Finance Assessment

Client Need: A fortune 500 corporation recently aquired and merged three corporations with separate systems and operational procedures.  The new corporate finance function sought to understand the logistical issues they faced by implementing Oracle's finance and accounting system designed to consolidate numerous finance and accounting departments  with different operational procedures and legacy system environments.

Solution: BenchMark assessed and documented approximately 40 finance and accounting departments that existed and determined the operational environments and systems that were in use.

Results: Logistical issues in the current environment were documented and BenchMark provided recommendations that would eliminate existing operational inefficiencies.  BenchMark also provided a design to consolidate the finance and accounting organization in a manner that would optimize cost-effective financial control and facilitate the installation of the Oracle system solution.