Advantages of external Controlling
Cost efficiency
One of the biggest advantages of external controlling is its cost efficiency. Setting up an internal controlling department can be expensive, as qualified controllers generally demand high salaries. In addition, there are costs for social benefits, training and the necessary software solutions. With external controlling, these ongoing fixed costs are eliminated, as services can be purchased as required. This is particularly advantageous for small companies that cannot afford a permanent controlling position. In addition, external controlling can be flexibly adapted to the scope of tasks – only what is actually needed is paid for.
Time saving
For entrepreneurs and managers, the core business usually takes up a large part of their time. Controlling can be an additional burden, especially if the necessary expertise is lacking. Outsourcing these tasks relieves the burden on company management, as the external controlling team takes over the monitoring and analysis of key financial and operational figures. This leaves you more time for strategic decisions and day-to-day business without having to worry about detailed financial analyses.
Access to specialist knowledge and expertise
We bring extensive specialist knowledge and experience in analyzing and interpreting company key figures. Small companies often do not have this expertise in-house, so external controllers can provide valuable support. They usually have a broad knowledge of different industries, markets and business models, which enables them to provide well-founded analyses and suggestions for optimization. This expertise also allows you to benefit from best practices from other industries.
Flexibility and scalability
Accounting requirements can vary greatly depending on the size of the company and business development. We offer the advantage of flexibility here. Whether it’s monthly bookkeeping, payroll or specific tasks, we can tailor your services to suit your specific needs. As your company grows, accounting can be scaled without having to adjust internal structures or hire additional employees.
Adaptability
Another important advantage of external controlling is its high level of flexibility. Depending on the needs and size of the company, the services can be individually adapted. A small business may not need comprehensive controlling reports every month, but only at certain times, such as financial statements, financing or major investment decisions. If necessary, we can be called in at short notice and adapt the scope and intensity of our services to your requirements. This means that controlling can be used “on demand”, which offers enormous flexibility.
Objective and independent view
We bring valuable independence to company analysis. We are not part of the operational business and can therefore offer an unbiased and objective perspective on the financial situation. This external perspective is particularly helpful in identifying weaknesses or inefficient processes that may be overlooked from an internal perspective. Our objective view can also help you make well-founded and rational decisions when making strategic decisions, free from internal biases.
Faster and more accurate data analysis
We use modern software solutions and tools to efficiently process and analyze financial data. We have proven processes that enable us to capture data quickly and accurately and create meaningful reports. For small businesses that do not have such specialized software solutions or the necessary resources, this is a huge advantage. Professional analyzes and reports, delivered in a short time, give you important insights into the financial and operational performance of your company and help you manage it.
Early detection of risks
We can identify potential risks at an early stage through regular analyzes of the financial situation and key operating figures. These include liquidity bottlenecks, weaknesses in the cost structure or inefficient business processes. This risk mitigation is crucial for small businesses, which often have fewer financial buffers than larger companies. By identifying the need for action at an early stage, you can take targeted measures to prevent negative developments and ensure company stability.
Controlling of your corporate development
Controlling provides valuable information for strategic planning and corporate development. We help you look at financial data in a broader context and provide recommendations for future business decisions. This includes support with budgeting, liquidity planning and the development of investment and expansion strategies. Through well-founded analyzes and forecasts, we can help your company achieve long-term sustainable growth.