Controlling Optimisation

Case Study „Controlling Optimisation”

Situation

  • Restructuring situation due to earnings and liquidity crisis
  • Bottlenecks in personnel capacities in the controlling and accounting departments
  • No investor- oriented reporting

Solution

  • Interim support in the controlling department
  • Setup of reporting with the following focuses:
    • Reporting to investors and banks
    • Monthly, integrated KPI cockpit on group level
    • Cockpit based investment reporting for subsidiaries
  • Preparation and presentation of monthly reporting results to the management board
  • Support on the preparation of budgets and forecasts including sensitivity and deviation analyses
  • Preparation of quarterly review meetings with subsidiaries
  • Business plan conception for the foundation of a foreign subsidiary
  • Development and preparation of a financial model in the context of the introduction of a new product line
  • Presentation of product introduction impacts on SFA provisions and respective modification; preparation of a waiver letter
  • Modification of a group wide investment guideline
  • Workshops for reorganization of the controlling and accounting departments

Result

  • Successful refinancing and change of owner
  • Implementation of commercial management and controlling systems
  • Reorganisation of the controlling department

About the client

  • Leading plastics processing group with revenues of > €500m, > 3,000 employees and more than 20 national and international locations