Luxury vacation club
Streamlining the Budgeting and Accrual Process
Challenge + Opportunity
The luxury travel brand had poor visibility into timely budget and forecast reports, which prevented management from having a clear view of its budget status resulting in late payments to vendors.
Solution Highlights
Our management consulting team performed a gap analysis, evaluated procure-to-pay solutions, and recommended new processes.
Key Benefits
We significantly reduced procurement steps, and provided new reporting capabilities that show detailed visibility into corporate spend.