Finance GCC As a Service (FaaS)

A Finance Global Capability Center (GCC) for a multinational company (MNC) centralizes finance functions such as accounting, financial reporting, tax compliance, and treasury operations. Located in regions with cost benefits and skilled professionals, a Finance GCC aims to optimize financial processes, enhance control, and drive efficiency. This strategic move enables MNCs to leverage global talent, reduce operational costs, and ensure compliance with financial regulations.

What's in it for YOU

  • Location Study & Selection

  • Talent Acquisition

  • Shared Services Engagement

  • Design & Drive Model

  • Process Maturity Assessment

Strategy

Importance

Phases

  • Agility & Innovation Hub

  • Cost Arbitrage Savings

  • Competitive Advantage

  • Access to Expert Talent Pool

  • Business Continuity Planning

  • Assessment

  • Planning & Strategy Layout

  • Implementation

  • Optimization

  • Sustainment

Benefits

Outcomes

Change Management

  • Knowledge Transferring

  • Agile Methodologies

  • Data Analytics

  • Process Standardization

  • End-to-End GCC Formation

  • Scalability, Cost Savings, ROI

  • Operational Excellence

  • Resource Utilization

  • Centralized Operations

  • Enhanced Capabilities

  • Feedback Channels

  • Progress Monitoring

  • Training and Support

  • Employee Involvement

  • Transparent Communication

With a strategic approach of driving a Finance Global Capability Center, MNCs can enhance their financial operations, drive cost efficiency, and maintain compliance, ensuring long-term success and competitiveness in the global market.

Bottom Line

Risk & Governance

  • Policy Implementation

  • Roles & Responsibilities

  • Integrations & Data Security

  • Culture-Fit Analysis

  • Compliance & Regulations

Tools

  • Feasibility Analysis Tools

  • Location Analysis Tools

  • Project Management Tools

  • Business Case Tools

  • Market Research Tools