Who it is for
Most accounting systems show management what happened in the past. That tells you how the company performed, but little about how effectively it is managed. This service is for management teams that want to compare plans with results, spot deviations early and act on them, without employing a full-time controller. It is particularly suited to foreign-owned companies that report to a head office.
What the service covers
Budgets and plans
- preparing budgets and financial and sales plans;
- cash flow forecasts and liquidity monitoring;
- analysing budget performance and explaining deviations;
- setting up a structure of revenue and cost centres;
- adapting the chart of accounts to management accounting needs.
Analyses
- sales analysis by segment and product group;
- sales effectiveness and margin analysis;
- profitability of individual customers;
- costs and revenues generated by each department.
Reporting
- monthly management reports with key performance indicators (KPIs);
- sales reports;
- financial reports for head office, also in English, Russian and French;
- preparing financial data for banks and investors.
How we work
We compare the targets set for your managers with actual results, point out deviations and suggest corrective action. Ongoing analysis of deviations helps the company reach its long-term goals, and outsourcing this role gives your management expert support at a lower cost than an employee. We work remotely, so we serve clients across Poland and abroad.