SureStep was engaged to assist with the architecture and systems development
for creating a unified financial issue platform.
- Six departments in the organization were leveraging different platforms, methods of reporting and reviewing financial items.
- Based on the result of one investigation, other teams were engaged (including in the same pool of teams identified) causing a large amount of rework and validation of issues.
- A lack of a common model for reporting and raising an issue in some instances delayed or prevented the right teams from being engaged earlier in the analysis of a problem reported which delayed the implementation of better defined financial controls.
Our team of solutions architects and GRC platform developers took to the task to construct a detailed "Day in the Life" model of each of the six teams involved and then designed a common data model and workflow for these teams.
As an end result of this implementation, we estimated that the team will save approx. 23% of investigation hours in leg work and analysis of financial items.