Basico Effektiv Finansiel Styring For Autoforhandlere

Effective financial management for car dealers

For car dealers, there are several factors that make budgeting and financial forecasting a challenging task. Therefore, we have developed a model specifically designed for the automotive industry in Workday Adaptive Planning. Here you can download 11 pages that give you insight into the solution. 

Download the material here

Should we make your financial reality more transparent?  

In a market characterised by intense competition, new players, changing conditions and, not least, the transition from combustion engines to electric or perhaps hydrogen, car dealers face increasingly demanding requirements for precise financial management and agile planning. Over the years, Basico has gained extensive experience in optimising financial planning processes for car dealers, which has led to the development of an industry-specialised financial model.  

We can help if you recognise these challenges: 

  • Intensified competition and price pressure due to the development from combustion engines to electric vehicles 
  • Changing market conditions affecting sales of both new and used cars as well as service and spare parts sales 
  • Entry of new players
  • Rising cost levels and declining profit margins
  • Brand-dependent franchise models 
  • Growing need for detailed financial management across business areas
  • Cumbersome and time-consuming budget processes in Excel. 
Basico Naar Alle Kan Bygge Med Ai Hvem Tager Saa Ansvaret

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Five concrete actions that give the CFO control over IT expenditure

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IT expenditure is rising rapidly and becoming increasingly complex to manage. In this article, you can read about the biggest challenges and opportunities in getting IT expenditure under control, receive five concrete suggestions for the CFO – and learn from the experiences of companies that are already working strategically with IT cost management.
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Most finance functions already have an internal control system. The problem is rarely that the control activities don't exist ‒ it's that they are no longer aligned with current risks and prioritised according to the materiality of those risks, and that they often lose operational efficiency when day-to-day pressures mount. In this article, you can read about what truly determines whether your control system is protecting you, and what it takes to embed it in the organisation.
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