- One company manages three companies
Neither NIC nor Rasterpunkt had their own finance team, and their control mechanisms were relatively rudimentary. This led to limited transparency regarding performance and key metrics. In contrast, Formware had its own finance team and established processes; however, occasional insight into critical matters, such as customer profitability, was lacking. Nonetheless, Formware’s finance team successfully managed the administration of all three operational companies.
Support from FLEX Capital
In collaborative partnership with FLEX, the OMS-Group has implemented the following measures:
- Conceptual proposal from FLEX: Emphasis on metrics-driven management and establishment of standardized and efficient processes in accounting and reporting.
- Supporting the CFO and leadership teams of all companies in implementation