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OFFICE OF THE CFO - FTI Consulting

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CASE STUDIES<br />

FINANCE TRANSFORMATION AND IPO READINESS<br />

Global Hospitality Company<br />

On the heels of an international merger, acquisition by a private equity (PE) investor, and<br />

a restructuring that reduced headcount and relocated company headquarters, a global<br />

hospitality company engaged <strong>FTI</strong> <strong>Consulting</strong> to transform the finance organization and<br />

prepare for an initial public offering (IPO). Our professionals partnered with a team of new<br />

finance leaders to develop complex financial models, fulfill various interim management<br />

roles, execute communication and change management plans, and lead several financial<br />

system and process improvement initiatives. Throughout a resource constrained and<br />

segmented organization, the <strong>FTI</strong> <strong>Consulting</strong> team was instrumental in collaboratively driving<br />

improvements in the review, accuracy and timeliness of the financial consolidation and<br />

reporting process while leading the creation and standardization of key accounting policies<br />

and procedures. Our project management expertise was frequently tapped by the company<br />

to support high-impact enterprise wide initiatives, including a global financial systems reimplementation,<br />

finance organizational realignment and company-wide preparations for an<br />

IPO, global debt refinancing and tax restructuring. The value derived from our work has<br />

been demonstrated in efficiently upgrading the policies, processes and communications<br />

infrastructure, enabling the finance organization to drive corporate strategic initiatives in a<br />

cost-effective manner. Our colleagues continue to be agents of change to drive efficiency<br />

improvements while building a risk-aware culture.<br />

POST-MERGER INTEGRATION<br />

The Coca-Cola Company<br />

In 2010, the Coca-Cola Company announced that it would acquire its largest bottler,<br />

Coca-Cola Enterprises for approximately $12.3 billion. <strong>FTI</strong> <strong>Consulting</strong> provided merger<br />

communications and investor relations counsel to mitigate overall risk and help to advise<br />

The Coca-Cola Company in developing strategies to engage and communicate directly with<br />

key internal and external stakeholders throughout each phase of the transaction.<br />

FINANCIAL SYSTEM OPTIMIZATION<br />

Premier Jewelry Designer<br />

<strong>FTI</strong> <strong>Consulting</strong> was engaged by a premier luxury jewelry designer to assist both with business<br />

process improvement and finance department transformation. Our team developed critical<br />

solutions to improve upon organizational effectiveness in managing the “Order to Cash”<br />

cycle and helped the company increase customer service levels. Working capital management<br />

was improved, and inventory levels were reduced through diligent collaborative efforts<br />

between the <strong>FTI</strong> <strong>Consulting</strong> and management teams. The company ultimately was better<br />

positioned to use technology, had improved process responsiveness through the inclusion<br />

of best practices and introduced requisite discipline in key processes. The strategic vision for<br />

finance was embraced and the company is positioned for global expansion.<br />

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