For Chief Financial Officers
Data and reports produced in OPX can support the work of the CFO with:
- Setting strategies to reduce the cost
- Managing financial and compliance risk
- Maximising and maintaining growth momentum
- Looking for economies of scale and valuable market challengers
- Outsourcing strategy and selling off low return business areas
Challenges & Solutions
How OPX can help
CFO Challenges | Requirements | How OPX can help |
---|---|---|
What is my enterprise cost profile and where are the largest sinks? | I need to quantify the components of my baseline costs and justify the value on money spent. | OPX can provide the data when added to a cost model of an organisational area, process, activity, product group, product, skill set, etc |
How well is my budgeting strategy being adhered to, and how appropriate is it? | I want to ensure money is being spent where it can deliver the best return. | OPX can show where more human resources were required, the benefit or not of RPA or new systems on throughput, quality and SLAs. |
Which areas are driving growth and how can I reinforce this growth? | I need to see where demand has a positive trend, see the nature of this demand and the teams involved. | OPX can show volumes per process or activity, and trends growth or cyclical in demand, also at a product or product group level allowing resource re-targeting and re-prioritising |
Are there any low value areas suitable for outsourcing? | When a high skill requirement or a low volume for non-key product lines is visible it could indicate outsourcing potential. | OPX can identify costly or low volume products or product groups or those with rare skills, when added to a cost profile the cost of products. |
How can I maximise the value I gain from an acquisition? | I need to minimise complexity from M&A. I need to ensure I protect the value and agility of acquired bodies. | OPX can provide data for detailed cost analysis by process and activity but also by product group or product allowing for better M&A pricing and planning. |