How Two Partners Made The Largest Pan-European Finance And Accounting Engagement Work
Source: Everest Partners
In 2005 Unilever took "a hard look in the mirror and decided it had to change," according to Christian Kaufmann, managing director, Finance Business Services Europe. The mirror reflected a complex and fragmented picture. Unilever's employees in 24 countries used 18 ERP systems and hundreds of different finance processes. Unilever also employed a large number of people in each country; there were three business units with three CEOs and three separate leadership teams. "This was putting pressure on the top line," says Kaufmann. "Because Unilever's business groups operated as a loose federation, there was duplication, high cost, and varying quality." The consumer goods company launched the "One Unilever" program. Its goals: to streamline the business (including finance), achieve substantial savings and become more consumer focused.