Finance
An ever broader and more complex scope of action for Finance Departments
Finance Departments are expected not only to execute their operations in a controlled manner, but also to provide added value in terms of strategic management and business steering.
The Finance function also plays an important role in risk management, internal control and regulatory compliance.
It must seize the opportunities offered by digitization, RPA and AI to reduce complexity and contribute - through its own activities - to business transformation.
Our expertise
Finance Transformation
ORGANIZING AND MOBILIZING TEAMS
- Opportunity studies / Business cases / Synergy assessments
- Outsourcing (BPO) / Shared Service Centers
- Target organization design and impact measurements
- Redesigning the value proposition for internal customers
- Optimizing working capital
- Electronic invoicing / Dematerialization of workflows
- Process design / re-engineering: Lean approaches, Fast close, RPA/IA, CSRD Reporting
TRANSFORMING FINANCIAL PROCESSES
BUSINESS PERFORMANCE MANAGEMENT
- Efficiency / cost reduction (SG&A)
- Business management: financial modeling, dashboards, data analytics
- Strategy / IS Finance master plans
- Support in choosing solutions (ERP, Reporting, BI, etc.)
- Management and support for Finance IS/digitization projects
FINANCIAL INFORMATION SYSTEMS
Our approach
Our work focuses on transforming the Finance function and, more generally, on optimizing the performance and financial structure of companies.
Well versed in the complex issues associated with investment decisions, steering and improving finance processes, our team has developed a resolutely systemic approach (processes, organization, tools, skills, corporate culture).
We are convinced that, over and above the technical and regal dimension, the Finance function's hallmark is its ability to implement pragmatic solutions, to work with the business lines and to disseminate the financial culture within the company.
Success stories
Carrying out an efficiency reengineering program
Our mission
Our approach
This approach contributes to an ambitious performance plan, worth several hundred million dollars over 3 years.
Our added value
- Ability to grasp the complexity of an organization forged by history and successive acquisitions
- Expertise in organizational diagnostics and performance management
Securing the year-end closing
Our mission
Our approach
- Develop risk analysis with a focus on major risks and vulnerabilities and those with a higher probability of occurrence
- Identify critical activities and their operational requirements (including critical resources)
- Evaluate existing prevention plans
- Develop responses and implementation methods/constraints and assess expected gains
Our added value
- Control of closing processes and risk management approach
- Ability to think ahead about acceptable modus operandi in downgraded mode
Preparing an asset transfer operation
Our mission
Our approach
- Demonstrate the benefits of the project, from a strategic, economic and business point of view
- Define possible options in terms of legal, financial and tax arrangements
- Develop a virtuous business model for each of the entities concerned
- Laying down the principles of effective governance
Our added value
- Knowledge of sector issues, players and context
- Mastery of financial modeling techniques and legal and contractual engineering
- Feedback on similar operations
Manage electronic invoicing compliance
Our mission
As part of the reform of electronic invoicing, a transport operator must be able to issue invoices in electronic format to all its B2B customers.
This evolution requires us to adapt our customer paths to acquire the B2B customer data needed for invoicing.
Our approach
- Identify the impact of the new regulations on billing schemes for different use cases
- Overhaul data repositories and customer paths for each distribution channel
- Support cross-functional management
Our added value
- Knowledge of regulations
- Perfect knowledge of Finance processes
- Cross-functional vision of issues, especially marketing issues, in a project with a focus on accounting/taxation and IT.
Set up an internal control system
Our mission
A leader in the food industry is looking for :
- Secure the execution and performance of newly deployed processes, worldwide across all divisions and regions
- Implement a system of internal control (first and second level) and continuous improvement
Our approach
- Identify issues and assess major risks on Demand to Supply, Brief to Adoption, Order to Cash, Source to Pay processes
- Define and specify key controls: objectives, alert thresholds, data, sources, etc.
- Design the operational control system in line with existing procedures and associated tools: governance, specific procedures, dashboards, etc.
- Preparing for change and supporting operational integration (pilot phase, getting to grips with the system and ramping it up)
Our added value
- Knowledge of industrial processes
- Expertise in risk management and internal control systems
Our recent publications
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How can iQo support you?
iQo is a new player in the consulting sector, whose mission is to "unleash collective genius to co-construct desirable futures".
- Our firm offers a unique approach to co-construction with our customers.
- We advocate the hybridization of skills and know-how
- We offer you small, agile teams that are sincerely committed to working alongside you, as an extension of your teams.
- We are "makers" and offer concrete, results-oriented solutions tailored to your specific
needs. - We're committed: iQo is an ISO 14001 and B Corp certified company with a mission.