{"id":19000,"date":"2024-07-12T15:47:43","date_gmt":"2024-07-12T13:47:43","guid":{"rendered":"https:\/\/pre.althea-groupe.com\/nos-solutions\/operational-excellence-for-the-finance-function\/"},"modified":"2026-07-30T08:34:39","modified_gmt":"2026-07-30T06:34:39","slug":"operational-excellence-for-the-finance-function","status":"publish","type":"solution","link":"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/","title":{"rendered":"Operational Excellence for the Finance Function"},"content":{"rendered":"\n<p class=\"has-medium-font-size\"><strong>The digital transformation of <a href=\"https:\/\/althea-groupe.com\/nos-solutions\/finance\/\">finance functions<\/a><\/strong> represents a <strong>major strategic challenge<\/strong> for companies facing a constantly evolving economic environment. Faced with the challenges of digitalization, CFOs must rethink their traditional role to become true business partners, capable of <strong>leveraging the power of new technologies and big data<\/strong>.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">Discover how operational excellence in the finance function optimizes processes, automates low-value tasks, and improves decision-making through artificial intelligence and digital tools.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The challenges facing finance departments<\/strong><\/h2>\n\n\n\n<p>In the face of the financial crisis and rapid economic changes, <strong>finance departments are expanding their roles. They are becoming drivers of corporate transformation.<\/strong> Complex operational challenges and new (inter)national regulations pose risks and compromise company growth and margins. To <a href=\"https:\/\/althea-groupe.com\/vos-enjeux\/performer-dans-ses-resultats-financiers\/\">ensure sustainable and profitable growth<\/a>, <strong>organizations must reassess their strategic levers.<\/strong> <\/p>\n\n\n\n<p>New technologies enable faster and smarter processing of financial and non-financial data. This <strong>requires organizational and process transformations.<\/strong> This evolution is also driven by software vendors\u2019 SaaS strategies, which require companies to adapt to new tools.<\/p>\n\n\n\n<p><strong>Artificial intelligence (AI) opens up new perspectives:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Automation of repetitive tasks<\/li>\n\n\n\n<li>Improved decision-making via predictive analytics<\/li>\n\n\n\n<li>Increased personalization of services<\/li>\n<\/ul>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-group bloc-contact has-blue-dark-background-color has-background is-content-justification-space-between is-layout-flex wp-container-core-group-is-layout-703005bc wp-block-group-is-layout-flex\" style=\"padding-top:2rem;padding-right:2rem;padding-bottom:2rem;padding-left:2rem\">\n<div class=\"wp-block-group wp-container-content-9cfa9a5a\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<h2 class=\"wp-block-heading has-white-color has-text-color has-link-color wp-elements-0050b88581d31db97e277db40256a35c\">Achieve operational excellence in the finance function!<\/h2>\n\n\n\n<p class=\"has-white-color has-text-color has-link-color wp-elements-f5c0bbbaf4387dd28f5f9877757e82b0\">We are here to support you.<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-white has-arrow\"><a rel=\"\" target=\"\" class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/althea-groupe.com\/contactez-nous\/?objet=business\">Contact us<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Alth\u00e9a\u2019s Support for Finance Transformation<\/strong><\/h2>\n\n\n\n<p>Alth\u00e9a and its experts guide you through the transformation of your organization, processes and digital transformation. Our specialized consultants possess <strong>solid expertise in finance, accounting, and advanced technologies,<\/strong> including in-depth knowledge of market solutions.<\/p>\n\n\n\n<p>We apply <strong>a proven methodology to guarantee rigorous cost and deadline management<\/strong>. We distinguish ourselves through our integrity, proactive collaboration and high-quality service, all essential to an effective partnership. Discover how our services can transform your organization.