NL OVER TRIFINANCE EXPERTISE INDUSTRIEËN CARRIÈRE IN FINANCE Terug Target Operating Model: Drive the change Client Our client is a medium-sized Belgian bank, part of an international banking group. The bank serves over 450,000 clients in Belgium via its distribution’s network composed by 200 agencies and remote e-channels. The challenge The overall challenge was to align the department with the acquirer vision, reduce the operational risk and improve the overall quality. The following dimensions had to be covered: Optimization of the key processes within Finance (Accounting & Reporting, Financial Control) Optimization of the processes between Finance and the stakeholders (e.g. Closing, Budgeting) Re-definition of the Mission Statement (e.g. upgrade of the Financial Control activity, with a focus on Performance Management) Review and Optimization of the Governance, Structure, Organization and Staffing Transversally, comply with the Vision and Requirements of the Group (e.g. higher focus on the client, moving from silo to a transversal organization, …) Result Concrete plan for optimizing key/meta processes of the department (e.g. for Finance: external reporting, budgeting, closing, …) Set of concrete actions for improving the day-to-day functioning of the department More globally: Better quality of the service provided to the internal client Stronger performances of the department, with more satisfaction and a higher motivation among the people Less Operational Risk Significant productivity gains (a.o. by reducing the overheads) Client quote COO: “Next time I face a problem, I’ll just call TriFinance” CFO: “TriFinance consultants have that little extra that differentiates them from their competitors.” Click here for an extended version of our target operating model & business case. Written by Olivier Heindryckx Deel deze pagina via: Jean-Philippe Thirion Director Financial Institutions +32 2 712 11 77 Neem contact op Business Unit Financial Institutions Klik hier voor meer info over onze Business Unit Lees onze andere business cases Process improvement in a bank New IFRS regulatory reporting evolutions Improve project management with analytics Optimization of Back Office processes Lean finance in AR 2014 TriFinance | Over TriFinance | Contacteer ons | Disclaimer | Sitemap | Privacy statement