{ "media_type": "text", "post_content": "Finance transformation framework - any fellow 🐠 willing to point me to a good reference example or send me one? I’ve looked at a few but can’t find a good one! I’m looking for a framework/model that covers P2P, OTC, and Month-End! Thanks in advance!", "post_id": "5eeb069d19bbbb0028ee1933", "reply_count": 6, "vote_count": 6, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
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Finance transformation framework - any fellow 🐠 willing to point me to a good reference example or send me one? I’ve looked at a few but can’t find a good one! I’m looking for a framework/model that covers P2P, OTC, and Month-End! Thanks in advance!

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That’s a lot of buzz words and not a lot of specifics. Have you been part of a finance transformation? What is your knowledge thus far? What systems are you talking about?

Following to help, because I’ve been part of a few in my time (SAP), but I had to do it without clear guidance. I want to help, but also if someone knows of actual documentation to guide this process, then I want it too!!

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Hi ACN1 - These are standard functions within the finance and accounting realm, i.e. Order to Cash (OTC or O2C), Procure to Pay (P2P), and Month-end-close. Pretty much every company has these in its standard processes.

I’ve been working in the business transformation realm for many years, and recently switched from a large consulting company to a small company and thus don’t have access to reference artifacts. While I’ve worked in many business realms, the finance and accounting area isn’t my core expertise and thus this post to query if someone who is more familiar with this space can point me to some good reference business capability model / framework / map. I’ve already started creating one from scratch....

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Are you talking about developing a TOM? Org design?

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Hi PwC1 - no, not looking at org design or target operating model. I’m just looking for a reference business capability model / framework / map.

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Every firm has their own framework for this, should be really easy to find someone internally who can help you instead of going to FB

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I’m at a very small company D1, and don’t have access to a large library. I’m ex-D if that helps 🙂

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