Delfo begins the project of preparation of a system of financial management

The InCoSol investment consulting group starts development of the system of financial management of Delfo autoholding on the platform of the solution "Management System for Obligations", the press service of the company reported on July 24, 2013.

Start of Project

The management of Delfo autoholding was faced the need of review of a financial system. As consultants experts of InCoSol investment consulting group are involved to the project.

"Each business is unique therefore the system of financial management should be worked methodologically out taking into account a configuration and strategic objectives of the company, - Alfiya Zaynullina, the project manager, the director of InCoSol Group methodology noted. - In this case for development of holding it is extremely important to adjust operational management of means of payment, to optimize structure of a profitable and account part of the budget and also to set the personal responsibility for financial performance. All this should be made within the project".

Project Plans

At the first stage of works the project team will book audit of the existing financial reporting system and also the accounting systems to reveal problem places and to find out how these systems correspond to the solution of the tasks set by owners of business.

Further the methodology of management accounting in holding will be developed. Then the project team will formulate rules of collecting and transformation of data from the accounting systems of divisions. It it is necessary to estimate the real situation regarding business performance and perspectives of its development, to have a clear, transparent, clear picture.

The ready concept of financial management should be stated in regulations. There budget forms will be provided, the structure of income and expense items, key indicators, an order of financial statements is defined, the main business processes and structure of responsibility for a financial result of the company are described.

It is expected, specified will allow to increase the level of control by owners of holding.