Consulting
The finance department is responsible for meeting internal organizational needs as well as fulfilling payments to suppliers and other parties. In doing so, it aims to ensure that the required level of financing is available at the necessary maturities by planning the collection of receivables. However, considering country and sector conditions, it is often observed that such planning cannot be fully implemented due to delays in collections. In such cases, companies require external funding, which is typically obtained from banks and other financial institutions.
ERTA/PRAXITY, together with its experienced financial advisors, provides support and training to companies’ finance teams. Within the scope of this service—starting with identifying the company’s short- and long-term financing needs prior to credit negotiations with banks—ERTA/PRAXITY also prepares comprehensive reports including various scenarios. These scenarios demonstrate how potential changes in costs, exchange rates, receivable collection and debt payment periods, annual growth rates, and similar parameters may impact financial statements over the next three years.