Case Studies
Whatever the industry financial issues can arise in any company, that's where I come in, offering flexible financial consultancy services to help SMEs take control of their finances and set up an effective basis to move forward with.
Here are some examples of how I have helped companies in the past.
1
Estate Agency
Problems
Directors had no daily visibility on the company’s financial standing.
Management accounts being put together by external accountants.
Accounts team were overwhelmed due to no daily processes.
Solutions
Audit report on all aspects of the accounts department and the impacts on business.
I worked with the directors to decide what reports were relevant and necessary for them to make sound business decisions.
Train existing accounts team to take responsibility for the accurate and time sensitive production of the monthly management accounts which in turn saved costs.
Implement daily processes for the accounts team with training- credit control, supplier payments and daily reports.
2
IT Company
Problems
This SME had persistent cash flow issues which had a negative impact on the company’s ability to forward plan and had hampered the company’s growth.
Solutions
Audit report on the complete business including sales department, accounts department.
Credit terms for customers updated and enforced to coincide with supplier terms to relieve pressure on cash flow.
Train accounts staff in clear credit control procedures.
Recruit experienced accounts staff.
Clear reporting from sales department to accounts department and directors to solve customer account issues quickly to reduce delays in payments.
3
Manufacturer
Problems
Company had grown significantly but expenditure had taken a large part of overall profits.
Solutions
Complete Audit of business financials.
Prepare reports on all aspects of the business including credit control, customer accounts and sales on a daily basis.
Examine costs for each part of the business and with the directors control all overheads.
Examine all margins and bring them inline with company needs.
Project manage new company system to streamline efficiency.
Contact
If you are in need of financial advice and leadership within your business get in touch and I will arrange to meet you for a relaxed chat in a setting comfortable for you to assess your needs and how I can help.