Summary

Webmaster 7 April 2015 Non classé

DELIQUENT MANAGEMENT : DETECT AND PROTECT

Nowaday, most company seek new sources of profit. In light of the challenges presented by a sluggish economy and low tolerance for risk.

The Francfort Consulting Group support your organisation to built a vertically integrated structure, controlling all the elements of the collection cycle, we have the specialised strategies, technology and skillset embedded to optimise performance and protect your organisation for delinquant customers, by transforming big data into big insight when approving credit lines with more accurately predict delinquent account.

ObjectivesBenefits
  • Effective collection strategy
  • Effiency collection policies, and making the recorvery in cash
  • Identification of delinquent customer
  • Etablish a delinquent card
  • Etablish and Interpret the reason for delinquency

  • Improve cash flow
  • Constant and consistent collection activities
  • Frenquency of a delinquency report
  • Determine creditworthiness, and predictive data sources
  • Adjust client credit line without changing you level of risk

For further details regarding The Francfort Consulting Group Delinquent Management features please contact us. We would be happy to advise you in a personal meeting.

Summary

Webmaster 2 April 2015 Non classé

RISK MONITORING : EMBEDDED CONTROL TO PREVENT AND ADJUST

The Francfort Consulting Group risk monitoring will support your company to establish a risk culture that should result in better cost management from planning through construction and better allocation of ressources that align teams with cost-oriented performance goals.

With our team, we bring to you the understanding of the potential upside and downside of all factors which can effect your organisation. Finally, The Francfort Consulting Group implemented and embedded control to prevent and adjust the risk.

ObjectivesBenefits
  • Develop a rigourous decision-making and planning process
  • Provides your company with the flexiblility to respond to unexpected risk
  • Contributes to more efficiency, and prioritisation
  • Ensures that monitoring risk are performing adequately
  • Achieve better framework

  • Enables better business resiliencee and compliance management
  • Protect and enhances value and company image
  • Reduces volatility in the non essential areas of the business
  • Develop and support people and organisation knowlege base to manage contingency.
  • Systematically track the indentifiy risk .

For further details regarding The Francfort Consulting Group RISK MONITORING features please contact us. We would be happy to advise you in a personal meeting.

Summary

Webmaster 2 April 2015 Non classé

RISK TRANSFERING : EMBEDDED CONTROL TO PREVENT AND ADJUST

How well your organisation trasnfer its risk is a good predictor of the competitiveness and long term sucess of your business.

Based on our experience, The Francfort Consulting Group designed for you quantitative measure of the total direct and indirect expenditures dedicated to transfert risk confronting your organisation in pursuits of its business objectives.

ObjectivesBenefits
  • Develop a cost effective risk transfer
  • Regular, ongoing updates of risk transfer profile
  • Allocates risk equitably
  • Determine adequacy of risk transfer requirement
  • Achieve tailored ART (Alternative Risk Transfer).

  • Predict futur loss performance
  • Monitor regular update of risk profile
  • Direct guidance on how to target transferable risk
  • Creates profit opportunities
  • Keep your competiveness in the market place

For further details regarding The Francfort Consulting Group RISK TRANSFERING features please contact us. We would be happy to advise you in a personal meeting.

Summary

Webmaster 2 April 2015 Non classé

RISK MITIGATION : THE PATH TO GREATER EFFICIENCY

Following The Francfort Consulting Group mitigation approach , we involve a powerful and flexible methodology combining with business capabilities to develop internal expertise and process to perform your organisation effectively.

The Francfort Consulting Group mitigation seeks to reduce the probability and consequences of a risk event to an acceptable threshold. It accomplishes this via many different means that are specific to your company and the risk. Mitigation steps, although costly and time consuming, may still be preferable to going forward with the unmitigated risk.

ObjectivesBenefits
  • Risk-Sensitive capture
  • Mitigation base on internal and external data
  • Comprehensive coverage with respect to risk related workflows
  • Develop clearly targeted risk mitigation
  • Achieve and maintain a reduced cost of risk

  • Risk validation for completeness and correctness
  • Fully configurable data entry
  • Evaluate and assess all risks of loss
  • Develop and implement operating procedure of risk mitigation
  • Develop a strategy that closely relates and matches with your company’s profile.

