Outsourcing of IT financial management: Setup of a finance PMO hub
How can the financial management of an IT project portfolio be structured at the scale of an international Business Unit?
Our client, a global leader in healthcare, relies on its digital BU to manage the IT projects of its support functions.
However, the financial data provided only offers a high-level financial view of the project portfolio, thereby limiting management effectiveness.
To address this issue, the MEOTEC teams supported them in outsourcing the financial management of its Digital Corporate Functions BU.
Objectives:
– Ensure data reliability and communicate results
– Standardize and secure financial processes
– Support hashtagProductOwners in budgeting exercises and strategic decisions.
– Support team upskilling
– Strengthen governance through a dedicated hashtagPMO Finance hub
Results achieved:
– Creation of a financial best practices guide
– Creation of a single, reliable database
– Implementation of consolidated monthly reporting
– Training of 60+ project managers on financial challenges
– Implementation of a data quality audit
Need operational support for your financial challenges?
Contact us directly on our LinkedIn page MEOTEC!