Background:

Corporate Lawyer with risk management responsibility for £12 billion turnover multinational conglomerate.

Needs:

  • To track risk management costs in a timely manner.
  • The process of accounting in the company was incompatible with information requirements of the Corporate Lawyer and his management.
  • Company accounts department was unaware of the timing of flows of income/expenditure agreed by the Corporate Lawyer.
  • A monthly Profit and Loss report for RM Department and forecast to year end by month, by individual item within two days of the month end. He also needed a full explanation of variances from plan.

Solutions We Provided:

Designed software to track global receipts and expenditures flowing through Head Office. This included procedures and systems to process documentation together with operating variance report.

Results:

  • Provided accurate results prior to required deadlines.
  • Skills transferred to client together with operating software.
  • Accurate forecasts produced greater trust in our capabilities.

Willis In History

Did you know Willis was the insurance broker for the first commercial service of the Boeing 747 as operated by Singapore Airlines in 1973?