Wavestone, A Finance, Risk and Procurement Transformation Specialist
Finance, HR, Risk, and Purchasing departments are evolving to meet business changes, regulatory compliance, digitalization, and data-driven processes. With Consulting Finance, Wavestone supports these transformations effectively.
From opportunity analysis to operational implementation, our multidisciplinary teams deliver tailored solutions, combining functional best practices, sector-specific expertise, and technological knowledge to ensure successful transformation.
A Multi-Faceted Expertise in Consulting Finance
Our experts support your transformation projects in Finance, HR, Risk & Purchasing:
Working closely with finance departments and leveraging technology to put data at the heart of their business, we support our customers in their most complex transformations.
- Leverage ERP changes (like S/4 Hana) to simplify, standardize and automate financial workflows, and to consolidate data for performance management, risk detection and decision support…
- Turn Controlling into a business driver: embrace data, equip with an agile EPM (SAP, Board, Oracle, Anaplan, Onestream, Tagetik, etc.), rethink budget processes and forecasting models, to increase the company’s ability to anticipate and react
- Embed CSR in corporate management and make the finance department a “sustainable business partner” for business lines, alongside the CSR department.
- Restructure Finance on a global scale, design and implement new-generation Global Business Services (GBS) and Shared Services Centers (SSC).
- Implement accounting standards and local and international regulatory changes (e.g. CSRD, dematerialization) by maximizing project investments and benefits beyond strict compliance.
- Inspire or boost the dynamic for continuous improvement of key processes, by coupling lean and digital and supporting skills upgrades: Fast close, Order to Cash (O2C), Procure to Pay (P2P), Record to Report (R2R), AI, Process mining, etc.
HR professionals have become strategic partners, responsible for employee experience and acting as managers’ coaches. We believe their major challenges are:
- Adapting to new requirements
- Helping teams cope with transformation
- Fostering employees’ social, societal and environmental commitment and supporting their personal development
Wavestone can help you meet these challenges with proven expertise and innovative solutions:
- HR roles – We address complex issues such as employer branding, employee retention and development, job and career management, and social dialogue.
- Learning & Development– We support major transformation programs through digital pedagogical engineering, innovative tools and feedback from corporate universities/academies.
- Digital HR– We help you draw up strategic roadmaps, select and implement HRIS solutions.
- AI & HR Data – We assist with data structure, reliability, enhancement and governance to help you make the right decisions.
- Change Management – We ensure the success of cultural, digital, functional or environmental transformations affecting human resources.
We are ready to help you transform your HR function to meet the challenges of today and tomorrow.
Thanks to our broad spectrum of experience, we are involved at every stage of the purchasing process:
- Organization – We design Purchasing function transformation roadmaps, integrating processes, IS and organizational aspects, as well as adoption strategy.
- Technology & Data – We frame, design and deploy Purchasing IS (Source-to-Contract), improve supplier relationship management and risk management (SRM), and work to enrich and enhance the reliability of fundamental Purchasing data (supplier repositories, contracts, segmentation) to take full advantage of new technologies, including artificial intelligence.
- Contract Management – We help you choose and deploy solutions to manage contracts and their data. We design targeted workflows from contract preparation, validation, electronic signature and commitment management, right through to renewal or end-of-life. We set up Contract Manager organizations.
- Responsible Purchasing – We carry out CSR maturity diagnostics and risk analyses, provide support in obtaining the RFAR label, decarbonize purchasing and analyze the impact of CSRD on governance, tools and processes.
Our latest impact
Explore our latest thoughts and insights and discover our clients’ most recent success stories.
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Insight
Mandatory electronic invoicing for businesses: Public or private platform, what to choose?
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