GX Consult initiates London's Largest Finance Transformation Programme

Top Quote GX Consult, a leading management consulting company based in Toronto, reportedly has been instrumental in initiating London's largest finance transformation programme. End Quote
  • (1888PressRelease) November 30, 2012 - Toronto, ON - The scope of this transformation programme included finance, risk and treasury transformation to a single, whilst creation of unified and optimized systems and data environment.

    GX Consult had offered its specialized transformation consultancy services of intelligent sourcing, organizational blueprint, transition and transformation along with overall management consultancy for this programme.

    Confirming the reports, Erik Vennestrom, Managing Director of GX Consult said, "The client had gained excessive fat during a period of organic and non-organic growth. Positioning the company for regulatory and compliance changes was also scope and a necessity for the programme to become a success. The programme was valued at 840 M conducted in duration of 42 months with manpower of 680 FTE."

    "There were high levels of process redundancies, disharmony between group and individual business unit within the organization. They needed tactical and strategic plans leading to a structuring programme to completely revamp the system landscape, tune the job-profiles of the organization of 120000 + end-users and optimize the process model through the course of the programme," Erik added.

    As the transformation consultant, GXC Consult offered the following services:
    Strategic consulting to benefit case, engagement with parallel and inter linked programmes to ensure alignment and holistic view applied to the business case
    Strategic consulting to benefit realization planning, modeling and management
    Strategic mobilization by creating skills profiles and requirements definitions in addition to establishing the sourcing process
    Building up and mobilizing a 200-man strong team over 9 months to strengthen the project organization and provide the subject matter expertise required
    Deploying GXC associates to key delivery-positions in the programme, augmenting the management structure
    Third party supplier managed service including contract management, PSL-management, pay-rolling, invoicing & settlement, liability management and resource management
    "GXC has been instrumental to the start-up and initiation of this large programme of works, and managed in exclusivity key success factors to where we are today", says a visibly pleased Executive on-behalf of the Client.

    For more details on management consulting and transformation consultancy service by GX Consult, visit - http://www.gxconsult.com/Pages/OrganisationalTransformationandTransition.aspx

    About GX Consult
    G X Consult Ltd offers Management Consultancy in the space of project, program and portfolio Management. GXC's top management consultants deliver transformation solutions to large-scale, complex and often international initiatives. GXC has wide spectrum of experience and expertise ranging from management of initiatives in supply chain, outsourcing, near-shoring, sourcing, software development, business consulting, technology refresh, supply chain management, intelligent sourcing, manpower requirements to business process outsourcing (BPO), solutions and services within the industry. For more details visit - http://www.gxconsult.com/

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