Controlling advisory

Management accounting in its many forms, a hot topic among CFOs and business leaders. Their most visible issue is the need for better management information — the complete and accurate data driven solutions to efficiently reporting.

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.

Business intelligence (BI) consulting and 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:

How do I rapidly achieve a sustainable reporting capability that provides the intelligence I need?
What are the KPIs I need to run my business?
How do I build a reliable intelligence picture for strategic programmes?
How do we agree common and consistent metrics that drive collaboration across regions, business units, and partners?

Working capital & Cash flow planning

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.

Digital upskilling

Identify skills gaps and mismatches

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.

Define future workforce and understand the possibilities available from automation
Assess current workforce capabilities
Understand the organisational culture
Identify skills gaps, mismatches and role adjacencies
Validate the case for change

Build a future-proof skills strategy

Build strategic plans to deal with the skills gaps which have the most impact on delivering business value.

Rapidly review and refresh upskilling strategy
Make inclusion a priority
Improve effectiveness of learning organisation & tech
Test strategic alternatives and scale best-performing programmes

Lay the cultural foundation

Use culture as the bedrock of an organisation’s upskilling efforts.

Create a cultural shift and the right behaviours
Inspire citizen-led innovation
Nurture physical vitality and mental wellbeing

Develop and implement upskilling

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.

Create buy-in and align rewards and incentives
Harness free time for learning
Design for an engaging learning experience
Build digital understanding
Focus on targeted personal transformation journeys
Deliver effective training

Evaluate return on investment

Measure the return on investment from upskilling programmes.

Measure Return on Learning investment
Track Employee Engagement
Benchmark the L&D function

Budgeting & Forecastig

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.

Cost transformation and management

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?

We can provide you support in:

Providing professional opinion or audit on existing cost models
Methodology and process review of management accounting structures and processes (e.g. cost objects, cost allocation, related calculations etc.)
Elaboration of new type of profitability models (e.g. customer or channel profitability) or simulation models
Preparation for new cost allocation, simulation and profitability mgmt IT solutions - Specification, technology and vendor selection
Design and implementation of new cost allocation, simulation and profitability mgmt IT solutions (as system integratior)
Design and implementation of profitability reports in various dashboarding solutions
Support of cost reduction and transformation programs

External reporting

Are your stakeholders interested in information on top of what is included in the audited financial statements? Would you like to enhance your reporting on financial and nonfinancial performance, business model, risks and strategy which together forms the basis for an effective assessment of expected future performance.

We can provide you support in:

providing you benchmarks on what your industry is reporting on
provide you support in establishing and mainting an information and reporting system that enables timely monitoring of these key performance indicators
providing assurance that the information reported to the stakeholders are accurate and reliable
providing support in implementation of ESG reporting
enhancing your consolidation and other reporting procedures supporting external reporting

Future of controlling

Do you struggle to find the time to think about the future of your area? Do you feel that besides the daily survival you should develop the value add of your services and increase your impact on the organization? Do you feel that the fast technology and other trends are difficult to follow also you should take steps to keep up with the competition? Have you heard of technologies like dashboarding, robotic process automation, simulation systems, smart accounting or tax tools but you don't know where to start?

We can provide you support in:

Maturity and AS-IS assessment of Finance function
Elaboration of Finance (or any sub areas like controlling, accounting, tax) modernization strategy and roadmap
Design and setup of new value added teams, governance, processes and operation - e.g. BICC, Automation team etc.
Review of Finance IT landscape formulating strategy and roadmap for development
Provide decision support regarding technology investments of Finance

Investment appraisal

Do you wish to understand what the value implications might be of certain strategic decisions? Do you understand where shareholder value is being created within your business or group? Are you struggeling to find the best method to value your investment opportunities?

We can provide you support in:

review your investments and strategic options
assessing optimal capital structure
providing detailed investment appraisal analysis to your strategic plan

Management and budgetary control

Can you manage efficiently short term business changes in your budgets and advise improvement actions according to your business performance? Do your business managers proactively manage their budgets?

We can provide you with techniques that deliver:

handling of uncertainties in budgets with scenario planning
smart planning processes and control improvements that boost efficiency, increase transparency and support business performance

Price, discount and product decisions

Do you know which customers brings you the most profit and how your pricing decisions are effecting your margin? Do you have a real-time view on the profitability of your products and services and is it included in pricing and production devisions? Do you know how the change in foreign currency is effecting the product profitability? Do you have a single truth on these figures?

We can provide you support in:

setting up and maintaining product profitability analysis and setting up customer P&L
understanding which cash flows are relevant for inclusion in calculations to determine prices
the assessment of effect of foreign currency risk on pricing decisions
setting up meaningful internal reporting on the topics, including dashboarding
analysing target market to set target price and margin, and therefore target cost

Resource management

Is your resource allocation efficient and supports to reach maximum business performance? Is prioritization well considered? How do you manage improvement actions?

We offer resource management services and professional experience that can support you to fact-based prioritize your business iniciatives along the priorities of the stakeholders

Treasury and cash management

Your company is facing with inability to meet short-term financial demands, that creats serious business disruptions with lasting negative consequences? Do you need clear visibility of cash flows? Are you affected by movements in foreign exchange?

We can help you:

Maintain an optimal level of liquidity to fund operations
Achieve real time visibility into your liquidity position across multiple banks in a single platform
Manage liquidity decisions with reliable short term cash flow forecasting.
reduction of income statement FX volatility and better tax cash outflows
greater understanding of FX cash flow impacts with potential competitive advantages