Financial management

“Being based on profitability, risk and value, by evaluating the financial stability of the economic activity, trends in the evolution of the economic activity are identified”.

Any economic activity requires day-to-day management decisions that will mark the future development of the business. A good knowledge of the current situation provides the basis for implementing development strategies and correcting economic deviations in the context of an increasingly competitive economy, under the permanent pressure of the fluctuation of micro and macroeconomic factors.

In order to get this information in real time, we implement integrated systems for collecting financial information and measuring the activity by performance (KPI) and risk (KRI) indicators starting from each operational structure as part of analyzing the entire activity of the company.

Joined under operational process tracking charts, they measure in real time the results obtained by implementing strategic goals and contribute to the prevention of economic deviations.

In order to implement such a system, an in-depth economic analysis of the entire company’s operational structure is required in terms of impact on the final outcome. The premises are created to ensure financial transparency at the company level, thus the management decision processes are based both on previous developments and also on forecasts of their future development, as well as on recommendations tailored to the economic context.

The Exprom’s economic analyst structures the information for the whole client company, establishes the economic information flows and the rules of recording in a gradually manner (on each informational level), synthesizes the information by selecting the most suitable indicators for the company, analyzes their evolution and proposes measures for efficiency or correction.

As part of this significant role in obtaining accurate and compact information as a base for management decisions, within the analysis department of Exprom we offer consulting services including efficiency solutions tailored on the business needs of each company.

Efficiency solutions for companies

  • We begin the analysis by making a financial diagnosis based on the accounting information for the last 3 years from the balance sheet and profit and loss statement, summarized in an interactive chart of evolution, for the main indicators of financial stability, profitability and solvability, with detailed annexes on their evolution over time.
  • Based on the analysis of their past evolution, we create a financial diagnostic report in which we present the identified economic processes, how they evolved over time and make recommendations for enhancing efficiency and correcting trends that may have a negative impact on the company’s economic results.

As integrated analysis elements, we mention:

  • management and working capital analytical techniques;
  • analysis of return on invested capital;
  • structure analysis of circulating assets;
  • cost of the goods sold;
  • analysis of the opportunity to invest in fixed assets;
  • opportunity analyzes for credit lines for the operating activity;
  • impact analyzes for extended payment terms.
  • We continue the analysis with the integration of future cash flows generated from the current and future activity into a chart with a calendar of receivables and payables according to their due dates in order to obtain a more accurate image of the future cash.
  • We analyze the operational processes on organizational structures;
  • We configure the chart of information flow and document flow within the functional organizational chart;
  • We configure the workflows to track monthly transactions for:
    • centralized records of completed operations;
    • centralization of costs by profit centers and cost centers;
    • removing redundant processes;
    • inventory optimization and enhancing the efficiency of supply flows;
    • optimization of working time planning;
    • optimization of tracking execution and compliance with contracts;
    • profitability calculation for projects with extended terms.
  • We analyze profitability by product (product mix) or by work (services);
  • We analyze the product mix based on the sales history;
  • We offer customized solutions for planning the operational activity;
  • We configure income and expense budgets on profit centers and cost centers.