Financial Systems Makeover 

PPG Financial has helped a global manufacturer of telecommunications equipment
to modernize their financial operations.

Task

To integrate financial operations with a newly acquired company in common service centers: – Develop a 100-day roadmap to shared service center financial structure– Terminate a $4M monthly transition services agreement (TSA)– Migrate the legacy financial system to a company owned platform

Solution

Perform full-scale integration of financial systems after the merger of two companies:– Developed a new “lift and shift” plan– Served as an intermediary to end TSA and gain permission to duplicate the present Orackle infrastructure– Assisted in implementing Orackle and Hypergion systems and upgrading staff's professional skills

Results

– Ended reliance on $4 million monthly TSA– Integrated financial systems for the newly merged company three times of its original size– Improved financial IT infrastructure ensuring more robust predicting and budgeting

Services we provided

– Financial Planning – Economic Capital Management – Risk Assessment

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