Financial Organization & Financial Processes

Your finance organization needs to give you support!

Do you know this?

As a business leader, you want everything to run like clockwork... but

Your financial information is not available to you in a timely manner after the end of the month? The accuracy of the figures is always questioned and is too error-prone? Decisions can no longer be derived on this basis? Have the organizational structures not grown with the growth of the company?

Do you want to...

This is exactly where we come in!

Together with you, we analyze how we can adapt the financial processes in the company so that you receive timely and correct information. We advise you on how you can use economic synergies and create scope for further growth.

From the operational perspective of a CFOs and the accuracy of an auditor, we include all economic concerns from the knowledge gained and discuss the strategic orientation and necessary measures with the CEO on this basis.

We also always keep an eye on an orderly transfer and sale of the company at the fair value of the company.

Topics

Possible scenarios where we are active:

Creation of finance structures

We create the necessary structure in your organization for the financial management of your company.

Faster reporting

You have the feeling that your administrative organization is too slow and want to put it to the test and, where possible, digitize it through digital financial processes.

Financial performance

We look at your financial performance and look for potential that we can leverage together.

Have you found yourself in the problems?

We are happy to find out what a cooperation can look like and how we can help you in concrete terms in a free and non-binding introductory meeting.

Duration: 30 min.

Advantages

What do you get out of it?

If you want to be successful in the long term, you have to have your financial processes under control.

Financial information must be available correctly and in a timely manner, so that management can make the right decisions for customers, employees, shareholders. suppliers and other stakeholders.

We want you to be able to make your company's potential visible and use it for the benefit of the company and its stakeholders.

Use cases

We have successfully implemented the following projects:

Creation of structures for corporate management and organization of further growth
Establishment of a modern shared service organization, as a high-quality group-wide service provider.

Use of synergies by bundling the administrative areas from a "best practice" point of view
  • Finance & Controlling
  • Human Resource & Recruiting
  • Internal IT
  • Marketing
  • Office Management
  • Enabling the rapid "on-boarding" of new companies (start-ups or acquisitions)
Definition & implementation of a system for KPI (Key Performance Indicator) measurement
Development of KPIs to measure changes in our client's business model in a timely manner.

With the help of this controlling instrument, it is now possible to determine the performance of the previous month within 1 to 3 working days without having to wait for the results of the monthly closing.

This enables a quick response to market changes and adaptation of internal resources.
Measure departmental performance based on a cost center structure
The e-commerce client wanted to measure the performance of different departments and business units and distribute overhead costs as accurately as possible to the departments through distribution keys.

The profit centers/cost centers were set up on the basis of a jointly determined assignment of the departments to business units. The distribution of overhead costs was carried out (as far as possible) according to causation-based distribution keys.
Establishment of an organization and structure for the consolidated financial statements
The international growth of the health tech customer with several subsidiaries in Germany and abroad made it necessary to establish a consolidated financial statement process for the correct measurement of results.

We have recorded the requirements and created the necessary structures for a smooth conclusion.

In addition to the initial support for the preparation of the consolidated financial statements and the clarification of IFRS issues, we supported the software selection of a consolidation tool.
Digitization of the finance organization (Finance Automation)
Digitization does not stop at finance either. It is important to take advantage of the opportunities offered by digitization right from the start and to keep administrative costs as low as possible.

Here is an excerpt from the digitization projects:
  • Introduction of ERP system
  • Business Intelligence (BI)
  • Digital contract management
  • Digitization of other administrative processes (RPA, ticket system, payroll, travel expenses, investment process, etc.)
Daniel Winkler Virtual CFO

Why should you work with us?

I am Daniel Winkler, the founder and managing director of DAWICON GmbH Wirtschaftsprüfungsgesellschaft. We combine our know-how of operational finance and process topics with the industry experience of IT and technology companies. Our interdisciplinary team is independent and goal-oriented and always finds the best solution for you as a company leader and decision-maker.
Is it time to realign your finance organization?

We are happy to find out what a cooperation can look like and how we can do it for you in a free and non-binding introductory meeting.

Duration: 30 min.

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