6. ’’Giunti Psychometrics è un partner
serio, competente, rispettoso
della cultura aziendale.
Allo stesso tempo, è capace di dare stimoli
per migliorarla e farla crescere ’’
Alberto Calcagno, CEO Fastweb
Our Customers
Giunti Psychometrics
7. TalenTia Cash Management
The Consolidated Financial Information Panel (together the new “Finance Systems”) will ensure
that Giunti Psychometrics is compliant with the consolidated financial reporting process, enabling the
prompt monitoring of budget and business plan of each entity, fastening the strategic decision process of
the Global Board of Directors
FASTER FINANCE
PERFORMANCE
MEASUREMENT
EASILY USABLE BY
DECISION-MAKERS
FINANCIAL METRICS &
ACTUAL VS BUDGET
ANALYSIS FOR EARLY
WARNINGS
ACCELERATED AND
CENTRALIZED
FINANCIAL
MANAGEMENT
PROCESS
COMMON FINANCIAL
FRAMEWORK &
LANGUAGE
WORLDWIDE
FASTER AND MORE
EFFICIENT DATA
COLLECTION PROCESS
DATA REPOSITORY
FOR TRACKED AND
AUDITABLE
INFORMATION
CORPORATE FINANCIAL TARGETS
MAIN NEEDS
8. Quarterly
Weekly
Monthly
Net sales reports (actual and forecasted), uploaded to
Talentia
Liquidity on bank accounts, transmitted via Swift
protocol MT940 by Group Cash Management Tool
Intercompany trade and financial transactions
(revenues, costs, payables and receivables)
Financial Reporting package (and related trial
balances), uploaded into Talentia (transcoding between
local charts of accounts and group chart of accounts has
be settle)
Manual adjustments directly in Talentia, when
required, to comply with Giunti Group’s reporting and
accounting principles, and to record infra-annual
accountancy bookings related to close-the-books process
(accruals, deferrals, stocks, etc).
DATA COLLECTION AND CONSOLIDATION PROCESS (1/2)
8
Inter-company
transactions
Net Sales
(YTD+YTE)
Bank
Swift MT940
Local Trial
Balance
Local manual
adjustments
Financial
Reporting
Package
Yearly
Statutory
Financial Report
Budget
AND
3/5 Year
Business
Plan
9. Activities will be distributed among different “key users”, in detail:
“CONTRIBUTORS”:
feed the data into the system
“PILOTS”:
address the ICO transactions’ differences such as the elision of common assets/liabilities, the clearing of cross sales
transactions and the other adjustments required by transition from Local GAAP to Giunti Psychometrics reporting and
accounting principles
Set-up and maintain chart of accounts, the trans-coding with local charts of accounts, the exchange rates, etc.
DATA COLLECTION AND CONSOLIDATION PROCESS (2/2)
9
Pilots (HQs)
Contributors (Subsidiaries)
DATA SET UP .--- .--- .---
AUTOMATIC & CENTRAL
ADJUSTMENTS
ELABORATE
CONSOLIDATED
FINANCIAL STATEMENT
.---
ACTUAL AND BUDGET
SALES REPORT
MATCH ICO
TRANSACTIONS
FINANCIAL REPORT
PACKAGE INPUT
LOCAL MANUAL
ADJUSTMENTS
.---
10. Output of the financial consolidation process:
The net sales trend, year-to-date and year-to-end
The Consolidated Financial Statements
(Balance Sheet, Profit & Loss, Cash-Flow)
The intercompany reconciliations
The economic and financial metrics
Trade receivables and payables aging analysis
The loans balance amount with banks
The liquidity trend in companies’ bank accounts
DATA OUTPUT AND FREQUENCY
10
• Group Liquidity/Financial Position
DAILY
• Group Net Sales
MONTHLY
• Profit & Loss
• Balance Sheet
• Cash Flow Statement
• Trade Receivables / Trade Payables (aging)
• Intercompany Transactions
QUARTERLY
11. Tailored on our needs
Competitive TCO High customizable
Fast
implementation
Flexibility Cloud solution
Reduced costs of ownership
vs solid/complete
consolidation solution
Solution easy to adapt to
our business model
Accessible form
everywhere
No needs of complex IT
First results in few
weeks
Technology
HOW DID TALENTIA HELP US?
12. Planning vs Actuals
Help to daily work Budget
Reporting
Profiling users Multi accounts
Workflow for activities
Intercompany
Set up profiles based on
grants to access and
modify data
You can have several chart
of accounts (operational,
statutory, etc. )
Excel format – very
customizable
Functionalities
HOW DID TALENTIA HELP US?
16. Contact
Giunti Psychometrics
Via Frà Paolo Sarpi, 7/A
50136, Florence (Italy)
info@giuntipsy.com
Gémino Di Giuliano
Group Head of Finance
E-mail: gemino.digiuliano@giuntipsy.com
Mobile: +39 347 0108287
THANK YOU!