CONSULTING Facilitating Leaner Organizations ™. 360 FINANCE Facilitating Leaner Organizations ™ F&A MIS CFO ASSISTANCE CONSULTING.

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Presentation transcript:

CONSULTING Facilitating Leaner Organizations ™

360 FINANCE Facilitating Leaner Organizations ™ F&A MIS CFO ASSISTANCE CONSULTING

™ Established in 2010, Prequate is a Performance Enablement company started by 3 Chartered accountants, Pradyumna Nag, Rakesh Bordia and Rishabh Pahariya. The local knowledge of practises in small and medium businesses as well as the experience from the best consulting firms in the world enables Prequate to add value to businesses. This implies making execution plans more realistic, accurate and achievable considering business conditions. Setting up the design and operation of Operational and support processes of an organization to be more efficient and effective. Provide assistance on the process of M&A to safeguard the interests of the investors and investees with the valuation, due diligence and transfer of business assets. Develop and deploy process driven Finance and Compliance functions with MIS and integrated financial reporting to ensure knowledge, quality and report ability. Assistance in setting up a business in India and abroad. This includes the basic consulting in structure, where and what it entails and how to go about it. BUSINESS SETUP 360 FINANCE PROCESS TRANSACTION A MAVERICK SHIFT A shift occurs in Prequate’s approach to rework operations and finance from cost centres to possible Profit centres. OVERVIEW

F&A ™

™ Does your finance function proactively suggest operational improvements? Do you have a finance division in your office or an accounting department? How do they differ? Do you get real time information about operations from your finance department? WHAT THE MANAGEMENT NEEDS TO ASK Are you compliant with all laws applicable to you or only the ones you are aware of? Is your finance function built to handle growth without revenue leakages or profitability? How educated is your finance team about the latest changes in laws surrounding finance practice?

™ Deploy and manage finance departments of organizations with a mix of OnCloud and at location Do you have a finance division in your office or an accounting department? How do they differ? HOW WE ADDRESS THESE QUESTIONS Are you compliant with all laws applicable to you or only the ones you are aware of? ONCLOUD REVIEWS Perform reviews on technical matters and compliances to various laws Success snippets Detected and isolated instances of revenue leakages of ~4% in <40 days educational institutional

™ Do you have a finance division in your office or an accounting department? How do they differ? WHAT THE MANAGEMENT NEEDS TO ASK Are you compliant with all laws applicable to you or only the ones you are aware of? ONCLOUD Do you get real time information about operations from your finance department? How educated is your finance team about the latest changes in laws surrounding finance practice? REVIEWS

™ Do you have a finance division in your office or an accounting department? How do they differ? HOW WE ADDRESS THESE QUESTIONS Are you compliant with all laws applicable to you or only the ones you are aware of? ONCLOUD REVIEWS Do you get real time information about operations from your finance department? How educated is your finance team about the latest changes in laws surrounding finance practice? Facilitate technology adoption in finance departments MIS | ERP TECHNOLOGY TRAININGS Perform reviews on technical matters and compliances to various laws Success snippets Reduced speed of reporting to stakeholders from 60 days to ~7 days information technology

™ Do you have a finance division in your office or an accounting department? How do they differ? WHAT THE MANAGEMENT NEEDS TO ASK Are you compliant with all laws applicable to you or only the ones you are aware of? ONCLOUD REVIEWS Do you get real time information about operations from your finance department? How educated is your finance team about the latest changes in laws surrounding finance practice? TECHNOLOGY TRAININGS Does your finance function proactively suggest operational improvements? Is your finance function built to handle growth without revenue leakages or profitability?

