How Kforce talent solutions transformed a financial organization

One of the world’s largest providers of global, cloud-based Human Capital Management solutions, with 160 locations in the U.S. alone and more than 52,000 employees worldwide, knew they needed to downsize staff and outsource much of their finance and accounting operations to reduce costs.

At the same time, the company also understood it needed to upgrade talent within its in-house financial roles to stay ahead of the competition.

73% of employers are having a difficult time finding skilled candidates.

45% of employers are concerned about finding talent with the necessary skills.

Working hand in hand with the customer’s vice president of finance and corporate accounting director, a multi-phased approach was created to address the scope and scale of the finance transformation project. Based on the understanding of key objectives, a comprehensive, customer-centric solution was recommended to effectively offshore and outsource selected finance and accounting positions.

• Creating a project management team to oversee successful completion of initiatives.
• Assessing technical capabilities of current consultants with the objective of expanding current roles to support the project.
• Identifying transactional resource gaps created by outsourcing and offshoring finance and accounting functions.

Kforce upgraded in-house talent by delivering 14 highly skilled professionals—including three business analysts, seven senior accountants, one accounting manager and three project managers.

Kforce helped the client recover a six-month delay, finish the initiative three months early and reduce costs through outsourcing and leaner internal overhead.As a result, the customer was positioned to better maintain its industry-leading status in an extremely competitive marketplace. Kforce continues to deliver additional resources for the Finance Transformation project and for upcoming initiatives.

14 highly skilled professionals brought in to upgrade in-house talent, enabling client to complete their initiative 3 months early