Finance management - Different financial documents on glass table

Finance Management

Supporting your finance department in particularly challenging projects

The finance department is subject to many fluctuating requirements and has to deliver highly accurate information both internally and externally under considerable time pressure and according to fixed deadlines.

You have to adhere to legal reporting requirements and simultaneously fulfil different objectives on an economic, regional and international reporting level. In addition, company’s today undergo a life cycle that includes:

  • M&A processes
  • Carve-in/carve-out
  • Changes in hedge accounting policies due to:
    • Changes in form
    • Group change
  • Changes in reporting:
    • Structures
    • Language
    • Mapping
    • Internal GAAP
  • Downturn or rapid growth
  • Etc.

all of which requires highly flexible financial management that continually has to rise to new challenges and redefine itself.

In view of this, there is often no time to fully come to grips with process optimisation,
the documentation of process descriptions or the specific demands of new situations.

Comparable financial processes will often be carried out differently at different company sites and/or different subsidiaries and affiliated companies. It is also likely that the different sites, subsidiaries and affiliated companies will have resources with varying specialisms and qualifications.

What we offer

  • Financial process optimisation:
    • Inventory of the "actual" processes and definition of the "target" processes
    • Interface optimisation
  • Company-wide (location-wide) process harmonisation:
    • Through centralisation, and, as a result,
    • Increased efficiency and effectiveness
  • Support for certain financial and controlling projects:
    • Budget
    • Conversion to GAAP
    • Cash plan implementation
    • Consolidation
    • etc.
  • Budgeting, planning and forecasting:
    • Introduction and roll-out e.g. throughout the company

Do you have any questions?

Our approach and tools

  • Procurement of information by experienced consultants on the basis of one-on-one interviews and observations at the workplace
  • Review of optimisation options and operational support in the implementation of decisions (if desired)
  • Operational support on the basis of many years of operational experience

Your benefit — your results

  • Takes pressure off the department concerned
  • Specialist consultants with extensive operational experience, and
  • Project support:
    • Business analysis of demands
    • Technical implementation
    • Roll out in the various work areas
  • Support until the desired project objective is achieved
  • Internationally deployable and independent based on the task description

Competent consulting team

Our consultants have worked in companies as heads of accounting departments and/or in auditing firms and have developed a wealth of experience on the basis of this.

Practical experience combined with operational advice leads to holistic support that goes above and beyond familiar, theoretical high-level consulting approaches. You will benefit from our consultants' years of experience in various large projects at other companies in the same industry.

IT plays a very important role, particularly in the financial sector. It is here that our advisers benefit from very close contact with the COSMO CONSULT group's ERP consultants. Whereas any other external consultant would take time to come to grips with specialised knowledge, our associates will easily and promptly draw on their previous experience.

Get more out of your business

Does this sound interesting?

By working with you, we know that we can find the ideal concept to meet your specific requirements. Get in touch with us to discuss how COSMO CONSULT and our specific business consulting services can help you to get more output of your business.

Share this page

Contact Us!

COSMO CONSULT International

COSMO CONSULT
201 rue Carnot
94120 Fontenay-sous-Bois
+33 183 01 03 60
E-Mail
COSMO CONSULT
Schoenebergerstr. 15
10963 Berlin
+49(0) 30 | 34 38 15-0
+49(0) 30 | 34 38 15-111
E-Mail
COSMO CONSULT S.L.
Vallespir, 19 4ª Módulo 2
08173 Sant Cugat del Vallès, Barcelona
+34 902 820 242
+34 943 313 002
E-Mail
COSMO CONSULT AB
Ralambsvaegen 17
11259 Stockholm
+46 8 799 86 60
E-Mail
COSMO CONSULT
Ruetistrasse 16
8952 Schlieren
+41 44 830 6465
E-Mail
COSMO CONSULT Business S.L.
Presidente Riesco 5711, Oficina 802b
Las Condes, Santiago de Chile
+569 73769126
E-Mail
COSMO CONSULT Business S.L.
Avenida Cra. 45 # 114-78, Piso 6
Bogotá - Colombia
+57 320 7935148
E-Mail
COSMO CONSULT Business S.L
Checoslovaquia E10-105 y Eloy Alfaro
Quito, Ecuador
‪+593 99 608 4180
E-Mail
COSMO CONSULT Business S.L.
Rodolfo Gaona 81 Piso 7
Colonia Lomas de Sotelo
México, D.F. 11200
+52 55 2452-9200
E-Mail
Edificio Magel, Segundo Piso
Ave Samuel Lewis, Urb. Obarrio,
Ciudad de Panamá, República de Panamá
+507 6280 0343
E-Mail