CFO Advisory Services

Our CFO Advisory Services help financial management leaders address critical challenges, meet pressing priorities, and drive their organizations sustainably forward. We do this through in-depth industry expertise, data-driven insights, innovative technologies, and more.

Key services include:

• CFO Roadmap and Strategy: Partner with the CFO to drive alignment with the organization’s strategic objectives, develop a tailored, five-year CFO strategic roadmap, conduct a financial management maturity assessment
• Regulatory Compliance, Risk and Audit Remediation: Improve internal controls and financial business processes, assess and implement findings from internal and independent audits, perform risk assessments, develop and implement corrective action plans
• Financial Analytics: Automate financial reporting between financial and information systems, conduct performance management reporting, implement analytical tools and automation, including robotic process automation and artificial intelligence

• Operational Improvement: Conduct a budget formulation and planning assessment, implement automation and workflow analysis, provide technology and back-office modernization recommendations, develop an intelligent automation and data analytics strategy
• Financial Reporting Services: Assess processes and challenges hindering compliance and reporting, implement and/or improve ESG data collection and reporting, enhance financial analysis and fact-based business decision-making, ensure consolidated and detailed reporting, implement Enterprise Performance Management Board

• Confidently develop and execute your financial management strategy, operating model, and roadmap
• Visualize and manage increasingly complex, interconnected financial systems and processes
• Accelerate shared value realization to include value to all stakeholders across the enterprise
• Empower financial management professionals within the organization to become strategists and innovators
• Ensure open collaboration, reduce complexity, and improve trust, transparency, and communication

Cases in point

CGI business consultants collaborate with industry leaders to help them overcome the challenges they face. Here are examples of proven use cases where CGI has supported clients and their journeys from strategy, to operating model, to delivery of results.

Modernization of core financial management system and processes for large government agency

• Business analysis and business process redesign, implementation of a new financial system along with business intelligence tools for financial reporting, day-to-day program management, and strategic leadership and advisory support
• Improved strategic and daily decision-making for CFO and other senior leadership through enhanced financial management data analytics, improved data management, automated data reconciliation, and consolidated financial statements

Digitization of financial controls for leading communications company

• Use of emerging technologies (enterprise performance management, data preparation, data visualization, robotic process automation, etc.) to digitize the entire finance function
• Optimized processes enabling better data access and improved sharing of results for 450+ controllers, along with shorter, more agile, and streamlined reporting and budgeting cycles

Support for critical financial management activities at U.S. federal agency

• Implementation of key business processes, support for daily financial operations and transactional processing, and planning/execution of financial management and system training
• Process automation significantly reduced dependency on manual processes, shortened time required to reconcile and resolve accounting differences, and decreased risk of reporting errors

Automated process controls for major European aeronautics firm

• Deployment of 17 critical points of control and 45 legal entities across 14 countries
• Increased financial transaction security, faster audit processes, greater traceability and transparency