Finance and Accounting Services for a Law Firm

The Client

The client is a premium law firm that takes on challenging legal assignments for global companies, financial institutions and governments.

Business Need

The client sought to streamline their fragmented and decentralized Finance and Accounting (F&A) functions, cure fractional FTEs and address difficulties in tracking tasks.

Challenge
  • Complex organizational structure
  • Absence of workflow
  • Decentralized and fragmented manner of working
Our Solution

Standardization and consolidation of processes across multiple locations

  • Consolidation of FTEs to Shared Service Center (SSC)
  • Implementation of workflow for better tracking of tasks
  • Improvement in quality and turnaround of tasks
  • Streamlined processes and reverse knowledge transfer for sharing best practices
Benefits
  • Faster and easier decision making
  • Enabled faster data turnaround Reduction in FTE