Virtual Financial Director
Many small and medium size organisations find it difficult to keep track of “the big picture” whilst running the business day to day. Using our skills in developing reporting systems we act as “virtual financial directors” so that we will help monitor progress regularly and give feedback to ensure that everything is under control.
Using our knowledge of the main drivers which create profit and growth we can help you focus on the relevant areas of your business and keep you focused on the medium and long term as well as the day to day operations.
Example: Our client is in a profitable fast growing service industry. Whilst the business was undoubtedly profitable the directors never felt in control and cash flow was always an issue. Our team is now involved monthly when they produce key financial reports to very strict deadlines. The reports, which get right to the key profit drivers, are used by the management team to direct the business. They form the basis of a two hour monthly meeting with us when we help them plan activities and hold them accountable for things that were agreed at previous meetings.
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