Customer Profile: A large process equipment manufacturer
Problem: By virtue of being in the project industry, the cash flows of this customer were cyclical in nature. Project execution demanded a high level of upfront purchases which the company had to plan till execution of the order and collection of payments from the customer. There was a need to monitor the finance requirements of the organization and help manage the cyclical nature of the business.
Solution: We built a financial model for monitoring the cash flows and audited the financial practices as well as built an operational budget for us to be able to evaluate the financial health of the business at any time.
Benefit: The client is now having a more transparent view of the business and is able to make certain financial decisions based on facts which he can rely on. This has led to a lot of clarity in decision making for the management.
Improve Financial Monitoring