High Tech

Industry Challenges

When it comes to planning and financing, the high-tech industry has unique challenges, such as:

  • Multiple methods for revenue-recognition
  • Detailed planning method at the single-worker level and / or worker types
  • Parallel management according to different dimensions, such as statutory entities, geographical areas, revenue recognition methods, customers, products, profit and lost centers, projects, and R&D
  • Project management for long-term periods exceeding one year
  • Difficulty integrating finance overall expenses in planning
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EFI´s Unique Solutions for the High-Tech Industry:

  • Full support for every known method of revenue-recognition
  • Full support for detailed planning at the single-worker level and / or worker types
  • Full support for parallel management according to different dimensions such as statutory entities, geographical areas, revenue recognition methods, customers, products, profit and lost centers, projects, and R&D, with several "Allocations methods” for profitability analysis
  • Full support for project management for long-term periods exceeding one year
  • A robust and comprehensive Treasury Module for all of the required financing activities, up to the operational and management level, with automatic reflection on the planning system
  • The projections for funding finance expenses and finance income are an integral part of the budget and rolling forecast, and come built-in with all of the financing income and expenses components.