Smart charging company needs intelligent FP&A capabilities

Picture this...

You’re a technology company offering smart charging solutions and services for electric vehicles to European consumers, businesses, and cities that has merged with a Special Purpose Acquisition Company (“SPAC”) and is preparing for a public listing. While your growth was rapid, your investment in FP&A capabilities, particularly around long-term forecasting and KPIs to enable visibility into current and expected business performance, has not kept up. Beyond that, to help facilitate future public market guidance and conversations with the investor community, you need to develop an internal equity research analyst-view model.

You turn to Accordion.

We establish your key business drivers, prepare a metrics matrix, and develop FP&A capabilities to forecast business outlook, by:​

• Building a robust rolling five-year forecast model with granular build-up of the Income statement and variance analyses against forecast, actuals, and any selected prior forecast period.​
• Creating Power BI dashboards that interface with the forecast model to allow for deep-dive analysis of forecasted income statements to charger-type level, assessing forecast accuracy to measure improvement over time, and visualizing data to allow management to quickly spot trends and identify potential issues.​
• Developing a sales and service forecast template and automated template consolidation process for project managers to use monthly.​
• Preparing training materials and transitioning model and associated processes to finance team to make timely monthly forecast projection updates.

Your value is enhanced.

You establish critical FP&A capabilities in an accelerated timeframe, bringing you in line with public company standards. Your new set of tools and processes allows the finance team to deliver performance insights and forecast outlook to leadership and the investor relations lead.