PwC helps you to attain increased performance by improving the efficiency and effectiveness of your company’s key business operations. Using our deep understanding of finance, risk management/compliance, IT systems, operations and human resources, we help our clients identify and implement cost saving initiatives, improve management and control, identify and manage risk and improve quality. We also use our proven experience and expertise to support you to optimising your cash-flow management, resource allocation and provide business intelligenence solutions.
When it comes to business intelligence (BI), organisations face a range of challenges depending on where they are in their BI journey. These include the cost, time and technical expertise needed to implement BI tools.
For those who have adopted BI tools, it can be a struggle to align reporting to continuously changing business needs as the pace of change outstrips their ability to update reporting metrics. Or it can be hard to establish an accurate picture of the performance of complex programmes due to the challenge of reporting against huge amounts of siloed data.
Using data and analytics expertise, combined with an understanding of our clients’ businesses, we help you answer questions like:
Current uncertainties in the global economy and financial markets are putting increasing pressures on companies and their supply chains. In these times of economic uncertainty and reduced access to credit, working capital remains an obvious and key source of finance - it is the cheapest source of cash and it is available to most businesses.
The fundamental principles of working capital are clear: reduce inventory and receivables whilst increasing payables balances. Companies which excel in their management of working capital will have a real competitive advantage.
Working Capital Management ("WCM") initiatives release working capital and increase liquidity which companies can use for strategic investments or debt reduction. In addition, it enhances profitability due to an efficiency improvement in the processes and a reduction in capital cost.
Improving working capital also inevitably leads to a sustainable increase in Economic Profit / Return on Capital Employed (ROCE) and to a higher corporate value.
Unfortunately, many companies lack a systematic approach to managing their working capital and treat the issue in an ad-hoc and decentralised way. As such they find it hard to optimise working capital.
Assess current and future business needs. Identify the size and nature of an organisation’s skills gaps and mismatches, where to start and what to prioritise.
Build strategic plans to deal with the skills gaps which have the most impact on delivering business value.
Use culture as the bedrock of an organisation’s upskilling efforts.
Create and deploy programmes which harness the organisation's culture and use key behavioural economics principles to deliver the right learning experience and rapid results.
Measure the return on investment from upskilling programmes.
Budgeting and forecasting take on an increased importance in a rapidly changing enviroment, as it serves as means of best managed adaptation to the circumstances that effect the business. Budgeting gives the opportunity to reprioritize resources and address business risks in a timely manner. Controlling and supporting of execution of the business strategy, based on appropriate financial and non-financial data will contribute to efficient business decision making.
Are you interested in deeper understanding of your costs but also your profitability? Are you able to quickly and with good quality and precision answer to the questions of the management and business stakeholders? Is it important to measure and improve profitability in different dimensions like product but also channel or customer basis? Would you require the ability to quickly simulate the effects of a business decision, being able to draw scenarios without long hours and weeks of manual modelling?
2020 will mark the 12th year that PwC have been reviewing sustainability reporting across the FTSE 350, public interest entities (PIEs), and inbound companies. This report contains the results of our analysis, expert guidance to improve your reporting and a selection of leading examples that we at PwC have identified...
It’s time to stop judging success by numbers alone. While organisations have traditionally been defined by their financial returns, a broader set of factors now determine performance and value.
As the impact of COVID-19 brings the resilience and wellbeing of your people front of mind, there’s also an increased need for companies to protect liquidity. Particularly for those in a high leverage model, reacting fast to the changing cash and working capital needs is a crucial lifeline.
As the traditional physical work environment changes, cloud-based systems, digital platforms, automation and AI have allowed organisations to continue to function while workers have been confined to working remotely.
