Case Study
Realising annual savings by embedding efficient governance and cost management for a Big Four accounting firm.
This leading global professional services firm, operates in over 150 countries and ranks among the “Big Four” accounting firms. This client sought to transform its Global Audit services to enhance efficiency, reduce costs, and ultimately deliver better value to its clients. They wanted to streamline operations and establish robust governance for a $40m Audit Transformation programme.
We successfully directed the PMO teams and introduced several impactful measures. We identified and addressed leaky cost centres, optimised resource allocation and budgeting, and enhanced the programme’s intelligence and value across the globe.
We amalgamated and streamlined EY and Cognizant governance processes, reducing manual overhead and risk of discrepancies, thereby accelerating decision-making and reducing operational costs. Furthermore, we outsourced all PMO administrative activities, without compromising on deliverable quality or timeliness.
Lastly, we produced key programme documentation, setting a gold standard that allowed teams to focus on execution and delivery.
Our efforts brought significant value to EY’s global Audit Transformation programme. We facilitated £240k annual savings by outsourcing PMO administrative tasks, improving decision-making speed and reducing operational costs through streamlined governance. Our work ensured better resource allocation and budget prioritisation, enhancing the programme’s effectiveness.
Ultimately, EY’s end customers benefited from potential lower costs and increased quality of service, strengthening EY’s competitive position in the market.
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