Background: To improve its financial reporting process, this multi-national financial institution wanted to reduce its month-end accounting close process from 10 days to 5 days.
Background: Due to rapid growth, this publicly-traded healthcare services company needed to identify more streamlined business processes for its Accounts Payable function in order to gain efficiencies to be scaleable in support of future growth, and to enhance its internal control environment.
Background: In order to manage the large volume of user requests across all corporate administrative functions (e.g. finance, legal, human resources, marketing, etc.), reporting and analysis tools were needed to define user requirements, estimate resource requirements and allocations, estimate level of effort, prioritize concurrent and potentially conflicting activities and analyze the business case to evaluate the return on investment for new projects.
Background: As part of its new services to provide third-party accounting services to its clients, this Germany-based renewable energy company engaged CTS to develop planning and implementation tools to support the on-boarding and transition of their new clients to a standard accounting platform (SAP).
Due to the extensive number of concurrent projects underway within the Finance function of this Fortune 500 multi-national manufacturer, this client needed to launch and support a PMO to manage progress, and to provide an efficient way for status reporting and resource allocation across competing priorities.
Background: As a result of several major acquisitions, this CTS Impact client needed to update its Investment Operations processes in order to be scalable to support future business requirements. Concurrently, the client was experiencing a high rate of staffing turnover in various management and staff roles.
Background: The international operations of this Fortune 500 CTS Impact client did not have standard processes or systems across its 13 production facilities, which limited transparency and consistency of data available to the corporate management team.
Background: As part of a cost management initiative, this CTS Impact client needed to streamline its Purchase-to-Pay processes, where many bottlenecks and inefficiencies existed. In addition, opportunities existed to leverage functionality from its existing financial system, PeopleSoft.
Background: In order to manage its global import function consistently, and to manage the enterprise risk associated with Import activities, this CTS Impact client needed to establish formal standard policies and operating procedures.
Background: As a rapidly growing wireless telecommunications company, the current production planning and scheduling processes were not scalable to meet this CTS Impact client’s future business requirements.