Do you forecast your business cash flow? Do you ever have unexpected VAT or PAYE bills? Is your balance sheet accurate? Do you trust your accounts? Imagine having your own experienced Finance Function, generating accurate, timely and meaningful monthly accounts, enabling you to take strategic business decisions with your virtual finance director! As well as reducing your stress and improving business decisions, transforming your finance function will significantly help you prepare for your business sale.
We believe that a transformed Finance Function provides the springboard to sustainable business growth. “A picture is worth a thousand words” which is why our Finance ReadiMap ® gives you a picture of the readiness of your Finance Function’s scaleability for business growth. Transforming the Finance Function is also a key way of reducing the possibility of fraud. Watch out for the key signs of fraud.
To transform your finance function we recommend by starting with our Finance ReadiMap ® review which delivers:
- Gives you a clear ‘picture’ of strengths.
- Identifies areas for improvement.
- Roadmap to Management Information you deserve.
- Improvements which lead to Accounts you can trust.
- Practical suggestions for improvements.
- A recommended action plan.
The benefits are considerable:
- Accurate information allows better decisions
- Timely information means corrective action is taken sooner, saving the business money
- Meaningful – Management Accounts which really assist the Directors and Managers to make better business decisions
- Ability to forecast profit and cash forward, hence buying valuable ‘talking time’ with business backers
vfdnet provides experienced management accountants, bookkeepers and part time finance directors on a part time basis. vfdnet have many years experience of helping early stage and growth companies, hence work efficiently and provide you with a cost effective solution. Contact us for a no obligation discussion about your needs.
“We brought vfdnet in to review our existing management accounts information, asking them to recommend a standard group reporting package of reports and implement them after our approval. The package of reports included Profit & Loss, Cashflow and Balance Sheet data, both historic and forecast. This new group reporting has provided the owners and senior management with valuable information for key strategic decisions on the future direction of the operating businesses. I would recommend vfdnet for a thorough approach, and for their implementation which was handled with sensitivity and ensured buy-in from operating businesses.”
Joe – Finance Director, Engineering company
“Since joining the Leadership Team, our VFD James has made a significant contribution in turning the company around by transforming the finance…” Read More >>
Val K – MD and Owner
“Since working with us Richard has developed our financial understanding of the business to a completely new level. Through simple analysis and …” Read More >>
John L – Director and majority shareholder
“Our Virtual Finance Director Barry came on board last year to help me with the financial aspects of running my business. During some difficult personal…” Read More >>
Ian H – owner manager
“Peter is a first rate virtual finance director with excellent people skill and an ability to quickly see what is and isn,t working within the finance function and…” Read More >>
Steve Z – MD
Our service business employs c 2,500 people with a turnover of approximately £5Om pa. Our experienced Virtual Finance Director, Peter was brought into the business on a part time basis to replace the previous accountant. Read More >>
An environmental consultancy with a turnover of circa £1 million with 25 staff. The directors of the company were keen to continue to develop and grow the company but felt they needed advice on certain areas of finance and strategy, where they did not have sufficient experience or expertise. Read More >>
How can you protect your business from a Downturn?
With the CBI lowering its growth forecast for 2009 to just over 1%, and BDO Stoy Hayward forecasting Business Insolvencies rising by 18% next year… Read More >>
Why Transform your Finance Function?
vfdnet has progressed a long way since starting out in 2003 and it has been very revealing asking clients what they really value about what we do… Read More >>
Why measure performance?
How do you measure your business performance? Do you have finely tuned measures in place which tell you whether performance is on track? Or do you run your… Read More >>