Financial Management Services
Since 1994, EMG has been recognized as the premier St. Petersburg provider of accounting for both major Fortune 500 and small companies. But did you know that EMG also delivers a number of financial service solutions that can help you business be successful?
Due to a lack of credit, companies in Russia rely on cash for most of their transfers. As a result, many foreign companies can quickly find themselves a top a large heap of cash. Possessing large amounts of Rubles represents a currency risk — especially if you are financed by foreign debt. In addition, far too often these Ruble cash deposits sit idle and earn little or no return.
But EMG has a solution.
Our various financial management packages provide foreign companies operating in Russia with a low-risk option whereby basic financial responsibilities may be outsourced, including: currency hedging, time deposits, budget development, and forecasting. Not only will your accounting department become a profit center, but it will serve as a hedge against Ruble, Euro, or Dollar fluctuations.
Additionally, EMG can help your business plan for the future by establishing a budget, forecasting cash flows, and monitoring assets. And all of our reports can be presented in an IAS standard so your position is clearly understood. With EMG you can have the peace of mind you need to focus on what’s really important: growing your business in Russia.