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Alth\u00e9a&#8217;s areas of intervention in France and internationally<\/strong><\/h2>\n\n\n\n<p>Alth\u00e9a and its experts support you at every stage of your projects:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Master plan:<\/strong> our consultants define a precise strategic vision of financial processes. They set specific objectives and develop detailed roadmaps to guide future development. <br><br><\/li>\n\n\n\n<li><strong>Audit and assessment of current processes:<\/strong> we conduct an in-depth audit to identify strengths, weaknesses, inefficiencies, and friction points. This ensures a targeted and effective transformation. <br><br><\/li>\n\n\n\n<li><strong>Solution benchmarking:<\/strong> after identifying the challenges, we select a shortlist of suitable technological solutions. These solutions are ready to be evaluated and integrated into the project framework. <br><br><\/li>\n\n\n\n<li><strong>Solution Selection Support:<\/strong> we assist our clients in selecting optimal solutions. We draft detailed specifications and facilitate tenders for an informed choice aligned with transformation objectives. <br><br><\/li>\n\n\n\n<li><strong>Project Management Assistance:<\/strong> we manage transformation projects, collaborating with business teams to design new processes and ensure the quality of solutions during the various project phases.<br><br><\/li>\n\n\n\n<li><strong>Change management and operational maintenance:<\/strong> we deploy a comprehensive strategy to facilitate the adoption of new solutions. This includes detailed documentation, training, and ongoing support to ensure transformed processes run smoothly. <br><br><\/li>\n\n\n\n<li><strong>Compliance with e-invoicing reform:<\/strong> based on DGFIP specifications, we provide a gap analysis to help our clients meet EIR requirements.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n    <div class=\"number-key-block\">\n        <h2>Key Figures<\/h2>\n        <div class=\"columns count-columns-3\">\n                            <div class=\"column\">\n                    <div class=\"content-number\">\n                        <div class=\"sub-number\">\n                                                        <span class=\"number\" data-number=\"50 \">0<\/span>\n                                                    <\/div>\n                        <p class=\"text\"><\/p>\n                    <\/div>\n                    <div class=\"subtext\">\n                        <p>Experts specialized in corporate finance<\/p>\n                    <\/div>\n                <\/div>\n                            <div class=\"column\">\n                    <div class=\"content-number\">\n                        <div class=\"sub-number\">\n                                                            <span class=\"prefix\">+<\/span>\n                                                        <span class=\"number\" data-number=\"100 \">0<\/span>\n                                                    <\/div>\n                        <p class=\"text\">assignments completed in 2023 for 50 loyal clients<\/p>\n                    <\/div>\n                    <div class=\"subtext\">\n                        <p>33% of these assignments focus on the strategic aspects of projects<\/p>\n                    <\/div>\n                <\/div>\n                            <div class=\"column\">\n                    <div class=\"content-number\">\n                        <div class=\"sub-number\">\n                                                        <span class=\"number\" data-number=\"23 \">0<\/span>\n                                                    <\/div>\n                        <p class=\"text\"><\/p>\n                    <\/div>\n                    <div class=\"subtext\">\n                        <p>new clients in 2023, 50% of which are mid-sized companies and large companies<\/p>\n                    <\/div>\n                <\/div>\n                    <\/div>\n    <\/div>\n    \n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">References<\/h2>\n\n\n    <div class=\"toggle-block \">\n        <div class=\"toggle-block-content \">\n                            <img decoding=\"async\" class=\"image\" src=\"https:\/\/althea-groupe.com\/wp-content\/uploads\/2024\/06\/References-Clients-Accompagnement-au-changement-Aldi-Althea-3.png\">\n                        <div class=\"toggle-content\">\n                <div class=\"header\">\n                    <div class=\"header-left\">\n                        <h3 class=\"title-toggle\">For a French company and global leader in small domestic equipment<\/h3>\n                        <p class=\"title-second-toggle\">Industry sector \u2013 \u20ac7.3B | 34,000 employees<\/p>\n                    <\/div>\n                    <div class=\"header-right\">\n                        <div class=\"arrow-btn square\"><img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/arrow-right-square-white.svg\"><\/div>\n                    <\/div>\n                <\/div>\n                <div class=\"content\">\n                    \n\n<p><strong>Context<\/strong><\/p>\n\n\n\n<p>In the context of the European ViDA directive, the client mandated the Alth\u00e9a and Fidal consortium to support them in their project to bring outgoing invoice flows into compliance: conducting regulatory monitoring in the countries where the group operates and drafting the specifications for the target platform (customer invoicing).