How we helped
Overview
A $4 billion global manufacturer of recreational boats, engines, and accessories sought to improve its finance operating model after divesting non-core businesses to focus on its marine strategy. The finance organization was highly decentralized, with processes and systems fragmented due to approximately 50 prior acquisitions that had not been fully integrated. The company aimed to achieve significant cost savings and improve efficiency across its finance function.
AlixPartners conducted a five-week Finance QuickStrike® assessment, designing a clean-sheet service delivery model that leveraged shared services, outsourcing, and centers of excellence. The team evaluated key finance processes, including Order-to-Cash, Procure-to-Pay, Record-to-Report, and FP&A, to identify opportunities for process improvement and cost reduction. This approach enabled the company to streamline and rationalize more than 15 systems, driving measurable improvements in operational agility.
The transformation delivered $8 million in savings through operating model optimization and an additional $3 million via targeted process automation. By consolidating systems and standardizing processes, the company enhanced productivity and created a more agile technology landscape, positioning itself for sustained financial and operational success.