The 5 Core Benefits of a Great CFO
This video outlines the core benefits of an outsourced CFO service:
This video outlines the core benefits of an outsourced CFO service:
Your business needs financial information on time. It needs accounting systems that work, that are properly maintained, that are up-to-date and in the cloud. You need to feel confident that your accounting information is current and automated.
An outsourced CFO provides you with the peace of mind knowing your business is compliant with accounting and tax laws, and that you’re running on reliable information.
Tax Compliance
Annual Reporting
Accurate Accounts & Records
The value of a great CFO extends beyond peace of mind. Gaining clarity on your profitability, your cash flow and your strategic direction is invaluable.
Performance Reporting
Management Accounting
Dashboards
KPIs
Cashflow
Budget
Tax Plan
CFOs give you the ability to gain insight into your business and analyse your performance. They allow you to make informed decisions about your business’ future and keep you on track to reach your potential.
Monthly Meeting
Board of Advice
Results Commentary
Peformance Analysis
Structuring
Corrective Actions
Performance Monitoring
Corporate Governance
CFOs can also contribute to the formulation of business strategy, and ensure that your plans and actions align with your goals. Often, a CFO in this function will form a board of advice or sit on your statutory board. They assist with significant decisions, involving buy and sell transactions, succession issues, capital and debt strategic and corporate governance.
Board of Directors
Buy/Sell A Business
Succession Planning
Transaction Services
Process Review
Product & Pricing
Strategy Formulation & Facilitation
Customer Value Proposition
Debt Strategy
Business Valuation
Organisational Structure
People - Roles and Responsibilities