<\/p>\n\n\n\n<p><strong>Project specificities and Alth\u00e9a&#8217;s added value<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Scope size subject to the ViDA directive<\/strong> in terms of the number of countries and entities<\/li>\n\n\n\n<li><strong>Heterogeneity of the accounting organization<\/strong> between entities (multiple SSCs, outsourcing, standalone entities, etc.)<\/li>\n\n\n\n<li><strong>Heterogeneity of the application scope<\/strong><\/li>\n\n\n\n<li><strong>Strong EDI footprint<\/strong> on invoice distribution<\/li>\n<\/ul>\n\n\n\n<p><strong>Services provided<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Regulatory monitoring<\/strong>: analyzing the level of maturity regarding electronic invoicing regulations in 28 countries<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Benchmarking:<\/strong> developing a shortlist of customer invoice dematerialization software vendors meeting SEB&#8217;s challenges<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Specifications:<\/strong> drafting the consultation file (core model, deployment, etc.) for the choice of the target customer invoice dematerialization solution<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Compliance with electronic invoicing reform<\/strong>: identifying gaps in processes, tools, and data between SEB&#8217;s current state and the requirements of the French reform<\/li>\n<\/ul>\n\n                <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"close-line\">\n            <div class=\"line-blue\"><\/div>\n            <div class=\"btn-close\">\n                <img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/close-white.svg\">\n            <\/div>\n            <div class=\"line-blue\"><\/div>\n        <\/div>\n    <\/div>\n    <style>\n       \n        .toggle-block .content {\n            display: none;\n        }\n        .toggle-block .content.open {\n            display: block;\n        }\n    <\/style>\n    \n\n    <div class=\"toggle-block \">\n        <div class=\"toggle-block-content \">\n                            <img decoding=\"async\" class=\"image\" src=\"https:\/\/althea-groupe.com\/wp-content\/uploads\/2024\/06\/shutterstock_1499939441-1-e1718296681507.png\">\n                        <div class=\"toggle-content\">\n                <div class=\"header\">\n                    <div class=\"header-left\">\n                        <h3 class=\"title-toggle\">For a French services company specializing in legal services, accounting, audit and financial consulting<\/h3>\n                        <p class=\"title-second-toggle\">Services sector \u2013 \u20ac1.8B | 21,000 employees<\/p>\n                    <\/div>\n                    <div class=\"header-right\">\n                        <div class=\"arrow-btn square\"><img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/arrow-right-square-white.svg\"><\/div>\n                    <\/div>\n                <\/div>\n                <div class=\"content\">\n                    \n\n<p>To modernize its information systems, the client launched a project to implement a new ERP to cover its financial processes. In this context, this leader in multidisciplinary services chose to implement the SAP S\/4 HANA solution to harmonize, streamline, and secure its financial flows. <\/p>\n\n\n\n<p><strong>Project specificities and Alth\u00e9a&#8217;s added value<\/strong><\/p>\n\n\n\n<p>The client called upon Alth\u00e9a&#8217;s services to support them during the testing phase. The objective is to guarantee the proper functioning of the new ERP and ensure consistency between the delivered functionalities and business needs. To achieve this, the client relied on:  <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Our testing strategy<\/strong><\/li>\n\n\n\n<li><strong>Our drafted test scripts<\/strong> for 17 SAP tiles<\/li>\n\n\n\n<li><strong>Our monitoring of testing<\/strong> and system adjustments.<\/li>\n<\/ul>\n\n\n\n<p>The client benefited from our tool-based and proven methodological approach, with an expert team for both the business side and IT implementation.