Case study

Transitioning a cost accounting department without on-site subject matter experts (SMEs)

GRC, Strategic Sourcing
Participating Company: 
ACS, a Xerox company

 

By applying our Structure-Normalize-Migrate methodology and bringing in our own cost accounting SMEs to fill in the gaps, we delivered a successful transition and process improvements on day one.

 

 

Challenge

 

A major automobile manufacturer had already moved a large portion of its finance and accounting (F&A) to ACS with positive results, and wanted to transition its cost accounting functions as well. However, headcount reductions had transformed this once 38-person

department down to only five. So, instead of working with SMEs to document processes and streamline the transition, ACS had to find a way to orchestrate the transition of a business-critical accounting function while creating the processes from scratch.