AstraZeneca – CIMA Business Partner organisation of the year
“Arcus Consulting have played an invaluable role in our 2-year journey to transform finance business partnering across the globe. They helped us to set the vision and direction for business partnering; they’ve conducted practical improvement projects on-the-ground in Europe and Russia; and they’ve been successful at mobilising our finance directors into action in Latin America and Eastern Europe.”
Graham Colbert, VP Global Commercial Finance, AstraZeneca
How we helped our client
- Defined global model for finance business partnering: which business decisions to prioritise; characteristics of great business partners; how to free up time; and what roles and capabilities are needed
- Launched business partnering programme at global finance leaders summit with best practice assessment and gap analysis for 10 countries, including China, Japan, U.S.A.
- ‘Deep-dive’ in Russia to re-design the finance organisation and develop a practical road-map of improvements
- Worked with the finance leadership team to identify the priority finance transformation initiatives to deliver tens of millions of dollars of cost reduction
- Developed a new approach to pricing in Europe and changed the role of finance to deliver business value in pricing
- Created and ran summits to launch finance business partnering in Eastern Europe and Latin America to mobilise finance directors into action
- Separate finance business partner organisation, distinct from transaction or specialist finance, with clear roles, skills and career paths
- Business partners performing at or close to the top 10% of externally benchmarked peer organisations
- Finance business partners operate as peers on management teams driving strategy and decision making, and managing business performance
- Significant uplift in capabilities through knowledge sharing, targeted education and business briefings
- Awarded Finance Business Partner organisation of the year 2011 by the Chartered Institute of Management Accountants (CIMA).
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“Arcus Consulting are seasoned consultants who are able to work effectively with our senior business and finance leaders; they operate at a strategic level as well as ‘rolling-up their sleeves’ to tackle practical operational issues; they are highly collaborative with our teams and very successful at making change happen in our organisation.”
Graham Colbert, VP Global Commercial Finance.