Enabling A Fortune 500
Transportation Enterprise To Achieve Risk Compliance & Automation
Their incumbent Contract Margin Review (CMR) modeling process was highly manual, error prone and inefficient leading to a SEC violation resulting in substantial financial penalties.
Implemented a Bespoke Contract Margin Review (CMR) modeling solution that achieved risk compliance with improved accuracy. Reduced manual effort by over 80% resulting in ~$7M/Y savings. Reduced cycle time by 85%.
Brought $6B locomotive service contracts portfolio into risk audit compliance.
Scope of Engagement
A team of 8 consultants achieved corporate risk audit compliance within 13 months. Accelerated time to value by an additional 4 months during implementation.
Strategy & Design: Strategy, Data, Process
Implementation: Bespoke solution, Data warehouse, Business
Intelligence and Analytics