<\/p>\n\n\n\n<p><strong>Services provided<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Drafting of <strong>test scripts<\/strong><\/li>\n\n\n\n<li><strong>Adjustment of test scenarios<\/strong><\/li>\n\n\n\n<li><strong>Facilitation of user acceptance testing (UAT) sessions<\/strong><\/li>\n\n\n\n<li><strong>Assistance to testers<\/strong> for tool onboarding<\/li>\n\n\n\n<li>Reporting on <strong>testing progress and monitoring test results<\/strong><\/li>\n\n\n\n<li><strong>Bug reporting<\/strong> and assessment of their criticality<\/li>\n\n\n\n<li><strong>Verification of corrections<\/strong> made<\/li>\n\n\n\n<li>Coordination with <strong>stakeholders for validation<\/strong><\/li>\n<\/ul>\n\n                <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"close-line\">\n            <div class=\"line-blue\"><\/div>\n            <div class=\"btn-close\">\n                <img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/close-white.svg\">\n            <\/div>\n            <div class=\"line-blue\"><\/div>\n        <\/div>\n    <\/div>\n    <style>\n       \n        .toggle-block .content {\n            display: none;\n        }\n        .toggle-block .content.open {\n            display: block;\n        }\n    <\/style>\n    \n\n    <div class=\"toggle-block \">\n        <div class=\"toggle-block-content \">\n                            <img decoding=\"async\" class=\"image\" src=\"https:\/\/althea-groupe.com\/wp-content\/uploads\/2024\/08\/References-Clients-Accompagnement-au-changement-Transport-Althea-6.png\">\n                        <div class=\"toggle-content\">\n                <div class=\"header\">\n                    <div class=\"header-left\">\n                        <h3 class=\"title-toggle\">For an international NGO<\/h3>\n                        <p class=\"title-second-toggle\">Non-profit sector | 6,500 employees<\/p>\n                    <\/div>\n                    <div class=\"header-right\">\n                        <div class=\"arrow-btn square\"><img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/arrow-right-square-white.svg\"><\/div>\n                    <\/div>\n                <\/div>\n                <div class=\"content\">\n                    \n\n<p>Our client wished to launch a digital transformation program, including numerous ongoing projects, impacting the necessary overhaul of the finance, procurement, and budget information system, which had become obsolete. The Finance Department teams manually perform many low-value tasks and wish to take advantage of this transformation to modernize business processes. <\/p>\n\n\n\n<p>The client is looking for an experienced partner to support them on this project at three levels:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>PMA for the review and optimization of Finance, Procurement, and Budgetary processes.<\/li>\n\n\n\n<li>PMA for the choice of the Finance and Procurement solution.<\/li>\n\n\n\n<li>PMA for the implementation of the selected solution.<\/li>\n<\/ul>\n\n\n\n<p><strong>Project specificities and Alth\u00e9a&#8217;s added value<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Business process expertise<\/strong>: a specialized Alth\u00e9a team improves and digitalizes Finance, Procurement, and Budget processes, providing solutions tailored to the client&#8217;s needs.<\/li>\n\n\n\n<li><strong>Tendering process<\/strong>: a professional, tool-based, and fair approach, allowing for the transparent and efficient selection of the future IS and integrator.<\/li>\n\n\n\n<li><strong>Support for related projects<\/strong>: expertise to integrate and manage related projects, ensuring their positive impact on the future IS.<\/li>\n\n\n\n<li><strong>PMA and collaborative management<\/strong>: Alth\u00e9a provides PMA for design, interfaces, and data migration, ensuring a competent, complementary, and cohesive project management team.<\/li>\n<\/ul>\n\n\n\n<p><strong>Services provided<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Analysis of finance, management control, and procurement processes<\/strong> to identify areas for improvement<\/li>\n\n\n\n<li><strong>Drafting of specifications<\/strong> and support in the RFI\/RFP process from the launch of the consultation to the choice of the vendor\/integrator pair<\/li>\n\n\n\n<li><strong>PMA for the deployment of the new finance &amp; procurement information system<\/strong>, from the design phase to the tool&#8217;s Go Live<\/li>\n<\/ul>\n\n                <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"close-line\">\n            <div class=\"line-blue\"><\/div>\n            <div class=\"btn-close\">\n                <img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/close-white.svg\">\n            <\/div>\n            <div class=\"line-blue\"><\/div>\n        <\/div>\n    <\/div>\n    <style>\n       \n        .toggle-block .content {\n            display: none;\n        }\n        .toggle-block .content.open {\n            display: block;\n        }\n    <\/style>\n    \n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Challenges<\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">    <div class=\"toggle-block \">\n        <div class=\"toggle-block-content no-image\">\n                        <div class=\"toggle-content\">\n                <div class=\"header\">\n                    <div class=\"header-left\">\n                        <h3 class=\"title-toggle\">Strategic Vision and Planning<\/h3>\n                        <p class=\"title-second-toggle\"><\/p>\n                    <\/div>\n                    <div class=\"header-right\">\n                        <div class=\"arrow-btn square\"><img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/arrow-right-square-white.svg\"><\/div>\n                    <\/div>\n                <\/div>\n                <div class=\"content\">\n                    \n\n<p>Define the strategic vision of financial processes, set objectives, integrate new technologies, and ensure compliance with the requirements of new regulations (EIR).<\/p>\n\n                <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"close-line\">\n            <div class=\"line-blue\"><\/div>\n            <div class=\"btn-close\">\n                <img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/close-white.svg\">\n            <\/div>\n            <div class=\"line-blue\"><\/div>\n        <\/div>\n    <\/div>\n    <style>\n       \n        .toggle-block .content {\n            display: none;\n        }\n        .toggle-block .content.open {\n            display: block;\n        }\n    <\/style>\n    <\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">    <div class=\"toggle-block \">\n        <div class=\"toggle-block-content no-image\">\n                        <div class=\"toggle-content\">\n                <div class=\"header\">\n                    <div class=\"header-left\">\n                        <h3 class=\"title-toggle\">Solution Assessment and Selection<\/h3>\n                        <p class=\"title-second-toggle\"><\/p>\n                    <\/div>\n                    <div class=\"header-right\">\n                        <div class=\"arrow-btn square\"><img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/arrow-right-square-white.svg\"><\/div>\n                    <\/div>\n                <\/div>\n                <div class=\"content\">\n                    \n\n<p>Identify pain points in current financial processes and select solutions adapted to the challenges.<\/p>\n\n                <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"close-line\">\n            <div class=\"line-blue\"><\/div>\n            <div class=\"btn-close\">\n                <img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/close-white.svg\">\n            <\/div>\n            <div class=\"line-blue\"><\/div>\n        <\/div>\n    <\/div>\n    <style>\n       \n        .toggle-block .content {\n            display: none;\n        }\n        .toggle-block .content.open {\n            display: block;\n        }\n    <\/style>\n    <\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">    <div class=\"toggle-block \">\n        <div class=\"toggle-block-content no-image\">\n                        <div class=\"toggle-content\">\n                <div class=\"header\">\n                    <div class=\"header-left\">\n                        <h3 class=\"title-toggle\">Implementation and Ongoing Support<\/h3>\n                        <p class=\"title-second-toggle\"><\/p>\n                    <\/div>\n                    <div class=\"header-right\">\n                        <div class=\"arrow-btn square\"><img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/arrow-right-square-white.svg\"><\/div>\n                    <\/div>\n                <\/div>\n                <div class=\"content\">\n                    \n\n<p>Effectively manage projects, guarantee the quality of solutions, and facilitate adoption with training and continuous support.<\/p>\n\n                <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"close-line\">\n            <div class=\"line-blue\"><\/div>\n            <div class=\"btn-close\">\n                <img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/close-white.svg\">\n            <\/div>\n            <div class=\"line-blue\"><\/div>\n        <\/div>\n    <\/div>\n    <style>\n       \n        .toggle-block .content {\n            display: none;\n        }\n        .toggle-block .content.open {\n            display: block;\n        }\n    <\/style>\n    <\/div>\n<\/div>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Contacts<\/h2>\n\n\n    <div class=\"listing-contacts\">\n                    <div class=\"single\">\n                <img decoding=\"async\" class=\"contact-icon\" src=\"https:\/\/preprod.althea-groupe.com\/wp-content\/uploads\/2024\/06\/BELLAICHE-David-1024x1024.jpg\">\n                <div class=\"in\">\n                    <div class=\"entete\">\n                        <p class=\"name\">David Bellaiche<\/p>\n                        <p class=\"fonction\"><\/p>\n                    <\/div>\n                    <div class=\"info\">\n                        <a href=\"tel:\"><\/a>\n                        <a href=\"mailto:\"><\/a>\n                    <\/div>\n                                    <\/div>\n                <a href=\"https:\/\/preprod.althea-groupe.com\/contactez-nous?objet=business\" class=\"link-contact\">CONTACT<\/a>\n            <\/div>\n                    <\/div>\n    \n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Your frequently asked questions about the digital transformation of finance departments<\/h2>\n\n\n    <div class=\"toggle-block \">\n        <div class=\"toggle-block-content no-image\">\n                        <div class=\"toggle-content\">\n                <div class=\"header\">\n                    <div class=\"header-left\">\n                        <h3 class=\"title-toggle\">What are the main benefits of digital transformation for a Finance department?<\/h3>\n                        <p class=\"title-second-toggle\"><\/p>\n                    <\/div>\n                    <div class=\"header-right\">\n                        <div class=\"arrow-btn square\"><img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/arrow-right-square-white.svg\"><\/div>\n                    <\/div>\n                <\/div>\n                <div class=\"content\">\n                    \n\n<p>The digital transformation of the finance function brings high added value by automating repetitive and low-value tasks, allowing accounting and finance teams to focus on analysis and business partner missions. The use of digital tools considerably improves operational efficiency, particularly through the automation of accounting management processes, the dematerialization of invoices, and the optimization of management control. <\/p>\n\n\n\n<p><strong><a href=\"https:\/\/althea-groupe.com\/nos-solutions\/finance\/pilotage-de-la-performance\/\">Performance management<\/a>, moreover, becomes more agile thanks to the use of real-time data and the provision of dynamic dashboards.<\/strong> Digitalization also allows for better risk management, particularly against fraud risks, while improving the quality of financial information and effective communication between different company departments. CFOs can thus play a more strategic role in decision-making and the development of new business models. <\/p>\n\n                <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"close-line\">\n            <div class=\"line-blue\"><\/div>\n            <div class=\"btn-close\">\n                <img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/close-white.svg\">\n            <\/div>\n            <div class=\"line-blue\"><\/div>\n        <\/div>\n    <\/div>\n    <style>\n       \n        .toggle-block .content {\n            display: none;\n        }\n        .toggle-block .content.open {\n            display: block;\n        }\n    <\/style>\n    \n\n    <div class=\"toggle-block \">\n        <div class=\"toggle-block-content no-image\">\n                        <div class=\"toggle-content\">\n                <div class=\"header\">\n                    <div class=\"header-left\">\n                        <h3 class=\"title-toggle\">How long does it take to successfully transform a Finance department digitally?<\/h3>\n                        <p class=\"title-second-toggle\"><\/p>\n                    <\/div>\n                    <div class=\"header-right\">\n                        <div class=\"arrow-btn square\"><img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/arrow-right-square-white.svg\"><\/div>\n                    <\/div>\n                <\/div>\n                <div class=\"content\">\n                    \n\n<p>The duration of a successful digital transformation largely depends on the company&#8217;s initial digital maturity level and the scale of the projects to be implemented. A digital transformation of the finance function includes, in any case, several phases: <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Needs analysis<\/strong><\/li>\n\n\n\n<li><strong>Implementation of information systems<\/strong><\/li>\n\n\n\n<li><strong>Change management support<\/strong><\/li>\n\n\n\n<li><strong>Process optimization throughout the value chain<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The adoption of new technologies such as cloud, big data, and artificial intelligence are key factors that can impact project duration. Expert support allows for the acceleration of this transformation by identifying key challenges and defining a roadmap adapted to the specificities