- Afinum commissions EN.VALUE with finance onboarding for the Hartl Group
- TecDAX company using EN.VALUE’s payroll service
- Economic climate generating strong demand for consolidation and planning consultancy services
Freiburg, December 15, 2022. EN.VALUE, a consulting company specialized in all financial topics and processes, is able to report two new contracts: Afinum has entrusted EN.VALUE with the Hartl Group’s finance onboarding. The mid-sized investment company bought a stake in the managed cloud service provider back in May 2022. As part of the project, EN.VALUE is to ensure transparent processes in accounting and uniform financial reporting. The second contract – a renewal – was awarded by a TecDAX company. This contract puts EN.VALUE in charge of payroll accounting for around 1,000 employees. The finance specialists are generally seeing rising demand from companies for consolidation and planning consultancy services in the tight economic environment.
“Against the backdrop of the difficult economic environment, supply bottlenecks and high energy prices, many companies are having to recalibrate their goals, along with planning and partly also financing,” says Ulrich Kenk, EN.VALUE’s CEO. “These companies need full data transparency and planning, incorporating a wide array of scenarios, that is as reliable as possible for difficult discussions with banks and investors. We are seeing a considerable increase in the numbers of inquiries here.”
Finance consulting with M&A transactions – new contract from Afinum
For EN.VALUE, the contract covering finance onboarding for the Hartl Group, a managed cloud service provider, is more of a classic mandate for support with M&A transactions. Afinum, a leading mid-sized investment company, has already relied on EN.VALUE’s expertise in the past in matters of onboarding new participating investments. Uniform processes and financial reporting give Afinum a reliable insight into the shareholding’s financial reporting and planning. EN.VALUE’s financial expertise in corporate transactions continues to be highly desirable in the context of successor solutions.
Flexible outsourcing of payroll accounting – TecDAX company opts for EN.VALUE
The second contract also comes from a service area of EN.VALUE that is experiencing strong growth. On behalf of a TecDAX company, EN.VALUE is now in charge of payroll accounting for 1,000 employees. The contract on collaboration has been recently renewed.
Outsourcing payroll accounting, especially with a view to currently numerous bonuses, exceptions and changes, enables companies to considerably ease the burden on their internal HR while remaining highly flexible.
Given the rising demand for consultancy services for consolidation and planning, as well as further contracts alongside Afinum and the TecDAX company, EN.VALUE is anticipating a repeat of its double-digit revenue growth in fiscal 2022.
EN.VALUE is an independent, specialised consultancy company and professional outsourcing partner for all matters concerning finance and finance processes. Clients include both regional and national companies as well as international players. Its portfolio of services encompasses comprehensive financial and payroll accounting, the preparation of annual accounts, monthly reports and other financial reports in compliance with international accounting standards and in a range of different languages. EN.VALUE optimises commercial processes along the value chain, covers all topics on the CFO agenda with its consultancy services, and supports company transactions and restructurings in its role as a finance specialist. As a LucaNet.Premium Partner, EN.VALUE also offers full service consisting of consultancy, software and implementation in the fields of consolidation, planning and reporting.
For more information: www.en-value.com
En.Value Management Spezialisten GmbH & Co. KG
Sasbacher Str. 6
Tel.: +49 (0)761 3849 3979