Critical Initiative Turnaround
The Results$180MM Savings 200x Return On Investment
The CFO of a Fortune 150 company was concerned that a large SAP-enabled business transformation project was projected to cost twice the original estimate. The CFO had lost confidence in the project team, IT organization, systems integrator, and wanted an independent assessment of the project and a plan to turn it around and make it successful.
BV was engaged first to perform a Project Assessment to share with the company’s board of directors to ensure that the project had a plan for success before proceeding with any further investment. BV rapidly assessed the project and recommended a new approach which accelerated the project and cut costs dramatically. To realize these changes, governance and decision-making needed to be restructured. The company then engaged BV to support a new project lead to implement these recommendations and keep the project on course.
BV delivered a plan that resulted in savings of over $180 million in capital and operating costs over the project’s duration. Continued support with the BV’s SAP Project Acceleration System in subsequent phases ensured that the project kept on-track and realized those savings through prudent acceleration, improved management, and mistake avoidance. The client received a return of more than 200x its investment in BV’s services.