Budget calculation with the aid of a calculator which lies on a table with money and a chart which shows the current situation.

The Finance Function

Front-to-back solutions for the finance function

The Westernacher Financial Services practice foremost works with the office of Finance to effect change. We understand the interaction between Finance and other business functions and we also understand that the quality of the Finance output is dependent on the quality of input from other business functions.

Our Financial Services team has experience covering the end-to-end financial environment, from accounting entry production through to financial statements and from business operating models through to system implementations.

Westernacher can ensure that your Finance function is integrated with all other business areas, robust controls exist, reporting is timely, accurate and efficient and that Finance provides consistent and accessible information for reuse within other parts of the organisation.

We have the capability and experience to deliver appropriate Business and Technology solutions across all aspects of the Finance function.

Westernacher can accelerate your change plans.

Internal to Finance

General Ledgers, Product / Trading Sub Ledgers for full lifecycle accounting, Statutory and Management Consolidation, Payables, Receivables, Fixed Assets, Travel & Entertainment, Balance sheet, Income statement, Cost allocation and recovery, Finance/Liquidity reconciliation, Finance/Risk reconciliation, Finance/Source reconciliation and Balance sheet substantiation, Internal control frameworks and reconciliations, Annual Financial Statements, Corporate Performance Management, Business Intelligence & Dashboards, Statutory & Management reporting

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External to Finance

Front Office – Product and data standardisation, Operations – Static and reference data, Front Office – Fee invoicing and management, Credit – Off balance sheet accounting for facilities, Technology – Project budgeting & forecasting, Technology – Infrastructure and budgeting & forecasting, Risk – Capital budgeting & forecasting, Treasury – Liquidity forecasting, Technology – Project cost allocations and recovery, Technology – Technology cost allocations and recovery, Treasury – Funds Transfer Pricing, Risk – Capital cost allocations and recover, Treasury – for Liquidity reconciliation, Risk – for Balance Sheet reconciliation, Front office – for Internal Trade reconciliation, Front office – for Balance Sheet reconciliation, All areas – Management & statutory reporting, Risk – Performance management and dashboards, Front Office – Performance management and dashboards, Publishing golden source information from Finance

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