Syntegro

The key to financial stability

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Workforce management

Established in 2002, Syntegro has become a leading force in workforce management and access control. Partnering with numerous esteemed organizations, Syntegro provides cutting-edge software and hardware solutions for time registration, workforce planning, and access management, resulting in increased efficiency and reduced operational costs. In late 2023, Syntegro was acquired by the Norwegian company Visma. This acquisition, combined with their continuous innovation and strong customer focus, has significantly enhanced Syntegro’s reputation both in Belgium and internationally.

The Project

During a period of internal transition, Syntegro identified a need for strengthened financial management. The company sought a comprehensive solution that offered both strategic financial guidance and day-to-day operational support. Ensuring stable and efficient financial processes was crucial for unlocking further growth and innovation. Our CFO and Finance & Administration Consultant eagerly embraced this challenge.

CFO-as-a-Service: Steering financial strategy

Syntegro benefits from a two-pronged support system. On a strategic level, our CFO-as-a-Service delivers customized financial reporting and analysis, providing a financial compass that offers deep insights into the company’s fiscal health and guides its strategic direction. Additionally, Syntegro receives expert assistance with strategic decision-making.

Streamlined Financial Operations

We also deliver structural support for daily financial activities, ensuring smooth and efficient operations. Our responsibilities include:

  • Processing salaries, bonuses, and other payroll components.
  • Managing and executing payments to suppliers, employees, and stakeholders.
  • Handling credit management to optimize cash flow, including monitoring outstanding invoices, billing customers, following up on payments, and managing collection procedures.
  • Preparing and filing VAT returns and managing VAT obligations and refunds.
  • Receiving, verifying, and processing purchase invoices.

By deploying our experts in the right areas, Syntegro now enjoys robust financial management and comprehensive reporting to its parent company. This allows Syntegro to focus on its core business activities.

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