Never let finance drive a transformation alone

You run a successful business, which means you have a secret recipe for success. You know how to do things better than your competitor does, and your customer pays a premium price for that.

Delivering successful finance transformation means you understand a company’s core business, and the continuous focus is there. It also means that finance transformation is not perceived as a finance-only (or even worse accounting-only) project or just a replacement of systems used to run the current business.

Finance transformation is a joint business & finance program, and all parties have to see indisputable benefits by implementing it. Strategy, deliverables, milestones & prioritization discussion should start with businesspeople and with core business support in mind.

It is easy to be tempted by nice-looking pictures showing the elimination of many peripheral systems & deploying complex solutions.

It is hard to accept that the reality of success is about challenging consensus while keeping all stakeholders focused on a value over the entire transformation program.