cfo packages
Understanding finance is a crucial element of success, and has a significant impact on the operations and overall strategy of your business. Entrepreneurs and business owners are typically industry or functional experts, and lack strong knowledge in finance and often discount its affect on their business. tandem has created an array customizable CFO packages that include a wide range of initiatives vital to the health of the business. They revolve around strategy, finance and operations and are specifically aimed at businesses in a critical stage of development. Whether you are a startup, a growing business, or you are looking to turnaround or exit your business, we will be able to help. After initial assessment, the scope of the mandates will be agreed upon from the list of services below. tandem will then carry out the work through part-time presence in the client’s organization.corporate governance
- Cash Flow Forecasting and Management (credit control, inventory control, payables control, asset control)
- Overheads Management (budget control, HR & payroll)
- Fraud Prevention (authorization & approval processes, system controls)
- Regulatory Compliance (auditor management points, recommendations and control weaknesses)
- Treasury Management (excess cash, debt policies and bank facilities)
- Management Information Systems (implementation of management information systems in the business)
- Continuous Improvement Process (continuous improvement of all processes to keep up with growth and scale)
- Lean (maximizing efficiency and productivity)
financial planning & reporting
- Annual Budgets (design and sign-off of annual sales and profit & loss targets)
- Quarterly Revisions (tracking year-to-date & year-to-go budgets and targets)
- Monthly Monitoring and Reporting
- Reporting Package (key performance measures, balanced scorecard, dashboard)
- Financial Statement Preparation
- Letter of Credit (LC) and Bank Loan Documentation
strategy planning
- Project Planning (cost accounting, financial model, return on investment)
- Future Capital Expenditure Requirements (return on investment, payback period)
- Ownership Structure and Planned Changes (acquisition, exit, changes in equity)
- Changes in Product Line-up (investment/divestiture in product lines)
- Streamlining Operations
- Advisory Position (management team, board member)
- Enterprise Risk Management (financial risk, operational risk, strategic risk)
- Investor Relations