Services
Controlling
With over 20 years of experience as controller in multinational environment, we work to ensure that your business gets the best possible results from your revenues.
We provide decision support for responsible business leaders who want to ensure that their business plans are implemented in the most effective way. Our IT and financial management support as external controllers are backed by equally professional expertise: we don’t just put graphs and machine-generated reports on your desk, but also offer development, professional advice, training and even administrative support. We are a “one stop shop” for your company, built on decades of experience.
What steps do we take to ensure the successful implementation of your well-developed business plan?
Detailed financial analysis
Accurately determining the current situation of the company.
Regular monitoring of the company’s processes
Comprehensive analysis of each department and its interrelationships and the results of this analysis to produce a strategic plan for each department.
Scheduled reporting to management
Regular corporate-style, results-oriented professional consultation.
Cost accounting
Our team of experts is well-versed in cost calculation methodologies, ensuring that your business can accurately assess and manage all facets of production costs. Whether it’s direct material costs, direct labor expenses, or overheads, we guide you through the intricacies of cost accounting to enhance transparency and control over your financial operations.
Discover how Control1 can empower your international business by optimizing cost accounting processes. Trust us to provide insights, strategies, and support that enable you to make informed decisions, enhance cost-efficiency, and achieve sustainable success in the global market.
Business analysis
An objective, up-to-date overview of the current state of the company.
In order to get a true picture of the current state of your business as a company director, it is recommended to harness the help of an external expert who can prepare an objective business analysis based on the figures and data collected from each area of the company.
The statement will inform you about:
The current situation of the company
Where the business is currently compared to its previous plans and where it is going using existing systems.
The added value
How much added value there is in what the company does every day.
The current forms of funding
How are investments currently financed, and are there any opportunities that would help move things forward?
What are the benefits?
- For a well-managed company, this can be a positive confirmation from an external expert, as it is reassuring as a manager to know that your business is heading in the right direction.
- If you’re simply lacking the bandwidth to prepare, or get a reliable, ongoing feedback on your operations
- It is also a way of monitoring accounting performance, where you can have a second opinion on how accounting actually works
P&L and Cash-Flow
We excel in deciphering the intricacies of P&L and Cash Flow reporting. We are dedicated to helping your business gain clarity on its financial performance, navigate challenges, and optimize profitability. Whether you seek assistance in developing robust P&L statements or ensuring a robust cash flow management strategy, our locally-rooted insights ensure a nuanced understanding of both global and local financial dynamics.
Discover how Control1 can be your steadfast ally in achieving financial transparency, efficiency, and success on the global stage. Trust us to provide comprehensive support in P&L and Cash Flow reporting, empowering your business to make informed decisions and thrive in the international market.
Management consultancy
Our management consultancy service was born out of the current market situation, where we also share 25 years of experience with our clients. In the course of our work, we have often found that managers who come to us are not only challenged by interpreting the company’s figures and/or the lack of expected profit, but also often need “out of the box” advice.
Leadership problems you may have already encountered:
Lack of time
Every day is a firefighting day and you feel like you’re barely getting on with the really important stuff.
Prioritisation problems
There are so many urgent tasks that there is often not enough time for the important ones, and it is difficult to prioritise the numerous tasks.
Delegation difficulties
You feel that tasks are only done well if you play an active part in their execution.
Staff problems
There are not enough properly trained professionals to perform each task, so a lack of expertise generates losses.
Lack of a clear strategy
Day-to-day decisions are made without a concrete business plan, so it is not clear in what direction the company is actually heading.
Bad habits
The “business as usual” syndrome – you don’t change the existing system even though you know deep down that the current processes are outdated.
These are all, without exception, financially loss-making phenomena that plague the daily lives of many business leaders and that we encounter every day in our work.
Running a dynamic and growing business efficiently is not instinctive! But there is a solution, there are best practices that can be learned and implemented in the day-to-day running of your business!
Our management consultancy service has been created with decades of experience in a corporate environment for business leaders who:
- Want to see which areas of the business need changing to maximise profit.
- Want to set realistic goals and achieve them through concrete planning.
- Want to spend most of their time on high value-added activities (e.g. sales, building business relationships, product development) rather than zero or low value-added tasks (e.g. data entry, email management, procurement)
- Want to make confident decisions based on real data.
- Want to learn about the strengths of their colleagues and use them in a way that allows them to do what is most useful for the company.
- Would like to be at the head of a large company one day, or even to retire and enjoy the fruits of their previous efforts.
If you feel we can help you, ask us for a 30-minute personal online consultation!
What happens during the consultation?
We will map your business in a guided discussion.
We will identify areas for improvement.
We will develop a preliminary strategy that you can follow to make your business more transparent, profitable and efficient, while developing your personal leadership qualities.
The consultation fee, including the written analysis and strategic plan, is 35,000 HUF, which is automatically credited from the hourly rates when using our management consultancy service.
Our management consultancy, charged on an hourly basis, will provide you with all the practical support you need to implement your strategic steps. We will provide you with suggestions that work well in a large corporate environment, but are tailored to your company, so that you can transform yourself from an entrepreneur experiencing day-to-day difficulties into a successful CEO.
Take advantage of our management consultancy services that:
- You can carry out real executive duties.
- Your daily tasks will consist of activities that create real value for the company.
- You will learn what it’s like to make decisions with the support of a professional with over 20 years of experience as a controller at multinational companies.
As we well know: no matter where a problem starts, in the end it all comes down to money!
Leave it to us, we can do it!
Support of ERP implementation
Control1 is your dedicated partner in optimizing business operations through seamless ERP implementations. As a leading local firm, we specialize in providing tailored support to international businesses venturing into the realm of Enterprise Resource Planning (ERP). At Control1, we understand the unique challenges faced by foreign enterprises, and we are committed to offering specialized expertise in ensuring the success of ERP implementations.
We are here to support guiding your business through the complexities of ERP integration. From support of selecting the right ERP system to customizing it for your specific needs, we provide comprehensive support at every stage of the implementation process. Whether it’s streamlining processes, enhancing data accuracy, or fostering a culture of effective resource management, our locally-rooted insights ensure a nuanced understanding of both global and local business dynamics.
Interim management
Welcome to Control1, where financial expertise meets global business needs. As a prominent local firm, we specialize in providing tailored support to international businesses seeking interim finance management solutions. At Control1, we recognize the unique challenges faced by foreign enterprises, and we are committed to offering specialized expertise in the realm of interim finance management.
Our seasoned team of financial experts excels in providing interim finance management support to bridge gaps, address challenges, and ensure financial stability during transitional periods. Whether you are facing leadership changes, expansion, or restructuring, we offer hands-on guidance to maintain financial continuity and strategic direction. Our locally-rooted insights ensure a nuanced understanding of both global and local financial dynamics.
Discover how Control1 can be your reliable partner in navigating interim finance management challenges. Trust us to provide insights, strategies, and practical support that empower your business to maintain financial stability and thrive in the international market.