CHALLENGE
A Russian communications agency had been operating regularly in several countries. It had its own accounting department as well as a financial service responsible for reporting and control. However, the owners of the company received management reports with great delays and inaccuracies. It was very difficult and risky to make decisions based on unusable or out-of-date data.
SOLUTION
SCHNEIDER GROUP analyzed available forms of management reporting, budgets, current business processes, and the company’s financial structure itself.
Having also studied employees’ salaries, we gave recommendations to Client on forming the financial department structure and tasks distribution to improve team performance and meet business needs.
Our team has developed a number of proposals to optimize the processes in the company, made suggestions on process automation, build a management accounting system, accounting policy and management reports development.
RESULT
The client has accepted our recommendations and signed a contract with SCHNEIDER GROUP on staff recruitment. Our experts conducted a thorough selection of candidates and selected an employee who fully met the criteria. The new employee started to work and perform the tasks assigned to him. Together with our consulting support, the processes at the Client’s company become much more efficient.