Overview
Lobbying Costs
350,000€
Financial year: Jan 2017 - Dec 2017
Lobbyists (Full time equivalent)
5 Fte (5)
Lobbyists with EP accreditation
0
High-level Commission meetings
0
Lobbying Costs over the years
-
Info
European Fund Management Consulting (EFMC)
EU Transparency Register
243141929840-69 First registered on 26 Jan 2018
Goals / Remit
European Fund Management Consulting – EFMC – is a European consulting company specialised in the financial management of European projects. Established in January 2014, EFMC has its headquarters in Tallinn, Estonia and back office in Paris, France.
The company supports beneficiaries of European Grants in all financial issues concerning European projects. The main specialization is research grants such as FP7 and H2020.
EFMC works with the leading European universities, medical and research institutes, private and public organizations. The company advises the leaders of the organisations on their most critical financial issues and opportunities.Main EU files targeted
European Fund Management Consulting – EFMC – is a European consulting company specialised in the financial management of European projects. The company supports beneficiaries of European Grants in all financial issues concerning European projects. The main specialization is research grants such as FP7 and H2020, but the company also provides support with issues concerning COSME, Feder, FSE, structural funds and grants.
EFMC proposes 5 main services to provide support to any beneficiaries of research grants:
This support can be adressed to beneficiaries, coordinators and even for the EC.
For Beneficiaries
EFMC offers training courses “Financial Management of Horizon 2020 Projects: Theoretical and Practical Approach”, which are being organised all over Europe. Our trainings are led by experienced former auditors of the European Institutions (European Court of Auditors & DG RTD). The training materials are based on real experience, on the mistakes of hundreds of audited entities and projects. Each training ends with the practical workshop.
European financial rules may appear opaque. Moreover the Project Manager is usually a researcher, not a Financial Manager. It is usually necessary to set up specific internal procedures to comply with the EC requirements. Beneficiaries (SMEs, universities, research centres, public/ private companies) may need a help wth the specific issue or even require help for a longer period during the project. EFMC offers cost declaration consulting services and financial analysis of the project .
What is important, usually there are too many errors in the costs declarations with the result that:
beneficiaries are adjusted by financial officers and/or audit services
consequences might be very serious for the beneficiary concerned, the whole Consortium and therefore for the project
error rate remains too high
For Coordinators
Financial management of the consortium is time consuming. Coordinators can not know all the rules specific to each beneficiary. 17% of partners generate financial delays for the whole Consortium and it may be complicated to obtain financial elements from a beneficiary.
Consequences are adjustments in the costs declarations and delay in the payments by the European Commission
For the European Commission
When a Consortium or partners ask for EFMC support, the EC will be sure that the project is well managed, the procedures and cost declaration are accurate (in case of flit adjustments they will be very small). EC will be sure that the error rates will remain very low.Address
Head Office
European Fund Management Consulting
Narva mnt.
Tallinn 10117
ESTONIA -
People
Total lobbyists declared
5
Employment time Lobbyists 100% 5 Lobbyists (Full time equivalent)
5
Lobbyists with EP accreditation
No lobbyists with EP accreditations
Complementary Information
None declared
Person in charge of EU relations
Mr Robert Carroll (Senior EU Consultant)
Person with legal responsibility
Mr Raphael de Vivans (CEO)
-
Categories
Category
I - Professional consultancies/law firms/self-employed consultants
Subcategory
Professional consultancies
-
Networking
Affiliation
None declared
Member organisations
None declared
-
Financial Data
Closed financial year
Jan 2017 - Dec 2017
Lobbying costs for closed financial year
350,000€
Other financial info
None declared
-
EU Structures
Groups (European Commission)
none
Groups (European Parliament)
None
Communication activities
Our Slogan
“Expertise Through Experience”
Our approach can be summed up by one phrase: “Expertise Through Experience”. We will help you do your best by sharing our experiences and providing you with up to date useful information, we’ll help you manage EU funds efficiently and in compliance with the rules. We will provide you with the follow up of the last available developments in the area.
Our Mission
To exceed our customers’ expectations with outstanding consulting services for the financial management of European projects.
Our Vision
To be Europe’s most trusted partner for the European Commission and for the beneficiaries of H2020 grants.
Our business idea supports this vision by offering a wide range of services such as:
Trainings (general and/or trainings upon request)
Consulting Services
Audit management
Project Accounting
Consortium financial management
Our Values
Our values guide the way we work with our customers and with each other.
Experience – the quality of our people is the cornerstone of our ability to serve our clients. Our people are our most valued asset – they are experienced and passionate about their work.
Quality – we are committed to providing high-quality services. Our customers choose us because we provide applicable information in an easy and understandable manner.
Passion – we are passionate about our business, our brand and our services.
Openness – we are committed to a culture of international teamwork and collaboration, we are flexible, adaptable and opened to changes.
Ethical values – we treat ethics as an integral part of our business. We will always act within our ethical standards and within the financial obligations required by EOther activities
None declared
- Meetings
Meetings
None declared
- Meetings