Finance Transformation – Consulting Services

As part of EY’s FSO Consulting Services, we help clients transform their finance function to be a more effective partner to the business by providing change management consulting, creating insights to support strategic decisions, mitigate risk, and driving efficiency through technology innovation, process and reporting, and optimized controllership activities and managed services.

How EY can help with your finance transformation

The role and expectations of the finance function are ever-evolving through constant change and disruptive trends. As C-suite internal needs and external expectations skyrocket, organizations must turn to new thinking regarding the finance function to raise its ambition for the future or risk having it serve as a compliance exercise.

EY cutting-edge methodologies help clients stay on top of industry trends, drive value creation and enable growth, while concurrently maintaining regulatory compliance and promoting efficient processes and results. 

The EY approach to transform the finance function into a strategic business partner leverages emerging technologies to unlock the value of digital finance: advanced analytics and reporting, cloud and next-generation data. Our core offerings provide the ability for organizations to realize leading capabilities for their finance functions quickly and strategically in a global fast-paced business environment.

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➜   Financial Services

➜  EY Finance Consulting

➜  CFO Agenda

 

Latest thinking

Learn more about our thought leadership and transformation use cases. 

Embarking on a Finance Transformation journey can be daunting.

EY can help you navigate it.


Finance transformation solutions



Emerging trends in finance 

Today’s advancing technologies and forward-looking solutions are expanding the capabilities of the finance function. The EY Finance Transformation team has strategically developed core capabilities around several emerging trends and disrupters of the finance function, bringing the latest in innovation to financial institutions around the globe. 



Our latest thinking on finance transformation

Tax and Finance Operations Survey: How can tax and finance leaders build agile functions that thrive?

Tax and finance functions need to create agility and facilitate continuous transformation to deal with constant disruption and leverage AI.

Evaluating new reinsurance regulatory requirements: Why now?

Insurers should get ready for extra analysis and data needs due to new reinsurance regulatory requirements. Discover more about these changes.

Regulatory reporting: the issue with issues management

At the EY Regulatory Reporting Symposium, attendees shared reporting challenges and opportunities for improving issues management frameworks. Learn more.

How a finance data strategy can transform the insurance CFO’s role

Insurance CFOs can drive long-term value with a finance data strategy. Learn more.

Consolidated finance and regulatory data approach

This regulatory reporting brief is a view into the consolidated finance and regulatory data approach. Learn more in our full report.

Three critical areas of change faced by CAOs and Controllers

Finance function leaders confront the implications of the new administration, cyber breaches and a redefining of their roles.

How can CFOs be confident in value creation without confidence in reporting?

Investors seek a strong value story from leaders and confidence in delivery, but new EY research finds both investors and CFOs have their doubts.

How can the financial controller transform to shape the future with confidence?

The EY DNA of the Financial Controller Survey provides insights for financial controllers and senior finance leaders looking to drive success. Learn more.

Banking structure reports: what they are, why they matter

This regulatory reporting brief covers banking structure report basics, trends and industry challenges. Learn more in our full report.

FR 2052a: report evolution and key challenges

This regulatory reporting brief covers the evolution and challenges of the Complex Institution Liquidity Monitoring Report (FR 2052a). Learn more.

Empowering actuaries with low-code/no-code solutions for innovation

Low-code/no-code platforms are revolutionizing actuarial work by optimizing efficiency, governance, communication and innovation. Learn more

How cloud computing transforms actuarial modeling infrastructure

The rising importance of cloud computing in actuarial modeling infrastructure amidst new accounting and regulatory changes.

Why financial institutions should transform tax and finance functions

EY research shows banks, asset managers and insurance companies are reimagining their tax and finance functions. Read more.

EY 2023 Regulatory Reporting Target Operating Model Survey Report

Recent volatility in the banking industry has prompted increased regulatory scrutiny, driving regulatory reporting to center stage. Read more.

The future of finance: perspectives from embedded finance enablers

A market survey by Ernst & Young LLP (EY US) reveals opportunities for embedded finance providers, with benefits for customers and financial intermediaries. Read more.

How P&C insurance finance transformation can drive profitable growth

The Finance function of P&C insurers must transform. Read how prioritizing people, process and technology changes can drive operational agility.

    Financial services organizations must decide now to improve the finance function’s current capabilities and outcomes to bring better insights and P&L impacts to internal decision-makers and external stakeholders.

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