finance team
  • The team and the Client Finance team worked in a seamless manner to address the requirements and update the data room
  • The team members were trained to address all the queries from the Big 4.

Impact

  • Smooth transaction closure
  • High quality DD exercise was completed to the satisfaction of Big 4
  • The DD exercise was competed within stipulated time which otherwise would have taken many more months