Understanding General Accounting Benchmarks and Leading Practices: Solvay Case Study

Published On:
July 24, 2019
Authored By:
APQC
Members-Only Content:

This case study discusses how Solvay took a systematic approach to centralize all closing activities into shared services centers; the structure, roles, and governance for accounting responsibilities within Solvay’s finance shared services centers; and how Solvay standardized accounting processes, including complex and high-value activities.