VIRTUAL CFO – FINANCE MANAGEMENT
Do you find it a challenge to get timely financial statements?
Are you unsure what your public accountant will tell you when you meet? Financial statements tell you what has happened in your business. If you don’t get financial statements very often then things could be going wrong. Use Results Business Management’s virtual CFO service on an “as need” basis to improve your financial management.
DISCOVER HOW RESULTS BUSINESS MANAGEMENT CAN HELP YOU.
FINANCIAL OPERATIONS MANAGEMENT
Get your financial month end results delivered in a timely manner with integrity by using Results Business Management virtual CFO service.
Gain confidence in your financial results by having standard financial processes. Month end financial statements therefore, can be relied upon to be delivered when you need them and with accuracy. Having a virtual CFO can free up your board meetings to discuss what is important. Let your virtual CFO control your Debtors and Creditors and have improved cash flow management. The virtual CFO can improve your business reporting and transform your Finance department from “Score Keeper” to “Business Coach.
ZERO BASED BUDGETING
Embedding your business strategy into your budget. Seems obvious, but so many business just take actual results and apply some uplift factor. Use Results Business Management to build your budgets from zero so you can see what impact your business strategy should have.
You have done all the work of knowing where you want to take your business. But how will you know if you are getting there. Budgets are a benchmark to gauge if your strategy is gaining traction in the market place and through the business. The zero based budget process will highlight the impact of your strategy on Profit, Cash Flow and Balance Sheet.
BUSINESS PERFORMANCE MANAGEMENT
Most people prefer visual presentations. Results Business Management has extensive experience in taking your financial numbers and transforming them into visual management information to make it easier to interpret business performance
Analysis of financial statements can identify trends and developing business risks and how much cash your business could generate. Understanding the relationship between P&L and Balance Sheets is a must. After all, numbers on a sheet of paper only start to talk when you put different ones together. By using infographic techniques, Results Business Management turns your numbers into visual management that has meaning.
CASH FLOW MANAGEMENT
Avoid uncomfortable calls from your Bank Manager. Get on the front foot and know your business’ current and future funding requirements. A cash flow forecast is a critical part of your cash flow management process.
Business growth is one of the key factors why businesses end up failing. Growth puts strain on cash flow as expenses always come quicker than revenue. If however, this financial stress is measured through cash flow forecasting it can be managed. Results Business Management will provide insights as to what impact future investments will have on cash flow and the best way to fund the investment eg., Buy or Lease.
FINANCIAL SYSTEM ANALYSIS
It is very difficult to run your business if you can’t easily get information from your Accounting/Business system. Results Business Management will use its step by step system analysis process to identify a system that meets your business needs.
Find out and decide whether you need to upgrade or replace your existing system. Results Business Management business system analysis process will map your business’ needs and overlay them to a systems capability. This will make any gaps visible and support the decision making process. Results Business Management can also give guidance as to the best way to host the solution eg., Cloud based solution versus hosted or server based applications.
