Controlling in times of crises

Covid19, gas crisis and so on! What about our liquidity? Do we have to adapt our production and what are the acute risks? Do you have all the answers to control-related questions ready? Find out how the ongoing crises are affecting your sales targets, liquidity, dividend payments, production plans and personnel situation – and whether these are threatening your company’s existence.

The smartPM package for “Controlling in Crisis” provides you with all relevant internal and external information to prepare for and during crises. Run through different scenarios and evaluate their impact on the company’s bottom line. Control actively instead of just reacting. In our current Whitepaper, you can read in 7 steps how you can successfully deal with external crises in controlling.

Download "Controlling in times of crisis" Whitepaper >>

Modern, connected, solid and easy to use CPM solution in times of crisis

  • Monitor and forecast short-term liquidity
  • Simulate the immediate effect of the crisis on your company
  • Aggregate & analyze all estimates from different divisions, report comments in a consolidated manner and take joint action
  • Bridge cash gaps in the event of liquidity bottlenecks
  • Review and track actions/initiatives/measures through online collaboration (e.g. MS Teams).
  • Easily adjust forecasted personnel expenses at employee level and plan reduced working hours for employees or cost centers
  • Make the right decisions based on what-if analyses, scenario simulations and the simulated impact on the income statement, balance sheet and cash flow
  • Stabilize and improve sales through special promotions or campaigns
  • Calculate and optimize the impact of changes in demand on production/capacity
  • Bring together all relevant information in the integrated corporate planning and forecast the impact of the crisis on your company

7 steps to managing a crisis in planning

With over 25 years of Finance experience Alexander Hein is willing to share his personal insights during an exclusive 1 on 1.

How we help our clients in times of crisis:

Why we start a CPM Project during a global crisis? ‘If you find yourself in a hole, you better stop digging.’ OR ‘Attack is the best form of defence.’ Both mottoes mean that we rather should act, since any crisis offers opportunities. Thus, and because of a proper backlog, we want to take our whole CPM (‘Corporate Performance Management’) Software architecture to the next level. We have invested a lot of time and effort for skilling up our team throughout the past years, now we want to support them with state-of-the-art software. That’s why we have selected smartPM.solutions as our preferred partner. We focus on the three main business requirements ‘Project Calculation’, ‘Project Management’ and ‘Integrated Business Planning’. Our main targets are process optimization, data/decision transparency increase and to unleash core competency of dedicated expert teams in our company. We want to get rid of VBA code, ‘impossible to understand Excel formulae’ and manual input overlap/inconsistency. That’s why we replace our historically grown reporting and planning framework with modern smartPM.solutions. As early adopters we expect major benefits and strong competitive advantages for LIST GC as a result of our cooperation with smartPM.’
Arbi Araks
Arbi AraksHead of Controlling & Finance, LIST GC
“At Hillebrand we needed to adopt our Unit4 Prevero based CPM system quickly because we wanted to include in our reporting and forecasting system the COVID-19 impact estimates. That’s why we reached out to smartPM.solutions on Thursday. Their consultants started working on the requirements, and our system was up and running with the specified enhancements (we call it ‘COVID-19 impact overview’) in our productive environment next day afternoon. This is what I call agile and helpful.”
Anders Mortensen
Anders MortensenHillebrand Group AG, Group Finance Project Manager
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Learn more about how to properly deal with external crises (e.g. Covid-19 crisis, gas crisis, etc.) and the 7 steps for managing crises in planning in the Whitepaper.

Read "Controlling in crisis" Whitepaper >>

Learn everything about "Controlling in times of crisis" in this webinar.
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This is the time for acting, for captains who know how to deal with storms. In case your company manages to economically survive times like these, then it’s probably because of you. FP&A experts and their CPM systems make the difference in tough times – they prepare everything it needs to take the appropriate decisions.

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