Douglas Volz Consulting

Our Clients

Our customers come from a wide range of industries. Here are just a few of the customers we've worked with recently.

 
Leading Global Pharmaceutical Manufacturer

This provider of cancer therapies struggled with millions of dollars of differences in the inventory accounts.  With complex profit in inventory tracking and elimination to further complicate the accounting close.  The CFO, US and Swiss Senior Directors and Cost Accounting Departments expressed deep concerns over their ability to reconcile and verify that the inventory balances and profit margins were financially sound.  And their audit firm KPMG was no longer willing to overlook the impact this was having on the inventory balances and month-end results.

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Beckman Coulter, Cost Accounting Case Study

Beckman Coulter

Inventory to G/L and Legacy to Oracle Transfers took too long to reconcile, Inventory A/P Accruals programs/reports were failing, visibility for stuck material transactions prevented a timely close and the multi-org period open and close processes were not in use.  With over 20 inventory organizations and multiple operating units, Beckman Coulter required a more efficient operation.

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Mercury Marine, A/P Accruals Case Study

Mercury Marine

Mercury Marine was unable to reconcile and research the A/P Accrual balances for it’s $2 billion annual operation.  Douglas Volz Consulting quickly identified the necessary solution within two weeks...With these A/P Accrual business process and reconciliation improvements, Mercury Marine now has the training, tools and confidence to reconcile, validate and research their A/P Accrual Balances

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Onninen Cost Accounting Case Study

Onninen AS

Onninen, a building supplies distributor in the Nordic region, were facing critical critical business and system issues with purchase order pricing, payables matching, and related inventory valuation and margin recognition issues. Douglas Volz Consulting gave Onninen AS the required knowledge and "safe hands" to journey from a shaky Go-Live to an efficient running operation.

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TCI International, Project Manufacturing Case Study

TCI International

TCI was unable to efficiently reconcile across Oracle Inventory, WIP, Projects and General Ledger balances; a long-standing challenge with Oracle Project Manufacturing.  Douglas Volz Consulting quickly developed a complete solution to reconcile Inventory, WIP and Projects to the G/L.  Douglas Volz Consulting continued to support TCI through detailed project reconciliation and web support sessions, even after the assignment was completed.

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Collaboration and team work with Douglas Volz Consulting

"Because of the custom programs and working procedures created by Doug, today we are able to track margins, inventory and costs with a minimum of staff, and with much higher accuracy."

- Kristine Schüssler
CFO Onninen AS

“Our company’s accrual account had been carrying a [credit] balance of 100 MNOK [Million Norwegian Kroners]. Everyone knew the balance shouldn’t have been so high. But no one knew how to attack the problem—or even what the problem was. Our margins were so low we had begun to question whether we should continue doing this kind of business. Doug had a good feeling for what might be wrong. He set up an entire reporting structure—from the margin to the cost reporting—that made it possible for me to later figure out what was going wrong. With Doug’s help, we managed to get the reporting under control. This resulted in a final write-down of the accrual balance, and we ended up increasing our net-result that year from 70 to 100 MNOK. He helped us avoid the wrong decision of dismantling that part of the business.”

-- Espen Ingvoldstad
Cost Controller
Onninen

 

Copyright 2012