Financial Management

Our objective in finance is to work with you to build a robust system and process run effectively by the right people.

This allows the you to view your key metrics, margins and profitability giving you what you need to make wise, timely & effective decisions in your business.

Evaluation

We typically look to firstly evaluate the business financial systems, processes and people to develop the best in class going forward. This involves:

Mapping out the financial system & process
Reviewing the key metrics
Evaluating issues within the current system
Identifying new opportunities for savings, efficiency and productivity
Profiling jobs and staff
Identifying skill sets and training needs
Review all revenue sources and offerings
Determine the profitability of every one
Categorizing costs to coincide with revenue sources

All this results in a full finance report card for the business.

The next phase of this process is building out a practical action plan to build a robust, efficient, accurate and predictable finance function.

This plan typically will includes the following:

Monthly & Quarterly financial documentation, reporting & review
IT and Software concerns
Collection & Documentation of ratios and metrics
Recommendations on receivables, payables and administration
Listing & training of best practices
Recruitment and staffing needs addressed
Testing specific solutions

Practical Action Plan

Implementation & Coaching

Implementation, based on our many, many years of experience with small to medium sized businesses is the value that you will experience. This includes ideas, best practices as well as helping people adapt to change.

We walk side by side with you and your staff to make sure this part of the process passes through the inevitable hurdles and challenges, so that your business can function with the maximum growth, efficiency and profitability.