Our global media client operated in 14 countries, trading in multiple languages and currencies using different operational processes and contracting on different terms with ad-hoc global oversight for deal structuring. Added complexities included UK operations trading in GBP but reporting in USD as well as the different tax regimes for the different countries. To drive operational efficiency and deliver increased consistency and financial control, the centralisation of finance activities and a unified billing system was required.
Using our comprehensive consultancy expertise, we initially reviewed the client’s operating practices across the various countries to capture their requirements for a centralised billing platform and understand their ways of working to define an end-to-end global solution. We managed the implementation of a new billing system within the operating companies and the centralised function from business requirements, through to testing and integration including re-designing and delivering enhanced financial reporting and invoicing templates for the new billing system.
See how our implementation expertise and delivery know-how enabled the client to benefit from a 20% improvement in productivity and 90% reduction in manual processes.