Enterprise-wide Digital Transformation
Find out how our Consultants helped a Finance Company go digital in critical business areas of the enterprise over 1 year.
————-
A CASE STUDY
Year target to Go Digital
Years roadmap to fully Go Digital across the enterprise
Financial Services Company transforms itself to a Digital Business
Client is a Private Equity Finance Company with clients in diverse industries.
The Challenge
The Finance Company was looking to “go digital” over a 1 year period. Their main goal was to be seen as a Trusted Financier & Partner for small businesses in agriculture, microfinance and sustainable rural businesses.
Their main challenges were:
- Shifting people’s mindset from traditional ways of working
- Uncovering inefficiencies and consolidating processes
However, the leadership was absolutely committed to rally the organization to go Digital, putting them in a much better position to achieve their business goal in a year’s time.
Approach and Solution
Our Consultants facilitated the enterprise-wide Digital Transformation using a structured approach:
- Assessment of Current State and proposed a Target Digital State
- Assessment included understanding critical business functions & processes; people and their “digital mindset”; leadership and overall business goals
- Digital maturity assessment – at start of initiative & end
- Definition of the Target State
- State of practice and competitive analysis report with recommendations for “Going Digital” for their sector
- Design of Digitally enabled infrastructure and architecture
- Evaluation of tool for private equity investors
- End-2-end facilitation of transition of all existing data & workflows (on spreadsheets) to the tool. Worked with tool vendor SME’s & various departments in-house.
- Building a digital communication toolkit
- Developing a Digital Communication Strategy
- Evaluating cyber security policy and revamp of the same.
- Facilitated co-creation of digital strategy.
- Transition of Digital Plan to client & Formal transformation handover.
The Outcome
Digital Transformation Experts
Talk to our experts to find out how you can accelerate your business through Digital Transformation Consulting Services.
DIGITAL TRANSFORMATION Blogs
CHOW #297 – An Architect’s Dilemma
Mohan, senior IT architect at ABC Bank, was looking at the cloud bills for the first quarter for one of the bank’s newest payments transaction software he helped architect and design. He simply could not believe his eyes and was aghast at the high dollar figure in...
Digitally Speaking: Think like a CEO, Think DevSecFinOps
Among the many responsibilities the CEO of a company has, capital allocation is a critical one. In fact, some of the best CEOs have excelled at this function – think Warren Buffet, Jeff Bezos and their ilk. Efficiently allocating the firm’s financial resources to...
Digitally Speaking: Innovation and Change
We know change drives innovation, and innovation in turn drives change. Over the past few decades we have seen every industry evolve through this virtuous cycle, trying to keep up with it by taking advantage of the key innovations on offer (industry x.0). We are now...
More Success Stories
LET'S START A CONVERSATION
PM Power Consulting
PM Power Consulting helps organizations achieve agility in design and delivery of software and services.
SERVICES
INSIGHTS
Corporate Office
PM Power Consulting Pvt. Ltd.
354/3, I Cross, I Block, Jayanagar
Bengaluru, India
PIN Code: 560 011
Phone: +91 80 2657 5292
email: info@pm-powerconsulting.com
FOLLOW US