With a portfolio of 90 companies that were required to submit management accounts each month, the organisation was struggling to produce useful data used to track performance against deal qualification metrics.
The current process was mapped end to end uncovering a number of wasteful activities. Workshops with stakeholders enabled a prioritised set of requirements to be used to select a suitable technical solution. Suppliers and lawyers from Argentina and the US were managed through a 3 party contract. The solution was developed and delivered in releases.
3 days per week effort was saved following the on-time on budget implementation of a unique combination of a leading investment fund application and an online performance monitoring tool.
Key Skills Used:
Lean Six Sigma
Key Business Benefits:
Monthly management information is now collected in a standardised chart of accounts method across 90 portfolio companies
Using a simple upload tool, data is approved and portfolio performance can be measured against specific metrics for each company
Reporting is carried out within 3 days for all portfolio companies.