Business Process Optimization

Business processes often become inefficient or ineffective as a result of mergers and acquisitions (M&A), new operating models, global expansion, and compliance requirements. Companies that regularly assess the performance of key processes in order to align them with changes in business strategy have a competitive edge. But cultural barriers, old habits, organizational silos, and disparate systems can slow the pace of process improvement.

Why MorganFranklin?

MorganFranklin helps organizations optimize existing processes and design new ones related to finance transformation, merger integration and consolidation, new compliance and regulatory requirements, international expansion, and IPO readiness. We also help companies build business cases for change, assess organizational readiness, and lead projects from assessment to implementation.

Our disciplined approach leverages Lean Six Sigma, total quality management (TQM), Balanced Scorecard, data quality management, project management, and other methodologies to help IT, finance, and operations departments eliminate unnecessary or redundant activities, streamline processes, and reduce complexity. We always focus on aligning desired process improvements with the optimal use of people and technology. Without this focus, process changes are unsustainable.

Capabilities

Operational Assessment: Assess performance management components at process, functional, or enterprise level and evaluate linkage to corporate goals and objectives.
Process Improvement and Re-engineering: Design, refine, and implement new financial, operations, and IT processes, including modeling, monitoring, and continuous improvement.
Organizational Alignment: Assess readiness to embrace and maintain business transformation initiatives and support delivery against those goals.
Roadmaps: Provide common vision for new operating models and determine management expectations for how quickly maturity can be reached.
Shared Services: Design or enhance shared services capabilities in order to maximize efficiencies and deliver more value across departments.