FINANCE TRANSFORMATION STRATEGY & ROADMAP
Equip your finance transformation
to defy the odds.
Bypass hazards that derail up to 84% of transformations with a Strategy & Roadmap to get your finance org from where it is to what it must be.
Win
Support
Avoid
Overruns
Secure
Alignment
Can You Afford to Roll the Dice?
Successful finance transformations cost time, money, and headaches.
Failures cost more.
- 72% of digital transformations fail due to team resistance.
- Up to 80% of digital transformation initiatives fail to meet ROI targets.
- Only 16% of software projects are completed on time and on budget.
What is a Finance Transformation Strategy & Roadmap (FTSR)?
The FTSR is an expert-led process of clearing your finance transformation's path to success. Honed by 500+ implementations, the FTSR results in the power to achieve what the business needs on schedule, on budget, and with confidence.
- Gain buy-in across your organization. Our 360º Stakeholder Interviews identify concerns, align priorities, and build trust with the stakeholders whose support your transformation's success relies on most.
- Build a shared vision stakeholders believe in. Expert-led Current + Future-State Workshops satisfy stakeholders that their needs have been heard and set the fact-based expectations needed to earn their active support.
- Make investments stakeholders embrace. The result of our Needs Evaluation + Analysis is a set of specific criteria any new technology must meet in order to be practical, effective, and welcomed by stakeholders with open arms.
Safeguard business ROI
- Ensure needed gains in reporting agility. When technology is ill-suited for the kind of data an org uses most, manual workarounds eat expected agility gains for breakfast. Our Global Opportunities Assessment produces a data-handling "checklist" your future technology must satisfy to meet your reporting speed targets.
- Improve and maintain data accuracy. Data cannot remain reliable if the processes used to maintain integrity are not sufficient. Our team will help you produce a comprehensive Data Strategy to keep your data reliable and ready to power great business decisions.
- Close system gaps before returns slip through. "System gaps" form where systems and processes are unable to support the levels of performance you need. The Data Strategy will uncover critical system gaps early, so you can close them long before they can drain ROI.
- Avoid costly revisions. The expense of new systems multiply when they struggle to adapt to changes in business needs. The FTSR team will guide you in designing a system ready for growth.
- Prevent excessive maintenance costs. The more complex finance systems become, the more expense in time, skill, and risk they will require. The Risk-Benefit Assessment will identify the simplification opportunities you can seize to keep system costs contained.
- Accelerate returns. Like blood, business performance relies on the flow and integrity of your data. The Data + Analysis Assessment gives you a comprehensive view of how data flow and accuracy affect operational efficiency, compliance, and decision-making. Our team will then catalog the improvements needed to optimize performance.
Fortune 500 manufacturer turns uncertainty about risky transition into a 17-part plan.
A $7B public company had to transition from the Hyperion Financial Management (HFM) system used for 20+ years to OneStream.
Problem: Leadership was uncertain how to achieve the transition without major operational disruptions or team resistance.
Solution: HollandParker interviewed 16 stakeholders and conducted 14 workshops to develop a complete understanding of the client’s goals, needs, and challenges.
Result:
- Key improvement themes and 17 proposed initiatives identified
- Execution roadmap presented to the executive and core team.
What Our Clients Are Saying
“We only do business with people we like and trust and that’s exactly how my whole team feels about HollandParker.”
Todd Falk
Chief Accounting Officer
CRESCENT ENERGY
“We now have a simple-to-use solution with repeatable steps. Our segments and corporate team are aligned and have visibility into key tasks throughout the close process.”
Michelle Steward
Director - SEC Reporting & Corporate Accounting
TopBuild
“Our collaboration with HollandParker continues to be a cornerstone of the ongoing growth and innovation within our business operations.”
Marc Sherman
CIO
Pegasus Logistics Group
The Finance Transformation Strategy & Roadmap Process
Understand
Where does finance need to go?
Align Objectives
Crystalize every detail of the business’s vision for finance with 360º Stakeholder Interviews.
Unite Stakeholders
Reach consensus on complex strategic and organizational questions with expert-led Current + Future-State Workshops.
Prevent Disappointments
Ground team expectations in experience from 500+ implementations with a Needs Evaluation + Analysis.
Analyze
What will help or hurt its journey?
Reveal Pitfalls
Uncover current system gaps that derail future ROI with a Process & Data Flow Analysis.
Optimize Effort
Ensure every transformation initiative is linked to business objectives with a Strategic Dependencies Map.
Protect Credibility
Weed out inconsistencies that erode confidence in reports with a Data Source Inventory.
Design
What’s the best path to get there?
Embed Scalability
Prevent costly revisions by designing systems that grow with the business through a Future-Ready Matrix.
Assure Engagement
Melt resistance to optimized finance practices before it starts with a customized Change Management Plan.
Maximize ROI
Deliver results across the organization with a CPM + DnA Vision.
Ready to Defy the Odds?
STEP 1
Schedule
a Call
Set up a call with one of our finance transformation experts. They'll assess your situation and suggest next steps.
STEP 2
Equip Your Transformation
Clear the path for your transformation to achieve what the business needs on time, on budget, and with confidence.
STEP 3
Transform Finance with Confidence
Make finance the most trusted source of insights––on schedule, within budget, and with everyone on board.
Frequently Asked Questions
What are the accounting and financial backgrounds of
HollandParker team members?
HollandParker team members?
The majority of the HollandParker team comes from a solid foundation in finance and accounting. Approximately 70% of our consultants have a combination of relevant degrees and significant experience in the following areas:
Public Accounting: Auditing financial records and practices.
Corporate Accounting: Financial close processes, consolidations, and both public and private company reporting.
Corporate Finance: Financial planning and analysis (FP&A)
Management and Technology Consulting: Providing strategic advice and implementing technological solutions.
Project Management: Ensuring successful execution of projects.
Our team’s expertise spans a variety of company sizes, from Fortune 500 corporations to smaller private companies with revenues exceeding $250 million.
This diverse background allows us to effectively teach our business-focused clients how to best leverage CPM technologies.
What are the technical capabilities and technological
experience of HollandParker team members?
experience of HollandParker team members?
While the majority of our team members have developed their technical capabilities through on-the-job experience, those joining us with existing technical backgrounds often possess degrees and experience in information technology (IT).
A core technical proficiency across our team is strong SQL skills. This is essential for successful data integration into your chosen platform.
We place a strong emphasis on cross-training. Our IT-focused team members are actively developing business skills, which allows them to bridge the gap between technical solutions and core business needs. Additionally, all team members receive training in consulting best practices to ensure exceptional client service.
Can HollandParker teams help us with technology implementation?
Yes.
Is HollandParker affiliated with specific technology products?
Yes. HollandParker is currently an official partner of OneStream and Incorta. However, we work in the best interest of our clients, regardless of which technology products they decide to implement.
Can HollandParker provide ongoing technology support?
Yes.
The Pre-Transformation Checklist for Finance
An 11-Step Risk Reduction Tool for CFOs and CAOs Who Aren’t Sure Where to Start
