Background: As part of its new services to provide third-party accounting services to its clients, this Germany-based renewable energy company engaged CTS to develop planning and implementation tools to support the on-boarding and transition of their new clients to a standard accounting platform (SAP).

CTS Impact Solution:  The CTS Impact Project Manager provided deep experience to develop a standard transition plan as follows:

• Develop PMO tools
  • Standard project plan for Transition Services
  • Estimation model for proposal process
  • Resource/workload allocation model for accounting organization
  • Define key metrics and service levels

Once these standard planning tools and templates were in place, CTS Impact utilized these tools and provided a Transition team to manage the migration and integration of these new services into the client’s existing accounting function, and to provide interim accounting assistance during the transition as follows:

• Mapping of chart of accounts
• Data conversion and validation
• Interim accounting operations during transition
• Interim financial reporting (IFRS)
• Cross-training to internal staff
• Document standard operating procedures