Digitalization of financial accounting

Financial accounting 4.0

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The challenge: systems that are fit for the future

In many companies, internal accounting is still analog, but even business processes are often adapted to suit the technology rather than the workflows within the company. There is often a lack of procedural documentation that conforms with Germany’s Generally Accepted Accounting Principles.

In growth-oriented companies and start-ups, the demands on accounting and controlling increase, so that internal structures quickly reach their limits. This is because these companies are faced with more and more manual work, which drives up costs and ties up resources that are needed elsewhere.

Our solution: customized, comprehensive system consulting and implementation

Whether merchandise management, invoice verification and approval, payment service providers or your online store – our digitalization specialists will support you every step of the way in the digitization and automation of your internal accounting system as well as in the creation of the procedural documentation based upon this and required by law.

For example, our experienced team will be happy to help you find, implement and integrate feeder systems that fulfil all legal requirements while meeting your requirement profile. We will also work with you on changing over your internal accounting system to a digital record-keeping system, electronically integrating banks and payment service providers, and implementing automated posting in accounting.

And, of course, in keeping with our interdisciplinary, comprehensive approach to consulting, we will be available to answer any questions you might have, even after the go-live.

Our trump card: certified IT sourcing

To ensure you have even more time to focus upon your key business, you can also outsource the IT of your internal accounting system and the implemented feeder systems to us. Thus, you can concentrate upon using them in day-to-day business, while we keep an eye on all of the technical and legal requirements for you. An excellent service – proven by the fact that the quality of our IT sourcing is annually certified in accordance with IDW PS 951 Type 2 and ISAE 3402 Type 2.

What we can do for you:

  • IT system inventory and consulting
  • Implementation and integration of feeder systems
  • Changeover to digital and automated record-keeping
  • Integration of banks and payment services
  • Preparation of procedural documentation that conforms with Germany’s Generally Accepted Accounting Principles
  • IT sourcing

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