CFO Services

Not every company needs a full-time CFO but having an experienced person to look into your finance department regularly helps you improve your business performance considerably. It saves you from making costly mistakes and aligns the financial processes today to save time and mental hassle tomorrow when it will get bigger.

Typically our CFO assists in the following areas;

1) Assisting in aligning your cash management cycle. To put it differently, creating a financial plan that outlines when cash should be received, how much should be received, when expenses should be paid, and when cash should be retained to ensure timely payments to creditors and keep the business running smoothly. This approach enables business owners to gain a better understanding of their company’s cash flow and negotiate more favorable deals with their customers and creditors.

2) Analysis of financial statements. In other words, informing you what has happened in your business in the past period, the results or effects of the decisions taken by you in financial terms, reasons as to why the required targets were not met this year, and by how much and what can be changed to get them maybe this year.

3) Financial projections/forecasts. To put it simply, presenting the potential financial impact of the new decisions or directions being considered by the business owners. This can assist them in determining whether it is more advantageous to implement a major decision now or at a later time to achieve the greatest benefits for the company.

4) Product-wise / Project-wise analysis. In other words, a CFO also keeps a keen eye on each company project/product. Sometimes the overall financial statements show profit however, the owners do not know that the greater profitability maybe is because of one or two of the major products of the company, while there are others who are bleeding cash and may need to be either stopped or changed. Product-wise / Project wise analysis required in-depth knowledge of the costs relating to these and the experience to perform correct allocations of the costs of the shared expenses in order to calculate reliable values to take decisions upon.