Consulting
Our finance & accounting consulting experiences vary depending on the challenges that the clients are facing.
We offer our services to international organizations and local companies in many industries.
Manufacturing
Industries
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Benchmark the core activities of finance & accounting departments amongst different entities of the Group
=> Consider the best practice as a standard for a better productivity of the team and a common practice within the Group -
Initiate cost monitoring and cost saving projects on critical items: labor, raw materials, consumables and energy costs
=> Contribution to overall savings approximate to $2 million -
Lean finance & accounting organization to improve the performance and the lead time of transactional activities and focus on the core value-added activities
~ 15% of time related to non value-added tasks have been converted to value-added activities -
Gap analysis of finance & accounting process flow between various local entities
=> Implement a standard process flow and organize effective trainings to get all the stakeholders on board -
Harmonization of finance & accounting departments to build up a Country Service Center
=> Awareness on relocation labor law & incentives, tax regulations for a specific industrial estate zone
Products & Services
Industries
- Revisit the accounting operating model to be more suitable with the change of the business model
- Revise the commissioning model to reply to the sales growth strategy while maintaining the profit margin of the company
- Finding areas for cash flow and working capital improvement to facilitate the day-to-day business operations
- Products & services margin mix analysis to make sure they are not sold at a loss and reinforce the sales strategy for the ones making highest margin
- Review stock & materials management to avoid products obsolescence