of each organization. <\/p>\n\n                <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"close-line\">\n            <div class=\"line-blue\"><\/div>\n            <div class=\"btn-close\">\n                <img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/close-white.svg\">\n            <\/div>\n            <div class=\"line-blue\"><\/div>\n        <\/div>\n    <\/div>\n    <style>\n       \n        .toggle-block .content {\n            display: none;\n        }\n        .toggle-block .content.open {\n            display: block;\n        }\n    <\/style>\n    \n\n    <div class=\"toggle-block \">\n        <div class=\"toggle-block-content no-image\">\n                        <div class=\"toggle-content\">\n                <div class=\"header\">\n                    <div class=\"header-left\">\n                        <h3 class=\"title-toggle\">What new skills are needed for a digitalized Finance department?<\/h3>\n                        <p class=\"title-second-toggle\"><\/p>\n                    <\/div>\n                    <div class=\"header-right\">\n                        <div class=\"arrow-btn square\"><img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/arrow-right-square-white.svg\"><\/div>\n                    <\/div>\n                <\/div>\n                <div class=\"content\">\n                    \n\n<p>The profile of the Chief Financial Officer and their teams is evolving considerably with the <a href=\"https:\/\/althea-groupe.com\/nos-solutions\/innovation\/ia-data-et-finance\/\">digitalization of finance<\/a>. Beyond accounting and financial fundamentals, employees must develop skills in digital technology, data analysis, and digital project management. Mastery of digital platforms and cloud solutions is becoming essential to optimize data usage and improve reporting quality.  <\/p>\n\n\n\n<p>Regarding soft skills, financial teams must also possess <strong>skills in change management and leadership<\/strong> in transformation to support the digitalization of processes. The ability to anticipate market developments, analyze the impacts of digitalization, and <strong>develop a strategic vision<\/strong> is crucial. The modern Chief Financial Officer must thus combine traditional financial expertise and digital skills to ensure an effective and sustainable transformation of their function.  <\/p>\n\n                <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"close-line\">\n            <div class=\"line-blue\"><\/div>\n            <div class=\"btn-close\">\n                <img decoding=\"async\" src=\"\/wp-content\/themes\/althea\/images\/close-white.svg\">\n            <\/div>\n            <div class=\"line-blue\"><\/div>\n        <\/div>\n    <\/div>\n    <style>\n       \n        .toggle-block .content {\n            display: none;\n        }\n        .toggle-block .content.open {\n            display: block;\n        }\n    <\/style>\n    ","protected":false},"author":10,"featured_media":19001,"parent":19119,"menu_order":4,"template":"","class_list":["post-19000","solution","type-solution","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Operational Excellence for the Finance Function - Alth\u00e9a PREPROD 2.0<\/title>\n<meta name=\"description\" content=\"Alth\u00e9a&#039;s experts support you in the digital transformation of finance departments through digital solutions.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Operational Excellence for the Finance Function - Alth\u00e9a PREPROD 2.0\" \/>\n<meta property=\"og:description\" content=\"Alth\u00e9a&#039;s experts support you in the digital transformation of finance departments through digital solutions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/\" \/>\n<meta property=\"og:site_name\" content=\"Alth\u00e9a PREPROD 2.0\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-30T06:34:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/preprod.althea-groupe.com\/wp-content\/uploads\/2024\/07\/Excellence-operationnelle-fonction-finance.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/\",\"url\":\"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/\",\"name\":\"Operational Excellence for the Finance Function - Alth\u00e9a PREPROD 2.0\",\"isPartOf\":{\"@id\":\"https:\/\/preprod.althea-groupe.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/preprod.althea-groupe.com\/wp-content\/uploads\/2024\/07\/Excellence-operationnelle-fonction-finance.jpg\",\"datePublished\":\"2024-07-12T13:47:43+00:00\",\"dateModified\":\"2026-07-30T06:34:39+00:00\",\"description\":\"Alth\u00e9a's experts support you in the digital transformation of finance departments through digital solutions.