Application and finance function audit
The application and finance function audit of your management solutions fulfilled by e-widensia offers you a full 360-degree vision

• By combining the provision of business and infrastructure skills with management solutions
• Mapping of information systems and KPI list
• Your management solutions will be analyzed by e-widensia and all relevant technical and functional indicators will be delivered to you.
• By applying sing a proven audit methodology that allows you to provide a factual assessment of the health of your solutions, as well as recommendations of good practices to apply in your context and an implementation project plan schedule.
• Diagnosis of the Finance function
• Review of the articulation of responsibilities between the business players in the finance function (accounting, treasury, consolidation, …) and operational staff

Financial management

• Collect the most up-to-date financial and non-financial information
• Structuring your financial processes in an integrated and automated finance IS
• Accelerating and making decision-making more reliable with shared management indicators
• Improve team productivity by mobilizing them on analysis rather than consolidating data
• Take advantage of digital and big data to integrate finance into the global transformation process of the company
• Preserving margins while optimizing operational efficiency and opening up new opportunities for growth
• Simplify planning cycles, optimize the budgeting process
• Manage cash flow with a dual objective of risk management and value creation
• Reduce reporting efforts
• Shorten the closing process

Budget preparation process

• Our offer to simplify and to automate the construction of budget and rolling forecast, based on the following steps:
  • Plan and define the budget process, calendar of activities, elements to measure …
  • Define the reporting structure, analysis model, granularity of the indicators …
  • Define critical performance indicators in support of the strategic plan
  • Our business teams help you to build an analysis grid for the choice of the budgeting tool
  • Training and transfert of skills for the users
  • Allocate tasks, select the bottom-up or top-down model, define collaboration and workflow modes
  • Define timelines
  • Identify independent variables and outcomes to deliver
  • Measure actual results, analyze variance, define frequency of update
  • Revise the budgetary financial model

• Your target:
  • Measuring cash available, optimizing working capitzl and generating cash
  • Anticipate short-term or long-term cash requirements
  • Secure Receipts and Disbursements
  • Model cash flow forecasts using the direct or indirect method
  • Reliability of information systems related to cash forecasts
  • Set up appropriate reporting, dedicated to cash flow forecasts.

• Our approach offer:
  • Establish your cash flow chart from your data powerded by transactional systems
  • Opt, on the operating flows, for the indirect and / or direct method
  • Calculate net monthly cash position
  • Explain its variations
  • Dialogue with your Treasury team on common bases

Management Reporting

• We can help you reduce closing times with a Fast Close Approach
• Optimize and secure financial processes
• Manage the complexity of operations, manage associated risks
• Simulate the impact of a change related to the activity
• Better understand the past activity and project on the forecast

Operational Reporting

• In order to overcome the traditional challenges of budgetary control, financial indicators must be added to the operational indicators that are closer to the reality of the business and the market, such as human resources, taxation, treasury, purchasing, IT and environment reports.
• They can also be divisional reports, branches, poles which, by enriching a group model, limit the costs of acquiring the data, make the different lifts more reliable and increase the possibilities of analysis.
• E-widensia offers you all its experience in the analysis and implementation of operational reports within your applications.
• E-widensia is an acknowledged actor in complex organizations and its teams have a long history of managing the reporting of branches, divisions and divisions within large international groups.

Sustainable Development Report and CSR Reporting

• The NRE laws, Grenelle II, the European directive being transposed … gradually strengthen the legal framework governing sustainable development reporting.
• These new legal measures encourage companies to set up a real management of their extra-financial and then overall performance, thus requiring a structuring of the process of collecting quantitative and qualitative information scattered throughout the company.
• The demand for information for compliance with Grenelle II, for the management report or for communication to the stakeholders (Clients, Investors …) is constantly growing
• Consistency in the collection of this information has become a major issue. Being able to access it easily becomes a real need.
• E-widensia has the solution for your CSR collection

Business Intelligence

• Identification of business players
• Project management
• Implementation of decision-making information systems (construction of data warehouses)
• Project owner / Business owner to the CIOs and the business players on the deployment of solutions
• Assistance in the cross-functional management of business intelligence programs

Big Data

• Implementation of management tools
• Recover and synthesize massive data quickly
• Generate data analysis reports useful for the governance of your group
• IoT coupling