.gif){kind=icon}
Steinmeier Consulting is a tax advisory firm with a clear focus: growth-driven SMEs with digital business models. In addition to traditional tax services, the firm helps clients digitize and automate their internal financial workflows, from accounting to decision-making. The goal is to empower businesses to make faster, smarter, data-driven decisions.
Cash management is stuck in the 90s
In many small and mid-sized businesses, cash management is still decades behind. It's manual, error-prone, and time-consuming. What’s missing? Structure, efficiency and qualified personnel.
"A lack of skilled staff, inefficient accounting processes, and financial decisions based on poor data: these are the biggest challenges we see in day-to-day work with SMEs," say Dominik Sturhan and Julian Hentschel, consultants at Steinmeier Consulting. They help businesses digitize and streamline their financial processes.
Executives are stuck in operational details
In finance and accounting, skilled talent is in short supply. Strategic questions often can’t be resolved at the employee level, and end up on the desk of the CEO.
"The executive team should be focused on leading and growing the business. They should not worry about whether a cost item fits the right expense code," says Dominik.
Inefficient processes drain valuable resources
Pre-accounting workflows are often a patchwork of outdated software and disconnected systems. Redundancies in the tech stack, unused features, and missing integrations slow things down. "Capturing invoices should be effortless with today’s tools,” says Julian. "Modern OCR and e-invoice parsing are highly reliable. They save hours in payment workflows and make Excel spreadsheets obsolete." And faster access to this data means faster access to liquidity insights.
No data, no control
Many SMEs still manage liquidity by checking their bank balance. Because financial reporting is often delayed by manual processes, liquidity planning becomes guesswork.
"Most businesses simply don’t know where their money is going. So, they make decisions without a solid foundation," says Dominik.
Tracking income and expenses manually may work for a time but as the business grows, this approach quickly hits its limits. Manual processes also introduce frequent errors.
What good forecasts really require
Robust cash forecasts are critical for SMEs. But to be useful, forecasts must include:
- Timely categorization of cash flows
- A forward view of short-term liabilities, via automated invoice capture
- Consideration of order volume and contract duration
- One-time or recurring events that affect liquidity (like rent, loans, or tax payments)
Most traditional forecasts rely on outdated numbers. They ignore live accounting data and current order books. "To help SMEs, we need solutions that connect the full picture," says Julian. "We need tools that help us shape the future, not just analyze the past." That’s how accountants and consultants can move from reactive number crunchers to proactive financial partners.
A tool connecting cash flow and accounting
That’s why Steinmeier Consulting supports its clients in selecting and implementing the right software for digital financial workflows, including companies like Wallround. Wallround is a fast-growing business in the energy renovation sector. They operate with a capital-intensive model. For them, reliable cash flow forecasting is essential. "We use re:cap at Wallround because it meets the specific forecasting and reporting needs of a business like this," says Dominik.
What re:cap enables both client and consultant
- Real-time categorization of cash flows: gives management instant visibility into cost structures, reduces operational back-and-forth, and feeds directly into cash flow forecasting.
- Automated capture of incoming invoices: enables daily updates on short-term liabilities and better cash management.
- Bank and invoice reconciliation: ensures data completeness for accounting and makes it easier to plan tax payments in real time.
- Integration with order processing tools like sevdesk, weclapp, or billwerk: allows open orders and project volume to be factored into liquidity forecasts.
- An intuitive planning interface: combines all relevant data sources into a clear, actionable liquidity plan.
More time for consulting
These efficiency gains create room for deeper collaboration. The client-advisor relationship evolves: It’s no longer just about accounting, tax filings, or year-end closings. It’s about shaping the financial future of the business.
And the engine driving this transformation? Data. "We can deliver better advice when we understand and act on information in real time," say Dominik and Julian. Their job isn’t to sort receipts. It’s to help companies think ahead. "With re:cap, that becomes possible. We share the same view of the business and can use a single tool to address strategic questions."