\",\"breadcrumb\":{\"@id\":\"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/#primaryimage\",\"url\":\"https:\/\/preprod.althea-groupe.com\/wp-content\/uploads\/2024\/07\/Excellence-operationnelle-fonction-finance.jpg\",\"contentUrl\":\"https:\/\/preprod.althea-groupe.com\/wp-content\/uploads\/2024\/07\/Excellence-operationnelle-fonction-finance.jpg\",\"width\":800,\"height\":800},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/preprod.althea-groupe.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Corporate Finance\",\"item\":\"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/finance\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Operational Excellence for the Finance Function\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/preprod.althea-groupe.com\/en\/#website\",\"url\":\"https:\/\/preprod.althea-groupe.com\/en\/\",\"name\":\"Alth\u00e9a PREPROD 2.0\",\"description\":\"Cabinet de conseil expert des fonctions support\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/preprod.althea-groupe.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Operational Excellence for the Finance Function - Alth\u00e9a PREPROD 2.0","description":"Alth\u00e9a's experts support you in the digital transformation of finance departments through digital solutions.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Operational Excellence for the Finance Function - Alth\u00e9a PREPROD 2.0","og_description":"Alth\u00e9a's experts support you in the digital transformation of finance departments through digital solutions.","og_url":"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/","og_site_name":"Alth\u00e9a PREPROD 2.0","article_modified_time":"2026-07-30T06:34:39+00:00","og_image":[{"width":800,"height":800,"url":"https:\/\/preprod.althea-groupe.com\/wp-content\/uploads\/2024\/07\/Excellence-operationnelle-fonction-finance.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/","url":"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/","name":"Operational Excellence for the Finance Function - Alth\u00e9a PREPROD 2.0","isPartOf":{"@id":"https:\/\/preprod.althea-groupe.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/#primaryimage"},"image":{"@id":"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/#primaryimage"},"thumbnailUrl":"https:\/\/preprod.althea-groupe.com\/wp-content\/uploads\/2024\/07\/Excellence-operationnelle-fonction-finance.jpg","datePublished":"2024-07-12T13:47:43+00:00","dateModified":"2026-07-30T06:34:39+00:00","description":"Alth\u00e9a's experts support you in the digital transformation of finance departments through digital solutions.","breadcrumb":{"@id":"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/#primaryimage","url":"https:\/\/preprod.althea-groupe.com\/wp-content\/uploads\/2024\/07\/Excellence-operationnelle-fonction-finance.jpg","contentUrl":"https:\/\/preprod.althea-groupe.com\/wp-content\/uploads\/2024\/07\/Excellence-operationnelle-fonction-finance.jpg","width":800,"height":800},{"@type":"BreadcrumbList","@id":"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/corporate-finance\/operational-excellence-for-the-finance-function\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/preprod.althea-groupe.com\/en\/"},{"@type":"ListItem","position":2,"name":"Corporate Finance","item":"https:\/\/preprod.althea-groupe.com\/en\/nos-solutions\/finance\/"},{"@type":"ListItem","position":3,"name":"Operational Excellence for the Finance Function"}]},{"@type":"WebSite","@id":"https:\/\/preprod.althea-groupe.com\/en\/#website","url":"https:\/\/preprod.althea-groupe.com\/en\/","name":"Alth\u00e9a PREPROD 2.0","description":"Cabinet de conseil expert des fonctions support","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/preprod.althea-groupe.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/preprod.althea-groupe.com\/en\/wp-json\/wp\/v2\/solution\/19000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/preprod.althea-groupe.com\/en\/wp-json\/wp\/v2\/solution"}],"about":[{"href":"https:\/\/preprod.althea-groupe.com\/en\/wp-json\/wp\/v2\/types\/solution"}],"author":[{"embeddable":true,"href":"https:\/\/preprod.althea-groupe.com\/en\/wp-json\/wp\/v2\/users\/10"}],"version-history":[{"count":3,"href":"https:\/\/preprod.althea-groupe.com\/en\/wp-json\/wp\/v2\/solution\/19000\/revisions"}],"predecessor-version":[{"id":20430,"href":"https:\/\/preprod.althea-groupe.com\/en\/wp-json\/wp\/v2\/solution\/19000\/revisions\/20430"}],"up":[{"embeddable":true,"href":"https:\/\/preprod.althea-groupe.com\/en\/wp-json\/wp\/v2\/solution\/19119"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/preprod.althea-groupe.com\/en\/wp-json\/wp\/v2\/media\/19001"}],"wp:attachment":[{"href":"https:\/\/preprod.althea-groupe.com\/en\/wp-json\/wp\/v2\/media?parent=19000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}