CFOs who work with Strafford can anticipate improvements in these key areas:
- Time: Measurably improving the time to close and to budget and forecast, leaving more time for analysis.
- Process: Becoming more efficient and effective, while augmenting compliance requirements and diversification of knowledge.
- Quality: Making more kinds of data available, and ensuring it comes from a central, trusted repository.
- Delivery and Access: Increasing options for getting and delivering data to users.
We distinguish ourselves by offering our clients direct guidance throughout technology selection, scoping, and implementation road mapping to ensure success. The Strafford methodology is to take an exceptional approach to all our projects by focusing on the business user’s process and productivity.
Our successful Front-to-Back approach is multi-phased with incremental releases of functionality. This helps business users participate actively and leverage their acquired knowledge of the tool. This leads to faster productivity and decreasing risk of budget/timeline overruns.
Our Agile and Iterative Multi-phased Approach
- New Business Process Design
When implementing change in an organization, a correct approach to new business process is critical. This is a key component of the implementation that often gets missed. Often we find that our client’s current business process has evolved over the years and they don’t have time to think about ways of improving the process. At the same time, existing technology has limitations that may prevent “best practice” from being realized.
- Prototyping and Early Application Build
Modern technology can support rapid application development so that business users can see their data in the application within weeks of initial build. There is no substitute for business users reviewing their data in a new application. Once initial validation has been completed, the development staff has a perfect window to begin layering in more complex logic, detailed input templates and necessary reports. With modern application builds, all of these areas depend upon a strong validated design of the application.
- Iterative/Spiral Approach
While many implementation methodologies recommend long periods of requirements and design, we are confident that business users would rather see their application than read about it. After initial build is complete, users can see the additional requirements layered into the application as the build proceeds. This provides a solid mitigation to the risk of “Build it and they will come” methodology all too often prevalent in technology implementation.
- Business User Engagement
There is no better way to implement business process or systems change than by ensuring significant business user engagement. Strafford prefers to have business users involved before, during and after any engagement. We build new process and systems for the business users, so we encourage their involvement throughout the process.
- Knowledge Transfer and Mentoring of Client Staff
Our entire approach is centered on ensuring that client staff get the right knowledge, perspective and hands-on work to be 100% proficient with their new tool. While the involvement of the users early in the process is crucial to success, their involvement during the process can be just as important. Our engagements are designed to ensure significant knowledge transfer and mentoring throughout the process to facilitate ongoing active administration of any process or system once our engagement is over.
Strafford Technology is a consultancy company that specializes in Enterprise Performance Management (EPM) – planning and budgeting, forecasting, consolidation and reporting, and financial analytics. We also have deep expertise in the related components of the EPM ecosystem, including data integration, business intelligence and enterprise resource planning (ERP). We help our clients create new business processes, select the right technology, build a solution roadmap, and then implement and support their vision.