CONSOLIDATION (31 MM)

Customer: Middle-class automotive-developer, owned by an US-group (Machines for structural material testing, e.g. catapults)
Function: Head of Controlling and Accounting
Situation: Consolidation phase after restructuring, preparation of due diligence (whole group), bad temper, lack of knowledge
Request: Teambuilding & Know-How Transfer
Further
Request: :
Analyse data quality
Review reporting
Implement COGNOS

 

Project result:

  • Re-allocation of activities and responsibilities inside financial department, personnel measures.
  • Installation of a system-based Bridge (Local GAAP to US-GAAP)
    reduced year-end-closing time (one of the first versions of ledger-accounting in SAP)
  • Know-How transfer in project controlling increased reporting transparency (deviation analysis)
  • Co-Design COGNOS architecture at corporate level, implementation of COGNOS in German entity, fully automated upload of SAP data