Our Services | Bigham Consulting

Finance Transformation

CFOs today are focusing on finance transformation services that can drive efficiency, agility, and strategic decision-making in the finance function. The main services you might like to invest in include:

Growth, Marketing & Sales

1. Enterprise Resource Planning (ERP) Implementation & Upgrades

Deploying or upgrading ERP systems to integrate financial, operational, and other business functions into a unified platform.

ERP systems streamline finance processes, improve reporting accuracy, reduce manual tasks, and ensure real-time visibility across the business, enabling better decision-making and efficiency.

Further reading
Implementation

2. Robotic Process Automation (RPA) in Finance

Automating repetitive and manual finance processes like invoice processing, reconciliation, and payroll using RPA technology.

RPA increases operational efficiency, reduces human error, and frees up valuable resources for strategic financial management. It also lowers operational costs.

Further reading
Technology and Systems - A Bigham Consulting Custom Built CFO Cloud Based Reporting Suite

3. Financial Planning & Analysis (FP&A) Transformation

Implementing advanced FP&A tools to improve budgeting, forecasting, and performance analysis, incorporating scenario modeling and real-time insights.

Enhanced FP&A systems provide CFOs with better visibility and predictive capabilities to support faster, more accurate decision-making and long-term financial planning.

Read the full article
M&A

4. Data Analytics and Business Intelligence (BI) in Finance

Leveraging advanced data analytics and BI tools to enhance financial reporting, identify trends, and derive actionable insights.

CFOs need access to real-time, actionable insights to make data-driven decisions, optimize cash flow, and better manage costs and investments.

Read the full article
Risk Management

5. Cloud Finance Solutions and Migration

Migrating finance systems to the cloud, including accounting, reporting, and analytics platforms, to enhance scalability and flexibility.

Cloud finance systems reduce IT costs, improve collaboration, enhance scalability, and provide real-time financial visibility across geographies.

Read the full article
Investor Relations

6. Treasury Management and Cash Flow Optimization

Implementing solutions for cash management, liquidity forecasting, and working capital optimization.

CFOs seek to optimize cash flow, manage risk, and improve liquidity, especially in times of market volatility, by automating treasury operations and enhancing visibility into financial liquidity.

Read the full article
Business Valuation

7. Integrated Financial Close Automation

Automating the financial close process to reduce cycle time, increase accuracy, and improve compliance.

CFOs want to shorten the financial close process, ensure accurate financial reporting, and enhance transparency in financial statements, thereby improving decision-making and reducing audit risks.

Further reading
Operational Efficiency

8. Advanced Risk and Compliance Management

Implementing technology solutions that help manage financial, operational, and regulatory risks, ensuring compliance with changing regulations.

With growing regulatory requirements, CFOs need solutions to ensure compliance and manage risk proactively, minimizing penalties and protecting the company’s reputation.

Further reading
Business Valuation

9. End-to-End Finance Process Reengineering

Redesigning financial processes across the organization to improve efficiency, reduce costs, and align them with business objectives.

Process optimization helps streamline finance operations, reduce bottlenecks, and improve cost-efficiency, enabling CFOs to focus on value-driven activities rather than routine tasks.

Further reading
Business Performance Management

10. Business Performance Management (BPM) Solutions

Implementing BPM systems that align financial goals with strategic objectives, tracking key performance indicators (KPIs), and monitoring business performance.

BPM systems provide visibility into financial and operational performance, helping CFOs ensure that business strategies are aligned with financial goals and drive better decision-making.

Further reading
Business Valuation

11. Artificial Intelligence (AI) and Machine Learning for Financial Forecasting

Using AI and machine learning to predict financial outcomes, demand forecasts, and market trends with greater accuracy.

AI and machine learning models improve forecasting accuracy, allowing CFOs to better manage cash flow, optimize investments, and anticipate market shifts.

Further reading
Business Valuation

12. Digital Transformation of Accounts Payable (AP) & Accounts Receivable (AR)

Digitizing AP and AR processes to automate invoicing, payments, collections, and reconciliation, often integrating with ERP and payment systems.

Streamlining AP and AR functions increases working capital efficiency, reduces late payments, and improves cash flow management, all of which are critical for financial health.

Further reading
Business Valuation

13. Change Management and Transformation Advisory

Providing expert guidance on leading and managing finance transformation projects, ensuring alignment with strategic goals and smooth transitions.

CFOs seek expert advice and change management support to ensure the successful adoption of new finance technologies and processes without disrupting ongoing operations.

Further reading
Business Valuation

14. Financial Shared Services Implementation

Setting up centralized shared service centers for finance functions such as accounting, procurement, and payroll to improve efficiency and reduce costs.

Shared services consolidate operations, lower costs, and standardize processes across regions or business units, enhancing scalability and control.

Further reading
Business Valuation

15. Customer Profitability and Cost-to-Serve Analysis

Implementing solutions that analyze customer profitability, optimize product pricing, and identify high-margin products and services.

CFOs need insights into customer profitability and cost-to-serve metrics to optimize pricing strategies, improve margins, and maximize profitability.

Further reading
By investing in these finance transformation services, CFOs aim to increase operational efficiency, reduce costs, ensure compliance, and improve their strategic capabilities to drive growth. These services are essential in modernizing finance operations, enhancing data-driven decision-making, and supporting long-term organizational success.
Digital Transformation Contact Us