Some businesses are above the size, but for the sake of effective and efficient management, even for smaller businesses, it may be necessary to support the planning and control processes to achieve the set goals.
Solutions
Regular monitoring and review of financial and management processes is essential for this activity. For this, we can provide significant support from the accounting side
- Format developed by us, or parent company periodical reports (reporting),
- reporting of plan and actual data (controlling),
- budgeting (budgeting) and
- through all other data services supporting management activities (monitoring).
As is typical in the field of financial support, taking into account their corporate management system and solutions, our clients determine the range of information required for management decisions, the regularity, format and process of their service.
Typically, it includes the processing, systematization, evaluation and analysis of the data found in the accounting according to specific criteria (grouped differently from accounting items) at regular intervals, for example monthly. If required, we can prepare it in a foreign language as well.
This information is suitable for monitoring the company's internal processes, finances, and management, in many cases, in the case of foreign owners, subsidiaries, or companies listed on the stock exchange, this is an essential process.