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Financial Management System Improvements and Modeling

To reach their potential, our Clients continuously improve their performance – and sustain that improvement. We have professionals highly competent in financial consulting services in Armenia who can help our Clients meet these challenges. Our Consultants can deliver measurable and sustainable improvement in the performance of Client’s business by focusing on the areas of Finance management and modeling.

Drawing on our experience and a multidisciplinary approach, we can help with:

– Transforming the Client’s finance operating model
– Designing and managing outsourcing and shared service center arrangements
– Sharpening the Client’s financial performance management framework
– Designing and implementing financial systems
– Conceiving and implementing enterprise cost management systems
– Modeling the Client’s Business planning and strategic development projects

Offering our consulting services of Improvement of Financial Management System, we intensively use value-based management approach, which allows providing decision makers at all levels with the right information and incentives to make value-creating decisions.This way, Avenue Consulting Group maintains its unique place among financial consulting companies in Armenia.

Services related to the design and improvement of the financial management system and modeling include:

– designing the model of company performance (financial management control system),
– determining transparent responsibility for operational performance, costs and results in the whole organization,
– designing the process of setting and cascading objectives and tasks in the organization designing processes, methodologies and tools for operational and financial planning (including Performance Based Budgeting),
– designing and implementing changes to cost accounting systems supporting the performance management and budgeting process,
– designing and implementing systems of management reporting and management information,
– designing and implementing systems of measuring and evaluating operational performance linked with the system of employees’ assessment and motivation.

To reach their potential, our Clients continuously improve their performance – and sustain that improvement. We have professionals highly competent in financial consulting services in Armenia who can help our Clients meet these challenges. Our Consultants can deliver measurable and sustainable improvement in the performance of Client’s business by focusing on the areas of Finance management and modeling.

Drawing on our experience and a multidisciplinary approach, we can help with:

– Transforming the Client’s finance operating model
– Designing and managing outsourcing and shared service center arrangements
– Sharpening the Client’s financial performance management framework
– Designing and implementing financial systems
– Conceiving and implementing enterprise cost management systems
– Modeling the Client’s Business planning and strategic development projects

Offering our consulting services of Improvement of Financial Management System, we intensively use value-based management approach, which allows providing decision makers at all levels with the right information and incentives to make value-creating decisions.This way, Avenue Consulting Group maintains its unique place among financial consulting companies in Armenia.

Services related to the design and improvement of the financial management system and modeling include:

– designing the model of company performance (financial management control system),
– determining transparent responsibility for operational performance, costs and results in the whole organization,
– designing the process of setting and cascading objectives and tasks in the organization designing processes, methodologies and tools for operational and financial planning (including Performance Based Budgeting),
– designing and implementing changes to cost accounting systems supporting the performance management and budgeting process,
– designing and implementing systems of management reporting and management information,
– designing and implementing systems of measuring and evaluating operational performance linked with the system of employees’ assessment and motivation.

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Contact Us

    Address:
    18 Proshyan Str.,
    0019, Yerevan,
    Armenia
    Phone: 
    +374 60 48 83 80
    Working hours:
    Monday-Friday: 9:00 – 18:00
    Saturday: Closed
    Sunday: Closed