The Client

Our client serves customers throughout the world with healthcare products, coatings and chemicals. The company currently employs approximately 68,000 people in almost 75 countries. The client is a leading producer of paints, finishes, stains, and synthetic resins for industrial applications, professional painters, and the do-it-yourself sector.

Business Challenges

• Improve the quality of the reporting
• Reduce the delivery time of Year-End reporting

Our Solution

• The Fast Close project was structured in a number of clusters to analyze finance issues
• Design solutions and best practices per cluster
• Subsequently solutions and best practices were rolled out per organizational entity, with emphasis on improving business processes and participation of client’ employees.

The Results

• Via two quantum leaps Year-End reporting delivery time was reduced by 40% whilst significantly reducing work in overtime.