PART-TIME cfo AS A SERVICE
A good CFO is a role that supports you in creating key processes and strategies in the financial management of your business. The functions of financial management are at the heart of every business venture. The quality of financial planning, reporting, and management largely determine whether a business will grow and develop or struggle for survival.
With the development of technologies and processes, it is now possible to use the services of a qualified Financial Director without having to hire him/her full-time job, but according to your needs partially - i.e., to use a Financial Director as a service /CFO as a service/.
The benefits for Your business By hiring an external/part-time CFO as a service, as well as your company will be restructured as following:
- Higher efficiency
- Higher income
- Higher profits
- More cash
- Higher credibility
- More free time and resources.
OUR SERVICES INCLUDE:
- Creation of internal processes and procedures for cost calculation and pricing;
- Calculation of cost of sales of products and services, as well as pricing;
- Support and advice when needed for fund-raising. Evaluation of the need to attract foreign funds, as well as support and preparation of documentation and participation/consultation in the process, according to the client’s needs and requirements;
- Supporting the process of creation of a business plan for the client’s needs;
- Building processes for cash flow management - modeling, reporting, and recommendations for improvement;
- Providing accurate and high-quality financial analyses and discussing the client company’s strategy with management teams;
- Business planning and forecasting, including budgets and global and lower-level forecasts, analyses, reviews, creating reports, and measuring adequate development indicators according to the company’s mission;
- Creating of reporting processes for management purposes, that is adequate and supportive to the management decisions. Review and evaluation of the current system, recommendations for improvements. Presentations for the needs of the client company’s management body;
- Evaluation and implementation of a new or updated existing cost structure of products and services, if necessary;
- Integration and configuration of the management information system and specific business-financial and non-financial metrics;
- Software for business and financial management purposes - taking on the role of Project Manager on the client’s side when choosing, introducing, and implementing new ERP software or other such software;
- Assistance in verifying and validating business and financial data of suppliers, customers, competitors in connection with business activity through platforms used by the client;
- Creating and implementing of financial procedures and processes that cover internal discipline in the client's company and control;
- Training of the current staff - financial or not; introduction and training of newly appointed financial people; periodic training in finance;
- Internal process audit activities aimed at finding areas for improvement, calculating the effect of changes and consequences;
- Optimization of the internal processes of financial management in the company;
- One-time or periodic consultations as per Your needs.