Westernacher

Finance

The increasing globalization of trade relationships and supply chains requires a review of the traditional organizational, functional and technical framework for both internal and external accounting and reporting. To meet these business challenges, companies require high-performance, future-proof solutions that not only deliver short-term results, but also augment long-term competitiveness and flexibility.

Westernacher assists organizations in all aspects of financial performance management and supports customers in reaching their strategic goals by providing an accurate and transparent view of their performance.

Westernacher helps clients to:

Analyze, evaluate and re-design business processes from a functional and technical perspective, related to:

• Growth through Mergers & Acquisitions
• The implementation of Shared Service Centers
• Re-evaluating the planning and budgeting procedures (based on traditional year-on-year planning as well as on new budgeting approaches such as Beyond Budgeting or Advanced Budgeting)

Ensure that the Enterprise Reporting is efficient and meaningful, through:

• Adoption of international guidelines (e.g. SOX, Basel II)
• Efficient integration of heterogeneous information or technical environments
• Creation of a consistent and flexible analytical view on market, segment, customer, product, and/or component profitability
• Realization of a coherent product, segment and business unit margin analysis across national and company borders
• Identify Key Performance Indicators (KPIs) as reliable measures for business performance and competitiveness

Why Westernacher?

Our consulting approach combines discovery, analysis and innovative thought to deliver pragmatic results that help our clients reach their strategic targets. In every assignment, we look at the strategy, processes and systems of our customers in order to identify and optimize their interdependencies.

Our Experience

We have more than 35 years of experience in various industries and SAP environments as well as in finance and cost accounting. This expertise enables us to realize innovative solutions for our clients by fulfilling their expectations in terms of quality and longevity. In the financial domain, in particular, it is vitally important to create adaptable and responsive systems and processes. We have experienced consultants who understand these issues and can help you to gain a quick and reliable overview of your enterprise and provide you with an improved insight into its performance. Our approach is to find a pragmatic, long-term solution that is right for you, embracing the latest trends in technology and business methodology.

Benefits of our Finance solutions

• Optimal alignment of all your financial processes while taking all internal and external requirements, guidelines and new technologies into account
  
• Clear mapping of your business processes including systems support – with in-depth analysis and reporting functionality
  
• Meaningful reporting and reporting processes according to customer preferences
  
• Ensuring compliance with all accounting standards and guidelines