Why our services can be of use?
Finance and Accounting Management is crucial for your company because, in addition to the fact that it enables you to ensure an optimal use of your investments and assets, it also gives you a precise vision of the true profitability of your business and allows you to pilot your company using relevant tools and detailed metrics.
BSTART can help you improve and optimize the performance of your Finance & Accounting services, by working on the following elements:
- Precision, lead-time and relevance of information being processed and shared,
- Frequency and nature of work-flows,
- Automated integration of accounting data,
- De-materialization of invoices, …
Our goal is to help your Finance & Accounting function become a true partner for your management team, so helping them to take the relevant strategic and operational decisions necessary to run your business.
In which domains?
We are experienced and able to assist you in the following major operational domains:
- Financial management (Profitability analysis, working capital needs and funding, …),
- Accounting (Reduction of period-end closing lead-times, simplification of processes, …),
- Treasury management (Cash-flow improvement, forecast reports, …),
- Management controls (Define objectives for cost and profitability metrics, create dashboards and key performance indicators, …)
We take both a holistic and detailed approach: we will undertake an audit of your business and revert to you with proposals on potential improvements, a plan of action as well as a monitoring process to help you keep track of the progress on the implementation of each work-stream.
We can advise you on how to deal with difficult economic situations, in particular by focusing on your company's working capital needs and implementing measures to control or even reduce them (in particular by working on your accounts receivable, accounts payable and inventories) or by acting on the various sources of funding your company in order to adjust them as closely as possible to your activity.
In addition, we can make recommendations to develop the proactivity and flexibility of your teams, in other words, your organizational agility.