Client Result

Revamping revenue recognition to boost efficiency and insights

Overhauling outdated systems to drive financial insight and efficiency

people shaking hands over a desk

Revenue reimagined, results realized

One of the largest global insurance brokerages was grappling with outdated enterprise systems that made it difficult to estimate revenue. The existing solution, implemented to meet compliance standards, was unsustainable and lacked the necessary insight to support future growth. West Monroe stepped in, recognizing this was more than a technology issue. Over the course of a year, we partnered with the client to reimagine their revenue processes from end to end. Together, we reduced month-end close efforts by 70%, reclaimed 33% of finance team capacity for high-impact work, and enabled $500,000 in projected annual cost savings. With a new technology platform and insights-driven processes, the organization is better equipped to make timely, informed decisions that fuel future success.

  • Realize Faster Results_.svg
    70%

    less effort for month-end close activities, enabling faster results

  • Organization Efficiency_.svg
    33%

    increase in organizational efficiencies within the finance department

  • Cost Reduction.svg
    $500,000

    projected annual cost savings by decommissioning high-maintenance systems

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