EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate.
At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.
Finance Transformation Emerging Trend: Resource and Cost Efficiency
InFinancial services
As the need and desire for a deliberate talent strategy continues to grow, businesses are shifting their focus to attracting and retaining top talent, analyzing financial resources and cost efficiency, and automating operational functions.
Financial services organizations have faced significant shifts in market dynamics, including margin pressure, the introduction of new competition from FinTech, and challenges on traditional revenue sources. Many of our clients are running outdated data and technology platforms hindering the quality of, and speed to, insights. In response, many institutions are improving their CFO level P&L reporting and agility to deep dive into lines of business, product and customer level insights and actionable levers of profitability.
EY Comply is a technology-enabled managed services platform that automates core data sourcing from multiple disparate systems, validates and cleanses that data, and then makes it available for critical functions across the client’s value chain.
EY Payroll Operate works through a single framework that scales with clients to transform and future-proof their payroll delivery system anywhere in the world, helping them take the next step in the digital evolution of payroll delivery.
As organizations transform so do the required technology skill sets and resourcing needs. The Finance Factory streamlines key processes across the requirements intake, development, testing and release lifecycle to meet the evolving technology and finance landscapes.
EY Comply is a technology-enabled managed services platform that automates core data sourcing from multiple disparate systems, validates and cleanses that data, and then makes it available for critical functions across the client’s value chain.
EY teams can help you reimagine your tax and finance operating model to keep pace with evolving regulation, technology and talent demands. Constantly adapting your own capabilities is challenging and costly. Instead, with EY TFO you can assist your finance and tax functions by utilizing our managed service, enabled through our significant investment in technology, people and process.
EY teams can help you reimagine your tax and finance operating model to keep pace with evolving regulation, technology and talent demands. Constantly adapting your own capabilities is challenging and costly. Instead, with EY TFO you can assist your finance and tax functions by utilizing our managed service, enabled through our significant investment in technology, people and process.
As organizations continue to face inevitable and unprecedented disruptions in the market, it is clear transformation is now a constant for all organizations. Transformation is as much a human and emotional challenge as it is a logical and rational challenge.
Digital Acceleration Academy is a global learning initiative to upskill organizations with emerging digital capabilities needed in today’s ever-changing working world.
