Reuters, a world leader in information services, recognized the need to fundamentally transform its finance function to better meet the needs of the business and to reduce costs. The finance transformation program delivered such significant benefits it made headlines across Reuters worldwide.

“Atos Consulting fielded a very strong and balanced team and committed them to our program. Their global team quickly moved us from thinking to doing. They understood our business and the challenges we faced – and delivered solutions. They implemented rapidly, integrating all aspects of change: people, process and technology.”

Ken Thomson, Director of Global Business Services, Reuters.

Business Challenges

• Need to reduce duplication and too many individual finance systems.
• Reduce inconsistency in data and processing standards.
• Reduce costs and manage change.

Solutions

• Support from business case to implementation and realization.
• Four regional business service centers, using standard finance processes and Oracle 11i, were established to serve Reuters' offices in over 90 countries.
• Design and delivery of an integrated approach, encompassing program management, finance, Oracle applications, process reengineering, management information, change management and business services.

Benefits

• More decision support from local finance.
• More timely, relevant management information and reporting.
• Finance re-aligned with new organizational structure, providing flexibility to integrate acquisitions faster.
• Increased productivity across the organization. 
• Targeted savings have been exceeded.
   

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