Objectives & Project Background

Our client is a catalogue retailer, specialising in building supplies. Following an acquisition and subsequent investment in retail outlets, the firm was growing at a rate of 30% per annum, but the company was keen that their finance function did not grow at the same rate.

Anticipated Benefits

• Our client operated a number of processes with high levels of manual intervention, meaning that their finance function was not sufficiently scalable to meet their growth requirements.

• Parkwell were engaged to document current processes and identify areas for improvement.

Scope

• Parkwell first reviewed and documented ‘as is’ process and identified the issues and areas for improvement.

• Next, we prepared ‘to be’ processes, reflecting the implementation of the recommendations.

• We worked with the client to agree which recommendations would be implemented.

• Once agreed, we assisted in the implementation of the recommendations.