Finance Transformation & Strategy

The biggest impediment to a company’s future success is its past success.
Dan Schulman

Our team specialises in Finance Transformation and Improvement. We offer comprehensive design and implementation services for processes, data, systems, organisation, and controls for projects of any size. Our approach is practical, scalable, and tailored to meet our clients’ specific needs and timelines.

Organisation – Structure, Capabilities, Behaviours

We offer complete solutions for all organisational changes, whether driven by business transformation or other drivers within or external to the Finance function.

This could include improving the organisation structure and implementing changes such as setting up/improving shared services, outsourcing activities or establishing centres of excellence.

Our consultants cover all aspects, including internal capability assessments, external recruitment, ways of working, training, coaching, and activity and control migration.

Processes & Data

Whether it is the core transactional processes in Finance or those within Business Partnering, we offer comprehensive business process design from scratch or re-designing existing processes.

Our consultants have extensive experience in global process standardisation, working across multiple locations of all sizes. This gives us the industry best-practice knowledge to add value to any organisation, from start-up to multi-national in public, private or third sectors.

Having reviewed the process goals and process performance requirements, we design workflow/automation, systems/technologies, data, and operational and financial controls. Then, we review integration with other processes and identify and eliminate unnecessary process complexity to deliver a fit-for-purpose and efficient design.

Technology & Systems

We facilitate the implementation and transition to new or upgraded business software and technology. Our consultants work closely with users and the systems delivery team to ensure a successful implementation journey.

Risk & Control

We have extensive experience in effectively addressing risks and controls. We thoroughly analyse current controls to identify potential overlaps, gaps, or risks. In addition, we can conduct a comprehensive assessment of the control framework (including the Manual of Authorities) to ensure strong governance and efficiency across processes and business operations.

Our control design ensures compliance with regulations like Sarbanes-Oxley, CSRD ESG, or Dodd-Frank. We use industry best practices and our experience to provide up-to-date solutions with impactful outcomes.

If your organisation has faced control failures, we offer process risk assessments, re-design and deployment to ensure future effectiveness. We also work transparently with our clients’ external auditors to meet requirements. This process involves open communication and collaboration to ensure all necessary steps are taken to meet regulatory standards.

How can the Loughridge Transformations Models Work for Your Organisation?

Our consultants will leverage our unique, in-house-designed models depending on the improvement project. These models, developed with tried and tested techniques, are proven to deliver world-class outcomes. They are scalable and modular, working on minor improvements and complete end-to-end transformations, setting us apart from our competitors. Notably, we keep the use fit-for-purpose and pick and choose to suit our clients’ needs.

We excel in delivering solutions for our clients, whether at the client site or virtually, individually, or in teams. Working across multiple geographies, cultures, and time zones is second nature to the experienced consultants at Loughridge Transformations.

LT partnered with our team from early design through implementation on a project to achieve global alignment on Finance’s future “Ways of Working.” Jennifer and the team did a terrific job facilitating virtual and in-person workshops. Their expertise and experience in corporate finance added incredible value to the project.

Kari Ventura

Sr FD, Smith+Nephew – USA

LT provided us with strong project management skills and helped us communicate and integrate the changes with a large number of people within our Finance teams. Jennifer ensured that we captured and documented the actions needed for success, even looking forward beyond the implementation date, to ensure that we remained on track, with clear visibility of progress, ensuring that the business retained ownership and accountability.

Roddy Mackinnon

VP Controller EMEA, Smith+Nephew – UK

I recommend the team for their expertise in applying Lean Six Sigma methodology to optimise processes, propose IT solutions and consider wider change management.