Working Capital reduction by EUR 20m
For an international service provider in the field of facility management, we assumed operational responsibility to reduce working capital by more than EUR 20m.
CFO Advisory
The CFO is a “sparring partner” for the CEO, a service provider and enabler for the business, a competent contact person for investors and an approachable boss for the employees too. We’ll help the CFO set his agenda, keep an eye on the essentials beyond day-to-day business and achieve results faster.
01
Finance Transformation
The finance organisation has long since ceased to be just a service-centred supplier of information for the business. Increasing regulation (sometimes involving sanctions), digitalisation, automation or new OECD rules stand in stark contrast to the simultaneous cost pressure and higher quality requirements companies face.
We have years of experience in defining and delivering a vision and strategy for the finance department. This can include organisational and process design, support for ERP projects, or strategies for developing employee competencies.
02
Process optimisation in finance
Optimising processes in the finance department and its interfaces is our stock in trade. For our clients, we closely scrutinise areas such as management accounting, financial reporting, data analytics and HR, and develop solutions to enable them to work faster, more cost effectively and at higher quality.
We can provide support in strategic planning or prepare integrated investment, financial and business plans. We also do plausibility checks on planning calculations.
03
Liquidity and working capital management
Liquidity and working capital management only becomes an issue when the economy is less stable, and capital isn’t so easily and cheaply available. Active working capital management frees up funds for investment and growth and can improve a company’s ratings or increase its flexibility in day-to-day business.
We’ll bring in tools to manage liquidity and working capital and take steps to initiate everything that needs to be done to achieve initial results fast. This may include optimising DSI, DSO and DPO or improving the supplier structure, renegotiating Incoterms or payment terms – or help deliver a culture change to bring in greater discipline.
Recent Case Studies
Performance Improvement
in E-commerce
We helped an online retailer triple its operating profit. To achieve this, we helped introduce new products, renegotiate purchasing conditions, completely rethought shipping and returns, as well as additional new customer channels.
Lean Management in finance
We streamlined Finance processes for the CFO of an international group, consisting of about 50 companies. We introduced quarterly financial statements within a very short timeframe, shortened the length of time it took to prepare the annual accounts by 3.5 months and reduced the group’s audit costs by 30% – while at the same time cutting overtime to zero.