™ Do you have a finance division in your office or an accounting department? How do they differ? HOW WE ADDRESS THESE QUESTIONS Are you compliant with all laws applicable to you or only the ones you are aware of? ONCLOUD REVIEWS Do you get real time information about operations from your finance department? How educated is your finance team about the latest changes in laws surrounding finance practice? TECHNOLOGY TRAININGS Does your finance function proactively suggest operational improvements? Is your finance function built to handle growth without revenue leakages or profitability? MIS REVIEWS Develop MIS reporting frameworks to assist management to get snap shot view of operations Perform reviews on technical matters and compliances to various laws Success snippets Identified fraud in cash handling ~20% of daily cash handled in <60 days restaurant chain

360 FINANCE+ ™

™ WIFFM? MIS is a reporting and management tool to address various questions asked by a CXO or Management. We develop/ customize and manage the MIS reporting process for businesses or projects. Good governance. ORGANIZATION BUSINESS UNIT PROJECT INVESTORS CXO PROJECT MANAGEMENT 1. What is the true/ real profitability of my investee? 2. Are costs being incurred in line with the growth path? 1. What is the BU’s profitability? 2. Are the milestones being met as laid out? 1. What is the my per unit profitability? 2. What is the status on all the running projects? 1. What is the true/ real profitability of my company? 2. Is there a sense of working towards our goals laid out? 1. Can my BUs be run more efficiently with better practices or intervention? 1. Are there any onerous contracts in my projects? 2. Is delivery happening? If not, what are the causes? 1. What is the contribution of my BU to the organization goals? 1. How can I work with my other BUs to improve current financial performance? 1. Are there any onerous contracts in my projects? 2. Is delivery happening? How can I report transparently?

™ WHERE IS MIS USED? INVESTEE MIS BRANCH MIS ORGANIZATION MIS PROJECT REPORTING

TEAM ™

FOUNDING TEAM ™ After working with KPMG, one among the largest 4 Assurance and Consulting firms in the world, he is now leveraging his experience and mentors to provide guidance to small and medium businesses to help them start-up, size up and scale up. His experience has taken him through a wide range of businesses – Software, Consulting, NGO, Microfinance advisory, Merger Accounting, ERP Implementation and Organisational growth and development. His strengths are mainly in the areas of Ideation and Organisational development and Strategy. He has worked with several entrepreneurs with their visions and how they are approaching their market. With his experience from one of Bangalore’s largest Assurance firms Singhvi, Dev & Unni, he brings into the plate hands on experience of what ails small and medium businesses. His strength is in the area of Costing, Financial analysis, Technical accounting and Taxation. He has worked extensively with companies in the manufacturing and construction fields. His gift is however, the ability to work effortlessly with numbers and give picture to numerical figures. He handles the Execution and Delivery division of Prequate. Apart from this, he is also a National Level rank holder in the CA Qualification examinations. He is also a Company Secretary by qualification. The ever optimist, Rishabh brings with him a solid foundation in Risk management and advisory from one of the industry leaders in the field, Ernst & Young, the largest 4 Assurance and Consulting firms in the world. A chartered accountant and a company secretary, he seamlessly merges the theoretical with the practical. His experience has taken him across the economy, from IT to Construction and from Publishing to Security solution providers. His strengths mainly lie in the areas of Financial Analysis, Business modelling and Strategy. Once he is able to look clearly at the objectives, he is hardwired to make it happen PRADYUMNA NAGRAKESH BORDIARISHABH PAHARIYA

CLIENTS ™

construction hospitality energy management game development cloud hospitality pharmaceutical SOME KEY ACCOUNTS restaurants ™ industrial automation renewable energy

CONNECT ™

™ Prequate works with organizations to help them understand their environment and do business in a leaner and smarter way. By helping businesses interpret their surroundings, Prequate helps amplify the impact of their strategies and executional strengths without worrying too much, or with a lot more clarity, as to how their environment may be respond. Getting connected is the first step to getting started. Prequate Consultants Private Limited 11/2, 3 Cross, Wilson Garden Bangalore – Need more clarity? CONNECT Rakesh Bordia Director Rishabh Jain Director Pradyumna Nag Director