Financial Business Consulting
We see ourselves as a bridge between the specialist areas of financial accounting/controlling and IT. Through our professional and technical expertise, we know the requirements and expectations on both sides and take these into considerations when developing solutions. In addition, we have many years of experience with (customer) systems as users and consultants in many different industries, such as telecommunication, semiconductors, insurance, mechanical engineering, pharmaceuticals and management consulting.
We are your advisors and supporters and contribute our expertise and ideas actively and independently to achieve the previously defined project goal.
With many years of experience in, among other things, consolidation projects, mergers and especially in IT, we can help to anticipate and communicate problems and thus prevent errors.
We accompany our customers in the sustainable transformation of their finance functions in order to remain competitive at this level as well. In doing so, we support among others:
- the introduction of new system landscapes.
- restructuring through changes in the finance organization.
- merger & Acquisition processes and their challenges.
- changes due to carve-out activities.
We support you and your employees in the transformation process by:
- our team of experts with many years of experience in the new system landscape.
- the leadership of teams and/or departments to better manage the new challenges.
- the professional management of the project with appropriate setup, controlling and result-oriented action.
Examples of Financial Transformation
Implementation of SAP S/4HANA and replacement of legacy systems:
- support by know how in the definition of the requirements (as-is versus to-be process)
- planning, implementation and control of migration towards SAP project
- active assistance in operational accounting in case of unexpected workload peaks
- consulting and supporting the CFO in building a team for the after-go-live phase with project-oriented customer team management & temporary enrichment of customer departments with specialists from “old” and “new” SAP world
Examples of Financial Consulting
Merger of legally independent entities into one company, with simultaneous introduction of SAP and conversion of accounting to IFRS:
- project management on the finance and accounting side to correctly define the technical requirements in the SAP subproject
- support in the controlling department for the definition of the IFRS profit calculation according to IAS 11 (POC-Methode)
- temporary management of accounts receivable/accounts payable for the conversion of the previous FI/CO departments in the individual subsidiaries to a group-wide shared service department