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Strategic Services |
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With a continuous changing business environment it has become even more critical for today’s organizations to be able to take strategic decisions based upon accurate and complete information which is made available in a timely manner. Today, organizations are operating in a fundamentally changed environment due to regulatory and competitive changes. Driven by increased pressures from financial markets, regulatory agencies, boards of directors, and senior management, organizations are required to provide data faster and more accurately, cut costs and drive profitability and increase transparency of financial reports. With the experience available at SMS Consulting we can assist you in improving the value of your accounting and finance functions by adjusting the focus from tactical to strategic, resulting in increased value for internal and external stakeholders. In this respect we focus on the integration of 3 main elements (people, processes and technology) in order to reduce the days to close, increase the quality of reporting, increase budgeting and forecasting effectiveness and reduce costs. · Accounting & Reporting · reduce days to close the books each period · improve quality, accuracy and timeliness of financial information · streamline processes and systems · reduce costs through standardization · eliminate unnecessary and / or manual activities · increase ability to make business decisions with actual data · reduce number of manual entries · integrate databases between applications · reduce risk of errors by developing policies and procedures for financial close · ensure continuous monitoring of quality and performance of the finance organization · Budgeting & Forecasting · improve quality, accuracy and timeliness of financial information · increased transparency · improved company profitability through better planning · enhanced teamwork among all departments involved in business planning · greater efficiency by eliminating unnecessary or manual activities · lower cost of accounting and finance function · ensure value creation by transformation of the finance function · faster, better information · Performance Measurement · identify relevant key performance indicators (KPIs) supporting your strategic objectives and business needs taking into account your company’s specifics · develop performance measures that focus on quality of information and compressing cycle time · collect the data that produce the KPIs · analyse your current system's ability to quickly aggregate the necessary data for your KPIs |
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Our Services |
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For further information please contact: |
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Phone: +32 (0)495 51 61 62 |
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SMS Consulting bvba |
