OFFICE OF THE CFO - FTI Consulting
OFFICE OF THE CFO - FTI Consulting
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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