Financeplus is WPP’s internal Financial Shared Service organisation, providing transactional back-office financial services to WPP companies.
Financeplus supports a range of processes including: Accounts Payable, Accounts Receivable, Media Billing & Payments Treasury Accounting and Reporting. In certain countries we also handle local tax, payroll, client accounting & billing.
By consolidating activities under one roof, Financeplus takes advantage of volume to deliver increased efficiency. This is achieved by standardising, streamlining and aligning relevant processes, and introducing tools & technology to drive effectiveness across our operations.
By taking over transactional financial activities, Financeplus allows our agencies to focus on commercial activities, client management and revenue / cost management.
The first Financeplus started in the UK in 2011. We now have established offices in Australia, India, Malaysia, Mexico, Spain, the UK and the USA, and have recently started in Venezuela.
Our objective is to cover all of WPP’s major markets. Financeplus has a clearly defined migration methodology that we will use for all future deployments. This will ensure a smoother transfer of activities with full clarity and proper preparation.