What Is CFO Advisory Consultancy?
Finance division in any company is not just confide to manage the finances. Now CFOs are wearing multiple hats, they are often leading the digital transformation.
Our agenda is to provide right CFO advisory services. In other words, the typical approach is: Quick, Delivering tangible results continuously Low risk, as the agile contract ensures required skill capacity and allows for adjustments as required.
CFO Advisory
By driving the (digital) business agenda, CFO position themselves are potential CEOs: As an example, more than a quarter of the DAX-listed corporations in Germany and other large companies are run by former CFOs. This underscores the expanded range of tasks.
Example Digital Transformation of Finance
Financial Institution Total asset > € 100 billion
Services
SAP 4 HANA Readiness
Activities
Analysis of the organizationally and procedurally hermetically separated areas FI and CO of the financial institution.
Due to the changed logic (“universal ledger”) of the SAP4HANA technology, both the data structures and the responsibilities (data management) will change drastically.
In order to prepare for a successful implementation, corresponding improvement potentials were identified so that, in addition to the purely technical implementation, an increase in efficiency and thus significant cost optimization can be achieved.
Result
79 concrete improvement potentials identified, implementation WIP
We support you with sound experience, underpinned by our own scientific research and decade-long operational CFO-experience.