For further details regarding The Francfort Consulting Group RISK MITIGATION features please contact us. We would be happy to advise you in a personal meeting.

Summary

Webmaster 2 April 2015 Non classé

AVOIDING RISK : TRACKING AND REACTING ACCORDINGLY

The Francfort Consulting Group risk avoidance strategy is designed and builted to deflet risk in order to minimize the costly and disruptive consequences of damanaging exposure that place your organisation in an adverse outcomes.

The Francfort Consulting Group setting up an organization-wide
risk framework does not mean all responsibility for risk is transferred to the risk management function. Rather, integrating the risk function has benefits of improving risk management performance for the rest of the business. “Risk management can be a value-add to the organization in a risk conscience and a risk culture.

ObjectivesBenefits
  • Continous and iterative assessment of risks
  • Develop, ressource and implement risk avoidance strategy
  • Cleary define a set of evaluation
  • Event investigation, root cause analysis and follow up
  • Establih thresholds and criteria for actively avoidance

  • A close partnership with user and stakeholder
  • Pro active, structured and holistic risk avoidance strategy
  • Effectiveness of risk avoidance, lower probabilities of events
  • Minimize adverse effect of risk, Protect valuable assets and intangible ressources
  • operational units, accounting department and IT.

For further details regarding The Francfort Consulting Group RISK AVOIDANCE features please contact us. We would be happy to advise you in a personal meeting.

About us

Webmaster 1 April 2015 Non classé

ABOUT The Francfort Consulting Group

We are a global consulting company work with companies and governments to achieve high performance by combining integrated risk management capabilities and deep knolwlegde of industrie to create and increase economic returns and stakeholder confidence.

Our key differentiators in the marketplace include:

  • An Integrated approach with the employees of your business : People are crucial
  • A positive approach via CIP philosophy (Continuous or Cindynic Improvement process)
  • Sustainable on-site implementation : Less paper, more action.
  • Hands-on, down-to-earth consultants : We work with the people and don’t walk over them
  • Clearly defined prospects: Our results are financially measurable
  • We talk your language! Not consulting slang. We are practical consultants
  • Risk free consulting model : A Performance-related contracts :
  • Obligation free first meeting at no costs
  • Cost free pre-analysis/ Quick-Check (2-3 days)
  • Fixed cost detailed analysis (1-3 weeks)
  • Execution stage – success-related fees ( 6-9 months)

We service all areas including production, sales, administration and finance.

The Francfort Consulting Group Approach captures both the financial aspects and the non- financial aspects along with the global impact, reflecting the increasing complexity and correlation of the globalization.

During our projects we make a point of the fact that the implementation includes your employees and is done with them. Only by cooperation we can achieve sustainable change. We start where it is important: People are crucial; a lasting change 
of behaviour is the base.

Why choose The Francfort Consulting Group as your Strategy Consulting Partner ?                          

You design the future of your business : We make it possible !

We have a wealth of knowledge in many industries and service sectors and support you as an external partner with our many experienced staff. Together we will reach your formulated goals whilst our performance-related fees ensure success with only residual risk.

Whilst there are a large number of purely academically driven consultation firms we not only have the required knowledge but also the hands on experience that separates us from the competition. We will be there to assist in person and gain the necessary information to move your business in the right direction towards reducing risk. All these aspects of our consulting firm verify we are the right partner for you.

We increase productivity !

The tasks vary, but most of our clients want to be more efficient, more successful and increase their profits with less risk- all to stay competitive and increase productivity. This means in the short term we must identify and eliminate risk that prevent success.

In the long term it is important to implement and improve processes that prevent debilitating risk from arising at all. Each area of a business has an influence on risk and it is important to examine the key performance indicators that have an influence on the profit.

