The Credential
Tunneys supported a high profile UK listed REIT (c£3b AUM) working closely with experts across the senior management team and external finance transformation advisors to update their 5 year plan ahead of a number of significant changes across the group and to transform and automate their monthly investor performance and budget reporting.
How We Helped
Prior to engaging Tunneys, ukREIT* had produced various interdependant group finance forecasting models, real estate investment models and tax modelling which were not fit for purpose and were excessively complex. The group CFO needed a 5 year plan which reflected the most current data and strategic plans and provided sufficient confidence for reporting to investors.
Tunneys reviewed the modelling used by various parts of the finance and real estate investment teams and worked closely with subject matter experts and senior management over various operational areas of the business to gather a clear understanding of the current business, its future plans and key performance drivers.
We then worked closely with the finance team and external finance transformation advisors to build up a fit for purpose 5 year plan for the group while also professionalising monthly finance investor reporting by applying modelling to automate report preparation and acheive considerable time and cost efficiencies.
Value Delivered
Updated and integrated 5 year plan fit for presentation to investors and reflecting future plans for the group;
Professionalised and automated monthly investor report packs saving c15-20% of monthly FD time going forward; &
Collaborated with a range of senior management, subject matter experts and external advisors to produce integrated financial modelling that more closely reflects the insights of the business and financial modelling best practices.
* all client names have been kept confidential.
