Corporate Finance Process Improvement

Asian Logistics Company

  • CHALLENGE

    An over-reliance on manual reporting and a slow month end closing process was proving to be a drain on resources and resulted in a lack of timely and accurate visibility on company performance.

  • EXECUTION

    Our Singapore based team conducted an intensive end-to-end financial process walkthrough to identify the critical inefficiencies and intervention needs.

  • OUTCOME

    The joint client and LanciaConsult team identified significant revenue leakage improvements, a strategy to accelerate the month end reporting cycle time, proposed resource optimisation, and a group financial consolidation enhancement plan.

Working with client teams to identify and resolve relevant challenges such as revenue leakage is always incredibly satisfying.— Chun Seong Lim, Managing Director