The 'remote control' system developed by the
InterGest group for managing foreign subsidiaries provides an excellent
basis for planning, monitoring and control, especially for the
controller.
The starting point for setting up controlling is,
first of all, the data from the accounts department in conjunction with
the comparison of planned and actual costs and budget accounting.
The
classical accounting cost items, which the InterGest organisation
allocates by country and by applicable accounting periods, permit the
controller to record and allocate costs to the different profit centres
of his business according to the costs-by-cause principle.
This access possibility is independent of time differences and requires no third-party collaboration.
Some of our services in this field are:
availability of all relevant business management data for each export country for planning, monitoring and control
cross-national evaluations via a central database
converting individual national currencies into a single currency (for instance EURO or US Dollar)
planned-actual costs comparison according to company specific
chart of accounts and translating this into the native language of the
controller
The causal research and action planning undertaken by the controller
on the basis of this information supports the profit and management
control of the foreign company in an excellent way by allowing the
executive management to concentrate on tasks of coordination and
strategic decision-making.