Consulting and Value-Add Projects

CONSULTING – SHAPING THE FUTURE.

My experience in implementing projects in various areas of business management ensures you reach your goals.

Business Process Reengineering

Reporting & Compliance Systems

ERP-Implementation

Specialized in ERP-Implementations & Process Reengineering

Professional consulting in the area of

Business Process Reengineering

Every Business is looking for more efficient processes. Optimizing resources, cycle time and costs is the main objective. But what is business process reengineering and how can you benefit from it.? In every company there is a business process that is not ideal but works just well enough so there is no direct need to improve it. It’s often viewed under the motto „it’s always been like this; it’s never been like this and where will we end up if we change it”. Specifically, these business processes are pure poison for every company. Depending on the reach of the process, it demotivates employees or even harms competitiveness and profitability of a company. Most companies even know exactly which these processes are but do not have the bandwidth or expertise to improve them.

A client that has already identified has a competent partner in me drive the execution of the process optimization. My standard approach of measurable value-add will be utilized here. Detailed analysis of the current state, definition of an achievable target state, the methodical creation of a targeted, measurable, and phased plan and the definition of the relevant KPIs are put in place. In the areas of reporting, commercial finance, compliance, accounting, receivable management & treasury, procurement, and many other areas of business management I can draw from personal experience to execute these projects. Every company can benefit from business processes reengineering. Lets find out together how I can support you in making your business leaner and more profitable.

A great advantage for your company

Compliance & Reporting Systems

The aim of implementing Reporting- and Compliance systems is the reduction of manual interaction and increase transparency. The key element for the success of projects like this is the precise definition of the scope. Inexperienced leaders often request a scope to „cure world hunger”. Almost always this causes these projects to fail while overshooting on budget. To avoid this, it is pivotal to have an impartial and experienced partner by your side that can balance between aspiration and the achievable. For this experience on both the technical as well as the businesses process side are required. What’s possible, what’s sensible and what is the perfect balance within the boundaries of the budget. Especially in the areas of Hyperion HFM, OneStream, Blackline and BI I can support in defining the right scope or leading the project based on my previous experience.

More information about compliance:

A Reporting System is a software application designed to capture, consolidate and analyses financial and performance data. When implementing a Reporting System its important to customize them to the local business process to ensure accurate and meaningful analysis. Reporting Systems are used for the consolidation of financial data for the creation of annual reports as well as for the creation of Ad Hoc analysis use to manage the KIP of the daily operations. A targeted Reporting System Implementation improves transparency while creating cost savings.

There is a variety of software solutions in the market. Many solution providers are specialized on certain industries or applications. The most successful Reporting Tools are Hyperion Financial Management (HFM), OneStream and Cognos for consolidation and Microsoft BI, Qlik and Tableau for Business Reporting.

A Compliance Management System (CMS) is a system for recording, managing and monitoring company regulations. The CMS helps the company minimize its compliance risks and ensure compliance with regulations. An effective CMS consists of several components, all of which must be aligned to be effective. These include a compliance-focused culture, clearly defined roles & responsibilities, policy-based processes and technologies, and regular monitoring and reporting. The CMS is an essential component of enterprise risk management and helps achieve business objectives.

An effective CMS not only helps the company minimize its compliance risks, but also ensures that regulatory compliance is followed. In addition, a well-functioning CMS can help reduce costs and free up resources.

A Compliance Management System (CMS) is a system for monitoring and controlling corporate processes. It is designed to ensure that corporate requirements are met and risks are minimized.

Compliance-Policy: The compliance policy specifies which rules of conduct are to apply in the company. It contains guidelines and procedures for implementing compliance objectives.

Compliance Organization: The compliance organization is responsible for implementing and enforcing the compliance policies. It consists of the associates responsible for planning, implementing and monitoring compliance-relevant activities.

Compliance-Monitoring: Compliance monitoring ensures adherence to the compliance policy. It includes measures to detect  infringements of the policy and to eliminate the root-causes of such infringements.

Compliance-Reporting: Compliance reporting ensures the regular  collection and analysis of data from compliance-relevant processes. This data is used to monitor the CMS and further develop the compliance policy.

When implementing a compliance program, the primary objective is to ensure external and internal compliance while achieving corporate goals and minimize corporate risks. This can be achieved by creating a structured compliance organization, relevant policies and procedures, and by establishing effective control mechanisms. The objective should always be to cover all relevant risks entirely and sustainably.

Mastering challenging projects

ERP Implementations

Are you looking for an ERP consultant to help you with your ERP project? Implementing or upgrading ERP systems is in many instances a monumental effort that often fails to deliver when attempted with only in-house resources. This has two reasons. In most businesses the staff is fully immersed in the daily activities and the ERP implementation becomes second priority. The second reason is, that when businesses attempt to implement and ERP system out of their staff, existing business processes are copied. In a business with perfect processes that might not be a problem but for most businesses an ERP implementation is a missed opportunity to optimize the business processes. Hiring a consultant that can benchmark references from other business and challenge the status quo is a worthwhile opportunity. This way the ERP implementation does not end up being a “cost of doing business” project but becomes a real “added value” project. My customers can benefit from my experience in the areas of business process reengineering as well as Oracle, Microsoft AX and SAP implementations.

The solution you are planning to implement is not included on my list? Lets discuss which ERR solution you have chosen and how I can help you implement it.