BENEFITS OF A CFO & OUTSOURCING
BENEFITS OF A CFO
Have you ever wondered where you are making your money or even where are you losing money? Are you receiving the most out of your financial data in order to make good business decisions?
A CFO provides services whereby you may benefit. We believe that the purpose of a CFO in your business is to use a formula which we call SIAPN. That is Supervise, Interpret, Analyse, Plan and Navigate. Each area can provide relevant and useful information to help you reach your business goals.
Supervise - CFO's are responsible for overseeing the complete accounting function and processes to ensure efficiency. The key to this is also ensuring that all financial data is accurate and provided in a timely manner.
Interpret - Several business owners don't understand the financial information that is presented. It is the CFO's job to ensure that you understand the numbers and that it is presented in a manner that is useful to your business.
Analyse - A CFO is required to research market trends and provide bench marking data to be utilised in future planning.
Plan - CFO's provide you with information required to make business decisions. This is done by monitoring all inflows and outflow to assist in investments and business purchases.
Navigate - A CFO is there to help guide your business towards strategic growth. They are there to provide insights into strengths and weaknesses of your business and identify possible opportunities for growth.
Our Virtual CFO service allows you access to the experience and knowledge of a CFO as and when your business requires. We will tailor our services to your business's individual needs ensuring compliance with all legal, tax and regulatory requirements.
We are able to provide:
* Monthly Management Reports including a comprehensive analysis and review of the results
* Monitor cash balances and forecasting to ensure adequate cashflow
* Liaise with stakeholders so they understand the positioning of the business and its profitability
* Balance Sheet Reconciliation and Auditing
* Assistance with Recruitment & Training
* Policy & Procedure implementation
* Monthly face to face review
BENEFITS OF A CFO
Have you ever wondered where you are making your money or even where are you losing money? Are you receiving the most out of your financial data in order to make good business decisions?
A CFO provides services whereby you may benefit. We believe that the purpose of a CFO in your business is to use a formula which we've called SPAIN. That is Supervise, Plan, Analyse, Interpret and Navigate. Each area can provide relevant and useful information to help you reach your business goals.
Supervise - CFO's are responsible for overseeing the complete accounting function and processes to ensure efficiency. The key to this is also ensuring that all financial data is accurate and provided in a timely manner.
Interpret - Several business owners don't understand the financial information that is presented. It is the CFO's job to ensure that you understand the numbers and that it is presented in a manner that is useful to your business.
Analyse - A CFO is required to research market trends and provide bench marking data to be utilised in future planning.
Plan - CFO's provide you with information required to make business decisions. This is done by monitoring all inflows and outflow to assist in investments and business purchases.
Navigate - A CFO is there to help guide your business towards strategic growth. They are there to provide insights into strengths and weaknesses of your business and identify possible opportunities for growth.
BENEFITS OF OUTSOURCING
Outsourcing is an opportunity to gain the benefits of a CFO without the large salary/cost to your business.
Loyistis offers services at an affordable price for SME's with flexibility and no lock in contracts. We are passionate about our service and helping you achieve your business goals. We live by four simple principles:
Cost Effective - Majority of SME's are unable to have the available budget for a full time CFO. We ensure that outsourcing is a cost effective alternative scalable to your budget and needs.
Collaboration - Having 20 years experience across many industries, we are providing the resources of a team, not just an individual.
Confidence - We instill confidence by providing reliable, transparent data so you can have confidence in your business decisions. We can also reduce the risk of fraud to the business through our insights.
Concentration - Because we love what we do, leave the accounting to us so that you can concentrate on running your business and doing what you love to do.