Financial reporting
In order to achieve the strategic and operational objectives it has set for itself, a group or an SME must equip itself with steering resources in order to measure the path it still has to go and how to get there. Steering its activity therefore means for the group to become aware as soon as possible of a change in the company’s environment or a deviation in its progress in order to adapt and maintain its course.
In concrete terms, this means controlling the flow of financial information and giving management a clear, reliable and synthetic view of operations in order to improve the organization’s responsiveness in the decision-making process.
For EVOLIUM Consulting, achieving these objectives involves undertaking three types of action that will allow the organization to benefit from best practices in financial reporting:
• “make the figures more reliable” by determining the dashboards and key indicators, both financial and operational, which really generate actions in the context of the management of the group’s activity(ies),
• “make processes more reliable” by defining a closing and reporting process that makes it possible to assign everyone’s roles in the feedback of information while optimizing the time dimension so that management can react as quickly as possible and thus take the necessary better decisions,
• “organize the Finance function” with regard to optimized processes by deploying tools that will help analyze performance, preserve information and ensure the fluidity of its flow.
It is on the basis of this triptych that we have approached in a pragmatic way the problems of management and financial reporting of our customers and deployed long-lasting solutions.