Initial situations of selected projects
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Plant Engineering - Cash management
button- full order books Machine and employee breakdowns delay deliveries
- Unfinished products and services are increasing
- Sales are deviating more and more from budget
- The book-to-bill ratio is increasing
- Liquidity is becoming scarce
- Investors and banks are getting nervous
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Automotive - Group consolidation
Button- Consolidation of over 40 international investments with different accounting standards
- No uniform group chart of accounts
- Intercompany accounts are not set up per company
- Lengthy and error-prone consolidation process in Excel
- Financial reporting unreliable and only available with a delay of several weeks
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Biotechnology - Project budgeting
button- Customer-specific development projects are carried out using analytical equipment in the laboratory
- The project progress is documented in Excel
- There is no ongoing calculation
- Active customer communication about the project success is not possible
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Mechanical engineering - Process optimization
button- The machinery is outdated
- No machine data acquisition with ERP system connection
- Shift plans not coordinated with production orders
- Too many employees with the wrong qualifications in production
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Electronics Manufacturing - SCM
button- Customer complaints about delivery deadlines
- Too much wrong material in stock
- Increasing outsourcing of original in-house services
- Increases production costs
- Market reputation at risk
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Plant engineering - ERP connection
button- No reliable inventory of quantity and valuation
- Automated order suggestions with BOM resolution across multiple component levels are not used
- BOM and work plans are not fully backed up with master data
- Inventory brings new surprises in the physical stock check at the end of the period
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Finance - Cash management
Button- Late invoicing delays the start of the payment period
- Insufficient information about Incoterms for sales department
- Inefficient dunning processes
- Lack of short-term liquidity forecast on a weekly basis
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IPO Preparation
Button- Preparation of an IPO on the NASDAQ
- Retrospective preparation of the annual financial statements according to US GAAP
- Preparation of the stock exchange prospectus according to SEC S-1
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