Search by Industry	Search by Keyword

Case Studies

Global Airline Cuts Accounting Function Costs 60% by Outsourcing
Summary
The accounting function at this global airline company generated considerable business value to the organization, but lower costs and improved efficiency were required.
Client Challenge Higher fuel costs, a decline in passenger traffic and competition from low-cost carriers Identified accounting operations as best candidate to begin cost cutting/restructuring Saw Information Technology (IT) as a key performance improvement driver Wanted to evaluate and implement a new supporting IT system Alsbridge was engaged to improve operational efficiencies and sharply lower costs. How Alsbridge Helped Assessed the feasibility of outsourcing in-scope functions and developed a high-level business case along with migration sequencing Helped narrow down capable providers by conducting a Sourcing Alignment Session™ to identify cultural fit and the ability to provide both the IT system and multi-process accounting Helped select the vendor and acted as the lead negotiator on the deal Co-developed and validated the proposed solution of the winning provider Drafted the contract, the Statement of Work (SOW) and Service Level Agreements (SLAs). Benefit 60% cost savings on outsourced positions and reduction in number of positions Improved revenue collection with no drop in accuracy or service levels

"Alsbridge brings experience and independent challenge to the strategic decision and business case development process that is invaluable to any senior leadership team." –GUY COWAN, FORMER CFO, SHELL OIL