AstraZeneca is a global, innovation-driven biopharmaceutical business that focuses on the discovery, development and commercialization of prescription medicines for some of the world\'s most serious diseases. But we\'re more than one of the world\'s leading pharmaceutical companies. At AstraZeneca, we\'re proud to have a unique workplace culture that inspires innovation and collaboration. Here, employees are empowered to express diverse perspectives - and are made to feel valued, energised and rewarded for their ideas and creativity.
Global Finance Operations (GFO) is the largest Finance team and is the at the heart of the Finance function \xe2\x80\x93 providing a far-reaching range of transactional finance activities for all entities, worldwide, enabling our customers to focus on AstraZeneca\xe2\x80\x99s (AZ) priorities.
Our processes cover record to report, purchase to pay, travel and expenses, contract to cash and data management and we drive AZ\xe2\x80\x99s cash focus through well-adapted management of supplier and customer payment terms and practices. GFO provides P2P/T&E process helpdesk services to internal AZ and external end users, including training support to internal AZ users. Plans are in place to extend the scope and internal customer coverage during 2017.
GFO operates globally through a combination of in-house and business process outsourcing (BPO). The BPO element has been provided in partnership with our service provider partner Genpact since 2008
AZ Finance is embarking on an ambitious, broad ranging, multi-year transformation programme, called Finance Transformation (FT). Through 2016/2017, FT plans for transactional process and technology improvements that will underpin the next wave of GFO transformation and a step change in service effectiveness and efficiency.
GFO continues to develop. In 2016 we adopted a global, process-focused operating model organised between global process towers, stakeholder engagement, helpdesk, cash generation and master data management teams. GFO working as a strategic business partner, directly with teams and stakeholders, to deliver results that help us to achieve our bold ambition.
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