Why Outsource your CFO position?
Full Financial Management
A CFO sets up the framework that generates information on the health and future preparedness of a company and its projects. This expertise is fundamental for any business wanting to maintain a strategic, forward-looking financial outlook whilst optimising company profits. Through outsourcing this role, the employees and director leadership in your company can continue to concentrate on the core business vision and operation.
Time & Resource Saving
A firm financial grounding is critical for any business. However,
given their sizing, a full-time CFO is a high and often unnecessary expense for
the majority of SMEs. Outsourcing the position therefore enables you to focus
your efforts on reaching your company’s vision and long-term strategic goals,
whilst at the same time maintaining absolute security in your financial
Picture the scene:
Previously, the financial management of your business was simple – as a new company, your financial risk was low. However, your company is growing, and your current financial management system is starting to show its limits:
- Weak financial analyses mean that areas of opportunity are not being realised, and profit is not being effectively managed.
- Resource is not available to dedicate to improving company financial understanding.
The development of your company introduces an equally significant financial risk. Our external CFO supports your business growth, ensuring meaningful financial choices are made to best prepare for current and future strategic plans.
Picture the scene :
Your company is undertaking an increasing number of projects but owing to a l ack of financial management and control, is unsure of their exact returns.
Project analyses are based on assumptions that do not contain intricate financial data within them, and thus are at risk of not reaching their promised profitability, or even becoming unprofitable.
The implementation of a project should depend on its financial
risk and return. During project development, our CFO carries out a detailed
analysis of the project's projected profitability based on expected return
This study is critical for a proper risk and opportunity assessment, which in turn is fundamental for project choice optimisation.
Picture the scene:
Your company is in a difficult situation where radical changes are needed in order for your business to return to financial health.
Questions arise: Where do you start? What should you focus on? Which actions will have the least impact on your employees and business, whilst still creating much-needed financial benefit?
Tasks include (but are not limited to): margin setting, cash optimisation, reporting and financial dashboard creation and management, development and investment strategies, functional organization processes, stakeholder and team training, ERP implementation, scope and procedure definement, business-specific customisation, consolidation and verification, operational maintenance.
Contact us for more