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We seek to apply cross-industry leading practices across all core Finance areas, and to standardise and simplify Finance processes

Programme Overview

The Finance Transformation Programme is responsible for leading a programme of change to realise the College’s operational excellence agenda within the Finance function.  This includes the development and implementation of process, system and organisational changes which improve Finance efficiency, effectiveness and service while remaining compliant with our statutory and regulatory requirements.

We seek to apply cross-industry leading practices across all core Finance areas, and to standardise and simplify Finance processes to deliver a resilient and high performance organisation, providing the advice and services the College requires in a timely and effective manner.

Current projects

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Buyer Process Optimisation

A review of the current support model for the buying process, to deliver a range of process improvements, improve process efficiency and reduce external spend.

Clean desk with monitors, keyboard, mouse, telephone and intrays

Operational Management

An analysis of the current state of the Finance team from an Operational Management perspective, to deploy improvements and to ensure that these changes are embedded and sustained.

Stack of coins

Internal Controls

An external review of the College’s current financial control framework, and the implementation of a wide range of controls improvements in both specific process areas and across the controls framework as a whole.

Current projects

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E-Invoicing Phase 2

The digitisation of the College’s remaining paper-based supplier invoicing, implementing a more frictionless and integrated process for these invoices to reduce operating costs and improve the service provided to both College users and suppliers.

Stone lions outside the Queen's Tower

Role Based Access Control (Finance Pilot)

The implementation of Role Based Access Control good practice within Central Finance for ICIS, laying the foundations for a wider cross-College RBAC project in the future.

Writing pad with graphs and notes

Process Metrics

The development of a range of process metrics across Finance Services, Procurement & Tax by which the efficiency, performance, progress and quality of those processes can be assessed.

Current projects

People working on PCs on a row of desks

Finance ASK Implementation

The delivery of various improvements to the Procure to Pay Helpdesk’s incident management system, and the extension of that system to other Finance teams (e.g. Finance Systems).

Row of PCs

Online Payments

Migrating the College's terminal and online card acquiring facilities, replacing point of sale machines and updating multiple card payment pages.

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