Finance

Cirquent helps automotive companies transform their finance department – by optimising the organisation, processes, content and IT infrastructure.

Enormous challenges

  • Ensure liquidity and cash flows – this requires worldwide management of the financial flows and the associated cost and risks.
  • Global procurement and sales – the aim here is to comply with the increasingly complex import and export regulations, to optimise cross-company sourcing strategies and to safeguard against suppliers with liquidity problems.
  • Manage costs and services in a company alliance – OEMs and suppliers must manage their high product complexity and overheads transparently and in a way that takes account of where the costs arise so that they can respond adequately when sales revenues fall, the competition gets tougher or the financial environment changes.
  • Improve external billing and reporting – this is the only way to comply with the new statutory regulations like IFRS and the German Accounting Law Modernization Act (BilMoG) and, at the same time, structure accounting processes more efficiently.
  • Identify, evaluate and limit risks – efficient control and safeguarding measures and more transparent business processes are the basis for legally compliant management and to avoid financial damage.

Cirquent – your partner for finance transformation

We can help you restructure your finance department so that it works efficiently - for today and tomorrow. We will support you throughout the entire process of finance transformation: from developing a strategy adapting concepts and implementing the changes in the financial systems through to training and change management.

Our services at a glance

Highlights

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