The 'remote control' system developed by the InterGest group for managing foreign subsidiaries provides an excellent basis for planning, monitoring and control, especially for the controller.

The starting point for setting up controlling is, first of all, the data from the accounts department in conjunction with the comparison of planned and actual costs and budget accounting.

The classical accounting cost items, which the InterGest organisation allocates by country and by applicable accounting periods, permit the controller to record and allocate costs to the different profit centres of his business according to the costs-by-cause principle.

This access possibility is independent of time differences and requires no third-party collaboration.
Some of our services in this field are:

• availability of all relevant business management data for each export country for planning, monitoring and control
• cross-national evaluations via a central database
• converting individual national currencies into a single currency (for instance EURO or US Dollar)
• planned-actual costs comparison according to company specific chart of accounts and translating this into the native language of the controller

The causal research and action planning undertaken by the controller on the basis of this information supports the profit and management control of the foreign company in an excellent way by allowing the executive management to concentrate on tasks of coordination and strategic decision-making.