Financial Management

The ability to demonstrate a transparent, uniform, understandable and plausible financial management system is set to be of key importance in the future in terms of ratings and discussions with banks. To this end, the ability to demonstrate a standardized profit and loss account and/or balance sheet is just as important as demonstrating a transparent liquidity and cash-flow plan. This is because the company's activities will tally correctly with the account balance, that is, it will be reflected in the development of the company's liquidity, for example. The planning premises of all relevant business areas are networked. Profitability and liquidity considerations make up just two of a large number of process performance measures that need to be taken into account as part of an informative financial management system.

Using the tools developed by MIK, individual financial management systems can be developed quickly and be integrated into a company’s processes. Choosing one of MIK's standard solutions means having a ready-made performance measurement system that just needs adjusting to take account of the company’s own specific requirements and circumstances. The system’s architecture that forms the foundation of the system has been designed to allow companies to react quickly to changes at an organisational or process level.

”The demands being placed on corporate financial reporting systems are increasing rapidly. But thanks to MIK-OLAP, we are always a step ahead of the game. Product cycles are becoming shorter and new technologies are making traditional production methods obsolete. We were quick to recognize the need for an effective planning and a comprehensive reporting system that would allow us to react more quickly to changes,” explains Wolfgang Nitsche from SCHOTT.

Please contact us to discuss your individual requirements. We would also be delighted to arrange for you to speak with some of our other customers.


Our references

• Debrunner Koenig Management AG, St. Gallen CH
• Compass Group AG, Kloten CH
• EKS, Schaffhausen CH
• HELIOS Kliniken GmbH, Fulda (D)
• Hipp Werk Georg Hipp GmbH & Co. KG, Pfaffenhofen (D)
• HOMAG Maschinenbau AG, Schopfloch (D)
• Mahle Motorkomponenten Schweiz AG, Grenchen CH
• Melitta Beratungs- und Verwaltungs GmbH & Co. KG, Minden (D)
• Mobimo Verwaltungs AG, Küsnacht (CH) 
• Peter Kölln KGaA - Köllnflockenwerke, Elmshorn (D)
• Schwan-STABILO Schwanhäußer GmbH & Co., Heroldsberg (D)
• Vogel Business Media GmbH + Co. KG., Würzburg (D)