Automotive services

For years we have been creating, developing and improving management systems in automotive companies. Day after day we combine practice and academic knowledge, thus achieving solutions tailored to the needs of company management. Based on a solid foundation of specialist knowledge and industry experience, we have developed a range of services that fully meets the expectations of the most demanding leaders in automotive companies. We are at our customers’ disposal in several areas.

Management process support

We know every step of the dealership management process. From selling cars and financing, through selling parts and accessories, to the specifics of servicing and car body repair. In our everyday work we help managers to set goals, diagnose problems and correct them, as well as evaluate effects of the implemented actions.

Our support for management processes means:

  • preparing together with the management the budget for the different business units of the company,
  • researching the information needs of managers and subsequently providing management reports,
  • improving the organizational structure of the company,
  • consulting in the field of systematization of responsibilities on particular positions in the company,
  • supporting managers in creating procedures.
  • support of quality management systems according to iso 9001 standard,
  • organizing periodical management meetings at client's headquarters, which involve presenting the level of budget realization, discussing deviations from the set goals, and discussing corrective actions,
  • advice on the recording of economic events to be able to obtain the information necessary for management at the very beginning of the month,
  • presentation of real financial results including estimated bonus values.

In this area, the process of cooperation with the client is divided into 3 stages:

I. Audit of the current status – a diagnostic process of the state and needs of the organization. Its final outcome is a report.

II. Proposal and implementation of solutions – based on the audit, together with the management we develop the most effective solutions.

III. Regular supervision of the process – ongoing reporting and supervision of the system operation.

Financial controlling

We believe that data speaks. We specialize in translating numbers into factual information. The messages we deliver always fully relate to the subject matter and reach the client’s management office on time. Our reports contain reliable and complete management information. Our priority after starting cooperation is to automate the processes of collecting management information in a company and implement actions which optimize the operating costs. At the request of the client, as part of the financial controlling services for the automotive industry, we prepare:
  • Quantitative reports,
  • income reports,
  • margin reports (analysis of margin plan execution and deviations with corresponding graphics),
  • synthetic reports for the Management Board (synthetic analysis of main data in particular areas, analysis of deviations and their graphical presentation).

Financial audit

Nowak & Rajwa originates from the automotive industry. We are proud of this uniqueness of our company. It has allowed us to create and develop a rare service tailored to the specificity of the automotive sector. Apart from the obligatory financial audit, we offer our partners implementation of financial controlling subsystems tailored for dealerships. Very few audit firms focus on a particular industry and have in-depth knowledge of the realities in both the economic environment and the industry itself.

Our auditors specializing in the automotive sector guarantee to provide the entrepreneur with key information on the processes occurring in the company. Moreover, they support entrepreneurs in defining their goals and business decisions, both in the short and long term.

The result of our cooperation, apart from the preliminary opinion and report on the mandatory audit of financial statements, are controlling-related products and services, which constitute an added value to the annual review and a foundation for more effective reporting and deriving full information from the results in the successive years:

  • implementation of a management accounting system with the industry specifics in mind,
  • a reporting and budgeting system for the Management Board,
  • templates of periodical reports for particular areas of activity of the entity.

Bookkeeping

Accounting data is a treasury of knowledge about the financial condition of a company. The task of the accountancy is to provide reliable, credible and quick information to its recipients. To achieve this goal, it is necessary to use appropriate tools, that is, an optimal accounting system. The specificity of the automotive segment requires developing an accounting system which is specific in its structure and which responds to the information needs of the industry. Thanks to our extensive experience gained during work on projects optimizing the work of financial and accounting departments, we offer our clients a specialized service which is a combination of actions streamlining accounting processes with standard accounting outsourcing To optimize the work of financial and accounting departments we offer:
  • construction of an accounting system on the basis of information needs of the company including the specificity of the automotive industry,
  • automation of processes of recording economic operations,
  • analysis of workload of financial and accounting departments in order to improve work efficiency,
  • implementation of procedures aimed at systematizing the work of financial and accounting departments (procedures required by law as well as internal management procedures),
  • developing standardization of information exchange between departments,
  • recommending and implementing IT systems aimed at reducing manual work.

W ramach usług outsourcingu ksiąg rachunkowych proponujemy:

  • full or partial outsourcing of the dealership's bookkeeping,
  • preparation of financial statements in accordance with the requirements of external institutions,
  • personnel and payroll services,
  • tax services including representation of the client before the tax authorities,
  • supervision over the processes of mergers, divisions and consolidations of commercial companies,
  • development of business plans,
  • development of company restructuring plans,
  • development of cost optimization projects in enterprises,
  • other services upon client's request.