CFO Advisory Services

FINANCIAL PLANNING & ANALYSIS (FP&A) SOLUTIONS

Process standardization, technology integration and automation are all great ways to increase business capacity and give employees more time to focus on value-driven work.

No longer tethered to transactional or inefficient tasks, Finance teams can be redirected toward more meaningful and strategic work. This is especially important at a time when Finance organizations are increasingly expected to work shoulder-to-shoulder as a partner to the business, helping guide and implement key strategic decisions.

We believe that the CFO’s Financial Planning & Analysis (FP&A) function, which sits at the intersection of financial knowledge and business value, will become increasingly relevant and important. We see a world in which transactional accounting and reporting are becoming increasingly standardized and automated, and business finance (i.e., FP&A) is growing in both size and visibility.

Many finance teams are not properly prepared to support this strategic direction, either as a result of poorly aligned technology, inadequate employee skills or ineffective analytics tools. Working with an expert Finance Transformation partner can remove those obstacles and help FP&A teams realize their full potential and inform business strategy decision-making.

An expert partner with unparalleled expertise, experience and support

At WSBC we have hired the perfect balance of strategic and operational minded FP&A professionals who are able to service any of our clients’ needs with our hands-on approach. Our collective roster has vast experience across several major companies and all industry verticals from CFO down to analyst level. All of our FP&A professionals have one objective in mind: helping our clients optimize their FP&A function by delivering modern solutions across people, process and technology. We deliver sustainable solutions that will generate more value-added predictive analytics and outcomes to solidify their seats at the decision-making table.

Our FP&A solutions tailored to your specific needs

WSBC offers services across the entire FP&A spectrum to either enhance or replace existing FP&A processes or create brand new capabilities.

Strategic Financial Planning

Support strategic business decision-making through data-driven financial modeling.

• Build robust budgets that align functional objectives with corporate goals and initiatives.
• Provide accurate and timely forecasts of data on a periodic basis to track performance throughout the year.
• Model and plan resource capacity to ensure business objectives are met and functions are properly staffed, while gaining cost efficiencies.
• Create detailed capital expenditure plans to guide investment initiatives.
• Develop comprehensive long-range plans to meet stakeholder requests and prepare for event-led transformations (IPO, M&A).

Reporting & Analysis

Cleanse and consolidate data derived from various sources to deliver quality reports and analysis used to make informed business decisions.

• Develop and track leading key performance indicators (KPIs) across any industry or function.
• Produce three-statement financial models to inform management on the current state of business operations, whether it’s a public company or a startup.
• Design tailored management/operational reporting capabilities for financial/operational stakeholders to track performance.
• Provide guidance on business outlook to satisfy external reporting requirements.
• Utilize leading business intelligence platforms (e.g., Alteryx, Tableau, Power BI) to produce captivating data visualization and dashboarding features to highlight the story behind your data.
• Establish self-service reporting techniques to put data back in the hands of operational stakeholders.

Cross-Functional Business Partnering

Provide best in-class immersive business partnering support and earn the coveted role as a trusted advisor.

• PMO key change management initiatives to ensure operational and process alignment, while promoting functional integration and buy-in from key stakeholders.
• Track return on investment (ROI) across M&A, expansion or build-outs of new ventures.
• Advance business case development and support to illustrate potentials of new investments.
• Develop routine cost & profitability analyses to keep a pulse on leading financial indicators across departments.

Interim Management Support

Provide on-demand interim management services to the Office of the CFO.

Integrate seamlessly into your organization to fill some of your most critical core, functional and specialized roles, including but not limited to:

• Financial Analyst
• FP&A Manager
• VP of Finance
• Director of FP&A
• CFO
• Financial planning systems design and optimization experience (e.g., Adaptive Planning, Oracle Hyperion, Planful, Anaplan) combined with leading business intelligence platforms (e.g., Alteryx, Tableau, Power BI)
• Develop target operating models to realize the full capabilities of a strong FP&A function
• Provide interim support while concurrently implementing best-in-class process designs to maximize efficiencies.

ERP IMPLEMENTATION SERVICES

Every business has its own internal dynamics in line with its industry and way of doing business. But business processes are just as universal. In an ERP implementation, it is essential to improve business processes by taking both arguments into consideration and to build the ERP software so that it can manage these improved business processes. One of the biggest mistakes that businesses make during the implementation of ERP software is to build the software to manage existing business processes or to try to fit into the processes that ERP software consultants have set up within the framework of their knowledge and experience.

The main purpose of this service is to adapt the business processes to work with ERP and to adapt the software to this new model in order to eliminate these reasons underlying the failure of many ERP projects.

Within the scope of the service, we analyze and model the expectations of businesses from business processes and software before ERP selection. We prepare data that will shed light on the demo studies of companies that will be considered as ERP alternatives, and we evaluate and report the alternatives. In this way, we present all the necessary information to the business management in order to make a healthy ERP selection.

COST ACCOUNTING

At WSBC, we help our corporate clients maintain their competitive edge. We help our corporate clients through cost accounting processes regarding operating expenses (e.g. materials and consumables, distribution costs, labor and general production costs). In other words, we make a cost assessment of the service produced, and plan profitable and productive business processes for our corporate clients. We bring in the “focus on growth” perspective, which is part of WSBCs organizational DNA, to enhance the business processes of our corporate clients.

We Set up Cost Systems for our Clients

WSBC provides below mentioned services in order to enhance financial agility of our clients through cost accounting systems: 

• Establishment of cost accounting system
• Preparation of reports on costs and profitability for submission to the company management

FINANCIAL OPERATIONS

We’re there when you need us

Companies often struggle to secure the accounting and financial leadership necessary to execute on critical initiatives and increase margins. This is partly because today’s private equity and investment management firms need a special combination of financial and operational solutions to tackle cost and complexity issues. 

At WSBC, we deliver the strategic, financing, accounting and technical expertise needed to optimize financial operations and ultimately increase returns.

How WSBC helps

Our financial operations practice is focused on addressing the needs of private equity firms as they integrate their portfolio companies and generate value throughout the investment life cycle.

The first 3 months following the close of a transaction are critical to the lasting success of the deal. Using our technical accounting expertise and deep operational know-how, we provide clients with integrated support during critical transition periods and throughout the investment holding period. Our team becomes a crucial extension of your team, bridging the gap between value creation strategy and boots-on-the-ground execution.

WSBC offers significant senior operating experience in the areas of: 

• Budgeting and cash flow forecasting
• Treasury management
• Working capital management
• Financial reporting
• Financial planning and analysis

We also provide end-to-end support on digital transformation initiatives that optimize operational finance. Whether it’s streamlining data management or deploying intelligent automation solutions that reduce costs, eliminate errors and boost productivity, we have the cross-functional talent needed to fuel better financial operations.

Why WSBC?

Our experts can approach every project with total circumspection. We can deliver on many fronts — finance and accounting, technology, operations, regulatory, audit advisory, strategy and much more. This enables us to provide long-term solutions that will deliver firm-wide results and empower stakeholders to compound success and create new sources of long-term value.