Finance steering model advisory

A fundamental precondition for effective corporate management is the cohesion between strategy and financial processes. This process requires translating strategy into a viable financial steering logic. The financial steering model guides the determination of financial targets across different areas of responsibility, establishing fundamental steering principles and financial objectives. Responsibility for assessing the success of goal attainment typically falls on the finance department.

Modern challenges in financial steering

When companies introduce new strategies, the finance department may often encounter difficulties due to a variety of reasons. These may include issues such as:

• Flexibility deficits: Financial structures lack the flexibility to meet evolving reporting requirements.
• Data accessibility: Essential data is not readily available, or its creation demands significant manual effort.
• System discrepancies: Data originates from multiple systems with varying granularity, making reconciliation a cumbersome and time-consuming task.
• Forecasting and planning gaps: Forward-looking forecasting and planning processes do not exist, or they are inadequate.

Intito’s Finance steering model advisory

Expert consultation: Access a team of seasoned advisors who specialize in financial steering models, providing insights and strategies to enhance alignment between your finance and strategic goals.

Customized strategies: We deliver personalized solutions tailored to your unique business needs, ensuring your financial steering model supports your strategic objectives and adapts to market dynamics.

Risk mitigation: Our approach includes a strong focus on identifying potential risks and uncertainties, offering strategies to navigate and mitigate these challenges effectively.

Why choose our advisory services

Intito financial steering model advisory combines expertise in management accounting and technical solutions to successfully develop or adjust effective financial steering models. By harnessing and optimizing cutting-edge technical solutions, we can help bridge the gap between finance and strategy, ensuring a seamless integration of financial processes with strategic objectives.

4 benefits of our advisory services to your business:

• Gain a financial structure with the elasticity to adapt to evolving reporting requirements.
• Achieve effortless access to crucial data with minimized manual effort. We streamline data processes, ensuring essential information is readily available, enhancing decision-making and strategic planning.
• Overcome system discrepancies with our holistic approach to data integration. Our services facilitate the reconciliation of data from multiple systems, regardless of granularity, simplifying processes and saving valuable time.
• We address gaps in existing processes, introducing robust forecasting and planning methodologies that align with your strategic objectives.

Elevate your planning and forecasting with the guidance of Intito’s advisors. Contact us today to schedule a consultation and discover how our expertise can drive your finance steering model to new heights.