Objective

To reduce costs and streamline activities of two separate finance departments.

Task

  • Reviewed the activities of 20 staff members located int two different locations
  • Restructured and re-motivated two finance departments
  • Merged two finance departments into one function

Result

  • Operational efficiencies were achieved through the introduction of new processes and procedures.
  • Reduce the overall head-count of the merged finance function by 10%.
  • Achieved process and communications efficiencies.
  • Reduced quarterly audit adjustment count from to zero items.