Consulting services in the field of financial management

The article substantiates the relevance of the training and development of personnel involved in financial management in the current environment of increased competition and the introduction of digital technologies, since the high professional knowledge and skills of financial managers ensure the achievement of business targets. However, the recommendations of consulting companies also play an important role in effectively addressing financial management issues. The materials of the article contain the advantages of using the services of these companies, offering the study and analysis of significant elements of the financial functions of a particular organization, paying special attention to the development of a financial model and the development of the treasury function, as well as giving recommendations on transforming the organization’s competitive capabilities and areas of cost analysis, to transform costs from competitive call to the source of clear advantage.