Carve out process support – Ferry company
Challenge
- The client company was founded by a carve out in 2015
- Capacent has cooperated with the client since 2012 when the former owner initiated the selling process
- After the carve out, the client needed to rapidly establish a standalone organization. To accomplish this, the formation of vital organizational functions as well as setting up an infrastructure with ERP and operational systems was a necessity
What we did
- Developed and established the new company’s finance department
- Supported daily operations during the transition period from old to new reporting structure and processes
- Managed the budget process
- Developed and implemented a business intelligence system to enable fact-based decision-making and support the reporting process
“Support in various fields helped to establish a stable & well-functioning organization.”
Result
- A fully operating finance department implemented within the tight time frame and ready to support the standalone entity
- An established structure and connected processes for reporting and budgeting to meet the new owner’s requirements
- A business intelligence system enabling continuous monitoring of key operational and financial metrics. The system supports decision-making and prioritization at all company levels as well as the reporting and budget processes