Strategic financial thinking...
Most business decisions in today's ever more challenging and difficult business environment require a financial input if the positive consequences and potential profits are to be fully maximised. However, most small and midsized enterprises ("SME's") face the dilemma of whilst needing a senior financial team member on a regular basis, having neither the financial resource nor perhaps the volume of work to justify a full time finance director. However, Cambridge Financial Solutions ("CFS") can provide this financial expertise, experience and resource on regular basis, providing your business with the specialist skills it needs without the associated cost.
By regularly spending time with you, the management and the business, we develop an understanding of the business and its financial issues and proactively develop the business finance function to add value to the commercial operations. The CFS teams' commercial experience means that many issues faced by growing businesses can be avoided or mitigated before they become business threatening, meaning the management can concentrate on positively building the business.
Services
Strategic
By becoming your "quasi finance director", by being on your site regularly, by being part of the team, we can provide a sounding board to management. Sometimes it requires a different perspective to deal with a particular opportunity or challenge.
By understanding your business, we can also assist in clarifying the businesses strategic direction and ensuring this direction is maintained, both key steps in achieving your goals.
Operational
With the business environment ever more challenging there is the opportunity to use financial information more positively to develop the commercial operations of the business. The old adage is true, "if you can't measure, you can't manage", and CFS can help develop procedures to assist you in managing and growing your business.
Lack of budgeting and forecasting processes, ever increasing workloads for your finance team, managers presented with too much or too little financial information, typically too late to make a difference, are all examples of day to day operational challenges that can arise out of your finance resource. The CFS team have considerable experience in assessing management information and systems and ensuring this is timely, brief and conveys the key messages to enable the right decisions to be made at the right time.
