Operational Efficiency
Business Process Redesign
Our Business Process Redesign Service works cooperatively with you to identify, develop, and implement strategic operational improvements with maximum benefits in resource-management, service quality, scalability, and competitive positioning.
Redesign for Fiscal Fitness
Beacon simplifies challenging organizational structures and delivers cost savings generally within the range of 20% to 30%. We design customized solutions for firms of all shapes and sizes. By applying our proprietary SMART (Staff Modeling and Analytical Reporting Tool) application, we create the foundation for firms to take actionable and sensible cost-savings steps that deliver results.
Demonstrated Results:
- Fund Administrator: Saved $1.3M annually by offshoring low risk activities and implementing technology upgrades
- Service Provider: Saved $3.25M by centralizing global operations and eliminating process redundancies
- Global Asset Manager: Reduced operating expenses 25% in the Fund Accounting and Fund Administration operating units by enhancing current technology and creating “centers of excellence”
- Investment Manager: Reduced length of financial reporting cycle by 13 days by better leveraging current technology and streamlining business processes