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Case Study

Transformation of the Financial Service Centers

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Effective restructuring of the financial services centers

With the help of an Atreus manager, a global manufacturer of specialty chemicals was able to successfully restructure its financial services organization in the face of rising costs. Among other things, the process problems in the area of supplier accounting could be made more efficient.

q

Company

  • Global market leader in specialty chemicals manufacturing
  • Revenue of approx. €10b and around 30k employees
p

Challenge

  • Restructuring and realignment of the financial services organization due to increasing costs and the current cost structure
m

Goals

  • Preparing the organization for the go-live of the new SSC with 200 employees
  • Regular status report to the BASE sponsor (Chief Accounting Officer)
n

Measures

  • Change management support including informing employees, co-determination and stakeholders
  • Improving and streamlining the entire organization with a focus on adherence to the project timeline
  • Solving process problems in the area of supplier accounting
x

Results

  • Scheduled go-live of various accounting departments such as supplier, customer, general ledger and asset

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