Corporate Performance Management (CPM)


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Corporate Performance Management (CPM)

  1. 1. Business Advisory Corporate Performance Management (CPM). . . . . Audit Accounting Tax Consulting Corporate Finance .
  2. 2. Corporate Performance Management Are you convinced that your company is performing at its optimal level and will continue to do so? Your Challenge Today’s companies face a myriad of challenges: increasing global Our expertise will enable you to select the appropriate budgeting competition, customer and shareholder expectations. While new methodology. Furthermore, we can assist in implementing a tailor- compliance regulations have extended CEO’s and CFO responsi- made budgeting process and methodology in order to establish and bilities, their attention should become more focused on under- keep track of consistent, measurable and prioritised objectives. standing, monitoring and managing the company’s performance. In response to these challenges we offer you hands-on specialised As an essential financial driver, cash flow forecasting requires an services in profitability measurement, budgeting and forecasting accurate forecasting tool. Our professionals help you in determining optimisation, cost management and performance management. your specific requirements regarding an accurate and secured cash flow forecasting model and can assist in the implementation. Such model should enable management to optimize treasury and to Our response anticipate working capital variations. Profitability measurement Cost management Profitability issues often have a wide variety of root causes. Typically, Do you have a proper insight in your product or service costs? Are management’s initial response is focused on cost reductions. While you sure your company uses the correct cost accounting relevant, this is not enough. Profitability issues should be considered techniques? from different angles such as: • Market conditions and trends (growth/new products/substitute products/new technologies); Deloitte’s Corporate Performance Management Framework • Product/customer/market/channel segmentation; • Pricing policy; Organisation • Organisation and processes. Alignment and Accountability Reward Strategic Results Planning Planning Budgeting & We can help you to determine the underlying profitability-related Forecasting issues by analysing the following questions: Monitor Business Individual Planning • Who are our least and most profitable customers? Results • What are our least and most profitable products? • What are our least and most effective channels or markets? Shareholder • Is our company well positioned to address the customer’s value Value Analysis Budget- perception? ing • Is our company competitive in terms of products, pricing, services and supply chain performance? Performance After these questions have been answered, Deloitte can also assist Measurement Forecasting you in developing the proper responses. Reporting & Reporting Performance (Financial & Measurement Operational) Budgeting and forecasting Dimensions Budgeting and forecasting is the key link between corporate strategy and finance operations. It is the translation of corporate Process Information strategy into operational and financial objectives. It also serves as a People / Organization framework for performance measurement. Technology
  3. 3. Insight and control of costs have become more critical than ever in For more information taking proper management decisions. Our professionals will analyze existing cost accounting models, identify weaknesses and propose Deloitte Business Advisory solutions. Deloitte can also assist you in selecting, building and Berkenlaan 8b implementing alternative models such as (time-driven) Activity Based 1831 Diegem Costing. Tel. + 32 2 800 24 00 Fax + 32 2 800 24 01 Performance management Because anticipation and swift reaction have become essential in Guido Vandervorst today’s changing environment, you need to have the tools and Email: drivers to measure business performance and to coordinate and manage consistent decision taking. Harold Vanheel Email: Performance management can be limited to financial or operational performance indicators or can include all strategic indicators related Antony Depoorter to finance, customers, internal operations and innovation (balanced Email: scorecard). Geert Stienen We can help you to gain and refine visibility and control of your Email: objectives and operations by identifying the needs and expectations of the management and key stakeholders. Furthermore, Deloitte can assist you in implementing an adequate level of performance measurement. Deloitte in Belgium The leading audit and consulting practice in Belgium, Deloitte, offers value added financial, assurance and advisory, legal, tax and consulting services. In Belgium, Deloitte has more than 1,800 employees in over 16 offices across the country, serving national and international companies, from small and middle sized enterprises, to public and non-profit organisations. The turnover reached 315 million euro in the financial year 2003-2004. The Belgian practice is a part of the international firm Deloitte Touche Tohmatsu. For the fiscal year 2003-2004 Deloitte Touche Tohmatsu realised a turnover of 16.4 billion $ worldwide, with 115,000 members of staff in nearly 150 countries. Do you think there is still room for improvement?
  4. 4. Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of 115,000 people worldwide, Deloitte delivers services in four professional areas - audit, tax, consulting, and financial advisory services - and serves more than one-half of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names. Member of © Belgium, June 2005 Deloitte Touche Tohmatsu. All rights reserved. Deloitte Touche Tohmatsu