Monday, April 16, 2018

Finance Strategic Transformation Updates

Consultant Update


Deloitte and Accenture presented to the Finance Project Advisory Council (FPAC) this week, and we’re moving toward making a decision soon.

Other Activities

We’ve begun preliminary planning activities in partnership with internal audit for a project to revise financial internal controls as part of Finance Transformation.

In a related project, we’re working with OSP and the VPR to begin a process improvement project related to GA reconciliation and effort reporting on research programs.

Lean


The first Lean Fluency class was held on April 11, with great reviews from participants. Lean practices will be a big part of Finance Strategic Transformation -- opportunities are numerous for everyone in Finance to make a contribution. We hope everyone will take advantage of Lean Fluency classes (watch for more dates soon) to get familiar with Lean concepts as we think about how our work impacts others and how we can do our work better. 


Share your thoughts and questions about Finance Strategic Transformation:  Questions and comments are always welcome via our physical suggestion box in the Carruthers lobby or online suggestion box  Another option?  Email us at financetransformation@virginia.edu 



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