Our holistic analysis with our risk mapping of your business will help us gain the required knowledge to determine the processes that need to be implemented in order to achieve your goals. For many, other consulting firms this would be the end of their provided service whilst we ensure these processes are correctly implemented and work effectively toward your objectives.

We optimise resources, reduce risk and idle times !

We work to reduce risk which removes any aspects that constrain your business’ productivity. During an initial meeting we will introduce ourselves and define the schedule for our project. 
In the analysis stage we will determine the current status, pin point weaknesses and seek out potential areas of improvement

Based upon these results we will develop a catalogue of measures and plan the organisational and chronological implementation of all strategies. The implementation of these new processes, systems or adaptations of behaviour, takes not just time, but volition and understanding of all people involved.

We develop controlling rules and key performance indicators with all employees involved as part of a continuous improvement process (CIP). The rules and indicators support acceptance of the strategies and a structured problem-solving approach – plus, they ensure that they will successfully carry forward into your company’s future.

We guarantee upfront clearly defined risk reduction !

When you work with us you will have a target in sight. Together we will work to achieve this goal and our fees are performance based, because we know that we understand our trade.

We guarantee a return on investment ratio after the execution stage of minimum 3:1. That means that you will generate triple the return compared to what you paid us (e.g. cost reduction or turn-over increase) within one year.

These success-related fees of the execution stage motivate us and ensure that we achieve the expected results. On the other hand it is security for you, as you will not pay more for the consulting services than your company will achieve in additional efficiency (return).

We consult renowned medium to large enterprises ; Gorvernment and we are specialized in the following areas:

  • Automotive
  • Agriculture
  • Commodities
  • Construction & infrastructure
  • Energy & Environment
  • Financial institutions
  • Health Care
  • Insurance
  • Media & Entertaiment
  • Public sector
  • Retail trade
  • Telecomunication

We service all areas including production, sales, administration and finance.

Summary

Webmaster 31 March 2015 Non classé

To improve cash collection and reduce the risk of bad debt, you need to resolve billing disputes, man- age overdue receivables, and prioritize collec- tions efforts. The  Francfort Consulting Group can help you manage collections and dispute-resolution activities more effectively and proactively. Faster, more effective processing boosts success rates, lowers risk, and improves cash collection.  Based on the payment behavior The  Francfort Consulting Group calculates an individual credit index for each customer as well as a corresponding credit limit.

With The  Francfort Consulting Group you can thus implement a standardised cash collection policy even beyond national boundaries – while still allowing for country-specific requirements. In addition, cash collection processes can be controlled automatically , e.g. via online interfaces to Euler Hermes, Coface or Atradius.

The  Francfort Consulting Group provides all relevant information on each customer at a glance: credit rating, limit exhaustion, outstanding pay- ments, amounts overdue, payment experience etc. If a customer‘s credit rating changes or he suddenly alters his paying habits, you will receive this information immedia- tely in form of a to-do list. The  Francfort Consulting Group features comprehensive reporting functionalities, e.g. portfolio reports for management use, functional re- ports, standard reports and individual reports.

ObjectivesSolutionResults
  • Standardize processes for resolving customer disputes about invoice
  • Increase the productivity of collections agents
  • Communicate effectively with customers and collaborate efficiently across departments
  • Reduce bad-debt write-offs and days sales outstanding

  • Enabling proactive collections and dispute management
  • Rapid deployment to get you on the fast track to more efficient financial management
  • Information Management: integration of internal and external data (particularly in an international environment)
  • Adaptable scorecard module enables the user to use different scorecards (e.g. according to business areas or national affiliates)
  • Flexible workflow module implements customer-specific workflows for a further automation of processes

  • Speed collections and dispute resolution with advanced workflows
  • Reduce collection costs and bad-debt write-offs through automated collections processes
  • Decisioning: decisions matching the strategy
  • Enable collections and dispute specialists to collaborate quickly and effectively on past-due accounts
  • Improve collection strategies and eliminate the source of disputes with analytics

For further details regarding CASH MANAGEMENT features please contact us. We would be happy to advise you in a personal meeting.

