BP needs systems and processes to allow finance to better drive strategic business decision-making. It is an important part of BP’s Modernisation and Transformation programme. Launched in 2016, the programme is enabling the company to adapt to rapid change within the energy sector.
The transformation of finance is being achieved by changing mindset and becoming more agile and embracing digital. Implementing such wide-reaching change without causing unnecessary disruption requires prioritising faster, more effective decision-making and focusing on creating value.
"Transformation is more than just a new system that allows you to do the same thing a bit less clunkily than in the past. That’s not a transformation, that’s just normal progress. To transform, you need to think about how you can do things dramatically differently."
Graham Collins, FCMA, CGMA, VP of Digital Transformation
