The domain of Performance Management helps to establish reports, analysis, planning and financial consolidation for CFO offices.
In Swiss SMEs, Synchrotech often meets directors or financial controllers that complain about having too many Excel sheets containing different departments data sources in order to meet their needs. One part of the problem may come from an organic uncoordinated development of different analytical solutions within these departments, or an external grow (new market, new regions or acquisition). SMEs have specific constraints in terms of resources, while objectives and needs are quite the same as for major account: data reliability, processes automation.
First of all, CFO offices need to make enough time and to organize resources in order to document the enterprise strategy, decline in operational plans and identify gaps between current and expected results before analyzing the causes. The main source of time saving is on the job required by the data gathering and the verification of the data sets.
So the CFO office will bring added value to the expected steering business while being able to better assess its risks of exposure.
All EPM solutions that we implement contribute to:
Contact Synchrotech to discuss about your need and the specificity of your environment. We'll advise for an objective solution that meets your requirements: