wxs consulting (uk)
London
Founders story Claud M Brandt Wendy Wu What we have seen from our previous
working life Claud M Brandt Claud has over 50 years working experience having
worked most of his working life in the construction industry and construction
industry related businesses. During his career he has worked in countries in
Eastern Europe, Middle East,Clearly defined value-added business processes are
vital to the success of the business. Suitable KPIs can help the company focus
on what they are seeking to achieve. Company policies and procedures are
essential. A company may have defined policies and procedures but without
regular reviews and updates it may not reflect the changing situation of the
ongoing operation of the company and the growth the company. Compliance to
regularly reviewed policies and procedures is essential to the success of any
company, otherwise the policies and procedures are worthless. Merely looking at
revenue and cost and accounting reports monthly, quarterly and yearly without
tracing back to the root cause of any deficiencies and resolving any fundamental
problems in a timely manner will potentially lead to ongoing financial problems
depending on the severity of the problem. Regular reviews of the accounting and
reporting system can help in ensure the system is updated in line with the
company’s growth. Effective costing reviews can help the company achieve better
cost control and cost reduction thus better business performance. For management
to make reasonable and informed business decisions, the information provided to
the management needs to be on time, relevant, adequate and correct. In the
digital age we now live in, information systems are vital for any business and
contributes significantly to the success of a business. Many companies are
adopting accounting or ERP software to help manage their business. It is very
important to have experienced personnel to help in the review of a company’s
existing systems or evaluate new systems a company intends to purchase and very
importantly assist in managing the implementation of any new software if the
company does not have an experienced inhouse project manager for software
implementation.
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