In these times of austerity Finance Directors are often under pressure to run the ‘business as usual’ – and perhaps with the need to run the cash flow tighter – but also implement change that will have a longer term impact. You may be doing that with less staff also.
I offer the scope to outsource some of those tasks. Examples of what I have done recently for clients:
- Put in a robust process for making the most of credit balances – that paid for itself ten times over.
- Wrote a presentation for the FD of a multi-million pound group – where the bank wanted a detailed explanation of changes to the business and how it was performing. It took me the best part of a week – he admits he would never have got it done.
- Undertaken calculations and negotiations to redeem a complex finance lease – with a positive impact on cash flow.
- Checked and refined an ‘ investor memorandum’ to be used to secure vital new capital into a business.
None of these tasks were beyond the individuals involved – but they lacked the valuable time to do them properly. Happy to talk to someone in a similar position.