|
|
| CFO Services & Performance Management |
| Models for risk control and integrated risk management |
| Traditional risk control models are not always effective in managing soaring business complexity and forecast variability brought about by "events/risks" that may significantly impact performance, as recent changes in world economic context show. CFOs are then called to rethink control mechanisms in order to design innovative tools to manage risks in a proactive fashion, integrated with other company processes. |
| Bip. Solutions |
Bip. offers innovative planning and control models which integrate structured risk management principles and that, with respect to traditional models, are characterised by:
- Availability of an updated map of risk profile
- Ability to correlate risks' impacts with the expected economic performance
- The option to give an integrated and comprehensive view of risks, economic, financial and operating data
|
|
|
|
|
|
|
| Impacts of unbundling on managing and control models/processes |
| European Community directives concerning unbundling in electricity and gas industries, together with national bylaws that acknowledge them, are modifying competitive context in which companies operate. CFOs of companies working in the various value chain activities (either regulated or not) must give a proper response to new needs concerning key success factors' monitoring (e.g. customer segment profitability, tariff components' monitoring, etc.). Such complexity is further increased by the need of arranging separate annual balances on accounting systems, as per bylaw 11/07. |
| Bip. Solutions |
Based on its in-depth electricity and gas industry knowledge and on its extensive expertise in European and National unbundling rules, Bip. offers a review of business control models which takes into account sector's key factors, new critical success factors and new external information needs.
|
|
|
|
|
|
|
| Fast-reporting in global and complex environments |
| Concentration and globalization dynamics, currently under way in some industries (in particular Energy, Banking, Telco&Media) make of corporate reporting a critical issue, due to prescriptive requirements and diversified management criteria. It is of utmost importance to combine HQ (to acquire data about local activities as quickly as possible) and operating companies' (accounting principles and processes, control models, evaluation criteria, information systems) information needs. |
| Bip. Solutions |
Bip. has developed a methodology and a reporting platform focusing on:
- a swift answer to corporate reporting needs, allowing HQ to gain a central perspective, independent of accounting principles, currency and evaluation criteria of local businesses
- assess impacts of the new corporate control model before actually implementing the chosen solution
|
|
|
|
|
|
|
|
|
|
|
 |
| CFO Services & Performance Management |
| Comment to: Models for risk control and integrated risk management |
 |
| No comment available... |
|
|
| Comment to: Impacts of unbundling on managing and control models/processes |
|
| No comment available... |
|
|
| Comment to: Fast-reporting in global and complex environments |
|
| No comment available... |
|
|
|
|