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.

1 Yr

Digitalized with in 1 Year

3 Yrs

Enterprise Wide Digitalization achieved

Business impact

Since partnering with PM Power Consulting, the client (who is a Financial Services company) has observed a significant impact to their business across various KPIs. At a high level, above is a quick snapshot of the impact that the business has observed.

Company transforms itself to a Digital Business

Client is a Private Equity Finance Company with clients in diverse industries. Their main mission was to Go-Digital and transform the company into Digital Business

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.

Services Used:

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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.

Outcome Post Solution Implementation

Cycle time improvement

Cycle time improvement – in data analysis, insight reporting and decision making

Awareness

Awareness around the need to have a digital presence, understanding of essential skills & communication outreach with employees, investors and customers.

Investment increase

Investment increase in Opex to be fully digital in 3 years

Enterprise-wide Digital Transformation

Business impact

Company transforms itself to a Digital Business

The challenge

Services Used:

Experts Involved:

Approach and Solution

PM Power Consulting helps organizations achieve agility in design and delivery of software and services.

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