BI ADVISORY-Financial Reporting Expertise
Empowering Your Financial Decisions
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Introduction to BI ADVISORY
BI ADVISORY is a Belgium-based business consulting company focused on finance and performance management solutions. They specialize in advising on financial reporting, legal and management consolidation, and providing tailored solutions and functional support for clients' processes. BI ADVISORY is distinguished for simplifying and enhancing clients' reporting and consolidation processes, aiming to deliver high-quality information efficiently to top management. The company's expertise is validated across various sectors, including banking and industry, showcasing their ability to meet specific sector needs. Powered by ChatGPT-4o。
Main Functions of BI ADVISORY
Reporting & Consolidation
ExampleSupporting clients during consolidation closings by handling intercompany reconciliations, receiving local packages, and posting central adjustments according to IFRS/IAS, US GAAP, etc., and assisting with monthly management reporting and annual reports.
ScenarioA multinational corporation needing to streamline its monthly financial closing process to improve efficiency and compliance with international accounting standards.
Implementation of Consolidation System
ExampleAdvising on the selection and implementation of consolidation systems that effectively support reporting and consolidation processes, bridging the gap between finance and IT departments.
ScenarioAn expanding enterprise seeking to upgrade its outdated consolidation software to a more robust system capable of handling increasing transaction volumes and complex reporting requirements.
Regulatory Reporting
ExampleAssisting clients with regulatory reporting requirements such as COREP, FINREP, and ASSET ENCUMBRANCE, and upgrading their systems to comply with the latest taxonomies.
ScenarioA financial institution required to adhere to new regulatory standards and seeking assistance to update its reporting processes and systems efficiently.
Project Management
ExampleApplying structured project management methodologies to provide visibility and confidence throughout the implementation of financial reporting and consolidation projects.
ScenarioA company undergoing a significant transformation in its financial processes needs expert guidance to manage the change smoothly and effectively.
Ideal Users of BI ADVISORY Services
Large and Medium-Sized Companies
These organizations often deal with complex financial reporting and consolidation processes that can benefit from BI ADVISORY's expertise in simplifying and improving these processes.
Financial Institutions
Given the strict regulatory environment and the need for efficient reporting, financial institutions can leverage BI ADVISORY's regulatory reporting and consolidation system implementation services.
How to Engage with BI ADVISORY
1
Visit www.biadvisory.be to explore our services.
2
Review our areas of expertise, including financial reporting and consolidation.
3
Contact us via email at info@biadvisory.be for consultancy.
4
Follow our LinkedIn for updates and professional insights.
5
Schedule a consultation to discuss your specific needs.
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BI ADVISORY Q&A
What services does BI ADVISORY offer?
We specialize in financial reporting, consolidation services, and project management in Belgium.
How can BI ADVISORY improve our financial reporting processes?
By advising on best practices, implementing tailored solutions, and supporting your financial reporting and consolidation activities.
What makes BI ADVISORY unique?
Our ability to cater to sector-specific requirements, proven by our history with clients in the banking and industrial sectors.
Can BI ADVISORY assist with regulatory reporting?
Yes, we support regulatory reporting upgrades and compliance, including COREP, FINREP, and asset encumbrance.
How does BI ADVISORY handle project management?
We apply a structured methodology drawn from extensive experience, ensuring visibility and confidence throughout your project.