Summary

Webmaster 31 March 2015 Non classé

Today, Managing operationnal risk is no longer an afterthought for organizations. Instead, it must be at the fore- front for achieving organizational goals. Organizations need the proper resources, pro- cesses, and technology to monitor and manage operational risk. They must also minimize the duration and impact of any events that do occur.

Driven by the need for greater predictability, greater efficiency, and reduced effort, organizations require integrated solutions and a unified, comprehensive approach to managing operational risk and compliance. Manual, ad hoc, or individualized responses are no longer adequate. Information and responses cannot be dated or reactive, but must be relevant and timely.

With The Francfort Consulting Group you can thus implement a standardised cash collection policy even beyond national boundaries – while still allowing for country-specific requirements. In addition, The Francfort Consulting Group enable to reduce the cost and effort of managing operationnal risk while protecting revenue streams and optimizing financial performance. The Francfort Consulting Group leveraging best practices and providing a scalable enterprise platform. This enables proactive prevention of risk events and compliance violations, allowing organizations to embed programs into strategy and planning.

ObjectivesSolutionResults
  • Effective reporting on policies and controls
  • Reduce risk and compliance violations, and minimize the impact of risk events on business performance
  • Better protection of value, optimizing performance
  • Reduction in fraud, waste and Abuse
  • Reduce costs and improve the productivity of compliance, risk, and audit programs to deliver faster time to value and higher ROI

  • Solution embedding existing process
  • Building proative transperancy
  • Balancing risk with opportunity using Cindinic holistic solution
  • Flexible workflow who increase accuracy and predicability
  • Tracking of incident details related to people, assets, and the environment

  • Simplicity : Simplicity of operationnal risk management process
  • Proactive : Proactive identification of risks
  • Visibility : Improved visibility to risks that matter most to the organization
  • Cost-efficient : Improved control mix that addresses key business risks while driving process efficiencies
  • Consistent : Better aligned risk coverage, including the identification of stronger, more pervasive controls

For further details regarding OPERATIONAL MANAGEMENT features please contact us. We would be happy to advise you in a personal meeting.

Summary

Webmaster 31 March 2015 Non classé

The Francfort Consulting Group helps you make credit decisions, per- form collections individually tailored to your customers, and monitor internal and external collection activities. As part of the consume- to-cash process for high-volume business, Francfort Consulting Group offers best- of-breed functions along the entire value chain – from online rating and charging to convergent billing and invoicing. You can thus effectively decrease loss of receivables and days of sales outstanding (DSO), thereby reducing credit costs. With The Francfort Consulting Group you can efficiently manage your credit management processes across the entire organisation – even in subsidiaries and national affiliates beyond national boundaries, either internationally standardised or by taking specific national characteristics into account. To this end, The Francfort Consulting Group has numerous features particularly supporting international application, such as provision for different currencies, adherence to international compliance rules, adaptation of the processes to country-specific requirements, etc.

ObjectivesSolutionResults
  • Deliver a reliable, comprehensive credit score of customers
  • Automate routine collection tasks
  • Impose stricter terms and conditions 
on customers with low credit scores
  • Analyze the collection process to identify 
the most effective approach to receiving payment
  • Reduced risk by considering the complete credit and collection history of customers

  • Credit scoring and segmentation to assess the credit risk of customers
  • Integrated analytics to run reports on collection strategies and analyze write-offs and payment agreements Benefits
  • Improved customer retention by extending services to customers appropriate to their credit risk assessment
  • Decreased costs by automating routine tasks in the credit and collection processes
  • Calculation of an individual credit index and a corresponding credit limit for each customer

  • Reduced risk by considering the complete credit and collection history of customers
  • Improved customer retention by extending services to customers appropriate to their credit risk assessment
  • Decreased costs by automating routine tasks in the credit and collection processes
  • Reduce your credit costs (by decreasing bad debts, DSO, etc.)
  • Optimise your credit management processes (e.g. through automation)

For further details regarding CREDIT MANAGEMENT features please contact us. We would be happy to advise you in a personal meeting.