The success of your business is our priority.
Supervision of a financial expert of the operation of a company is crucial. An external CFO is a must to properly set up and control processes, for accurate and up-to-date reporting and evaluation of data, based on which the business owner makes quick and qualified decisions. When the processes are set up correctly, the company needs an external CFO only a few hours a week. Our financial management services enable our clients to use the specialized professions as effectively as possible so that they only pay when they really use them.
Financial expert services include:
Preparation of the company budget.
Definition of goals (KPIs) and other indicators.
Review of the business results by item each month.
Monitoring of defined indicators on a monthly basis.
Monitoring of gross margin.
Inventory check and inventory differences monitoring.
Employee time budget.
We are ready to provide information recorded in the accounting database in the form of reports, presentations and recommendations so that you have relevant facts for subsequent decision-making. Reporting is a standard service that can be used by company management. It is a tool for increasing the profitability of your company, enabling you to make quick and qualified decisions about its future development.
The priority is always to set goals that follow the development of the value of the company in the form of an increase in EBITDA. The parameters that we monitor are then also used to set goals for personal evaluation of all company employees.
It is common that not every company can utilize the work of a CFO full-time, but the role of a specialist is irreplaceable for its sustainable development, even if it is only needed for a limited number of hours. For many clients, outsourcing of specialists and experts is the ideal solution - it is a way to get a trained expert (or team) with a high degree of expertise for a precisely defined period of time. This will avoid high labour costs and training and will retain flexibility in the event of future changes.
- The optimization system implemented for our client, which was focused on determining the key parameter of efficiency: the time needed to execute individual transactions. At the beginning, it was necessary to define the complexity of the processes, because certain activities in the shift operation needed significantly more time than others. After intensive examination of individual differences, we set a benchmark of both the activities and the company. Thanks to reporting, all establishments are gradually approaching the benchmark.
- Another common area of interest is the regular stocktaking, which keeps track of how many goods have gone bad, how many needed to be discounted for a sale, and how many goods are missing. During the last analysis at a client with 67 branches, we were able to find savings of 20,000 CZK per month per establishment, which was a significant increase in the company's results in the given volume.