Financial management
Financial management is not about the annual accounts or paying invoices. It is about taking on the role of business partner, scout and guarantor of a good night's sleep; ensuring that your projects deliver as agreed.
Some finance functions still fall into the trap of history work, but it doesn't have to be that way. A well-run finance function has far more to offer.
We contribute in various areas to ensure results.
Typical assignments may be:
- "Close the gap" - Efficient process for closing the budget gap
- ABC analysis – Analysis to identify your profitable and less profitable products
- Sound financial processes – Development of business controlling, accounting and liquidity management
Congratulations! Are you one of the few?
If you can nod in recognition to these points, you have every reason to be satisfied:
- You have control over the numbers and know the root cause of the deviations
- You rarely get surprises in the numbers.
- You have good processes for closing budget variances (because they will come)
- The controllers are forward-thinking and at the forefront of business development
- You avoid rather than have to explain afterwards.
- You have well-detailed budgets and prepare ongoing forecasts.
- There is full focus and control on the balance sheet in the accounts
- You have optimal liquidity management (little capital is tied up in operational operations)
- You know where in the business you make money
What are we doing?
Our customers have different starting points. Some need to get their numbers in order, while others want to refine already good processes.
In any case, we will start by running through the financial processes with you to jointly find out where the shoe is pinching.
We facilitate processes where we want the company's employees to come up with the solutions themselves so that learning and anchoring remain in the company. We perform certain analyses, such as ABC analysis, on behalf of the company.
We quickly connect to the existing organization and seek to solve the tasks with minimal additional burden on the organization, in an often already hectic everyday life.
Would you like to know more about how we work?
We are a company with skilled professionals with extensive experience in our field.
Good financial management
Good financial management is like a well-run machine. It starts with understanding reality. This is often the task of business controllers. Reality must be translated into numbers that are fed into a financial system.
The financial reports also become a tool to provide "push back" and challenge operations on developments and trends.
The financial systems are continuously processed to reflect the truth at all times through good reconciliations and correct balance values. Good financial reports and updated figures provide safe choices and rapid responsiveness when needed.
Healthy operations are also about tying up as little capital as possible in operations (working capital). This is work that is all too often forgotten. Remember that free capital is the key to investments, marketing, additional employees, etc. There is no reason to be a bank for others, unless it is actually your core business.
Does that sound familiar?
Some of the things we can help you with to ensure financial results
ABC analysis
Many people think they know which products or business areas are profitable, or vice versa. Activity Based Costing is a fact-based approach that has helped many businesses become more profitable. Many have been surprised.
Get the numbers in order
Sometimes it's good to get outside help and see things with new eyes when things have gotten stuck. There can be many reasons why you need some extra effort to get things in place. We quickly get to grips with the problem and help you get the numbers straight.
Healthy financial processes
Good financial management is like a well-run machine with processes that mutually influence each other. We work with the finance team to develop the business controller role, set up good accounting routines and processes for sound liquidity management.
"Close the gap"
Budgets are a best estimate of what we will deliver in the future. What is certain is that reality often looks different from the plans that were made. The earlier you start closing discrepancies, the greater the likelihood that you will succeed. We have the expertise and methodology to help you and your business through this process.
Get contacted
Fill out the form and you will hear from us soon.
