Finance transformation programmes incorporate elements of financial, risk, performance and capital management. Most finance transformation programmes are structured as depicted in our model, with the four key areas of change; Reporting, Process, People and Technology supported by Programme and Stakeholder management disciplines. The holistic design and start point for any transformation programme is the target operating model (TOM), which sets out management’s scale and ambition for change.
This model is used to ensure that all the solutions are integrated and work to maximise the benefits, while at the same time minimising the risks of the complex change programme for the organisation.