CFO stands for Chief Financial Officer. Most large organisations have a CFO who gives high skill assistance in financial requirements of an organisation.
Emerging to mid-size organisations require the skills of a CFO but cannot justify employing an in house CFO. The functions of a CFO can be outsourced so that you only pay a small percentage of what a full time CFO would cost but get the benefits of the skill level required in all businesses.
To ensure we can offer the best advice to our clients in a proficient manner we make use of the following technology:
Cloud Accounting software – this enables us to access your accounting information at any time and from anywhere. We know that we are looking at current information when we advise you.
Calxa Forecasting – this programme gives us the ability to bring in your data from your accounting system and produce accurate and timely budgets and forecasts. (A recent project for a client saw us produce five years of forecasts with three different scenarios).
Attache Business Improvement software – enables us to see where your shortfalls are and design a programme to facilitate a change in your business towards better results and better cashflow.
Zuna Benchmarking – see how your business measures up against your competitors.
A CFO helps you to understand the financial running of your business. Many business owners bury their heads in the sand when it comes to knowing what is happening financially on a day to day basis. By being more aware and having more knowledge you can make better decisions and ensure you do everything to maximise profits in your business.
A CFO is always there when you need that second opinion or comfirmation on a business decision. Having another person to discuss these issues with can make a huge difference for many business owners who feel isolated and unsupported in their management role.
A CFO keeps up to date with all the compliance and tax issues that you don’t have time to keep up with. Ensuring you pay the least amount of tax and all filing and reporting is done on time.
Our preference is to bundle our CFO services up along with any other work we do for your organisation and provide you with a fixed monthly fee. This fee includes phone and email support. You can confidently call or email us with day to day queries.
Each organisation has different needs and these services are tailored to your organisation. We are very happy to put a proposal to you which meets your particular needs.
Please talk to Karen, Bruce or Glynis if would like to know more about how our CFO services can help you. We are happy to provide a free appraisal of your needs.