External CFO
The effectiveness of a small and medium-sized enterprise depends to a very large extent on the contribution of the Financial Directorate to the organizational, financial and investment strategy. The external Financial Director actively participates in the formation and implementation of the company's strategy and this automatically makes him a valuable partner.
The innovative service of the External Financial Directorate is offered by agreement to small and medium-sized enterprises, which do not have their own Financial Director or do not want to undertake the significant permanent costs of such a director. In this direction, they want to achieve the lowest possible cost with the best possible services.
The External Financial Director is the scientist and at the same time the expert called for his professional, empirical and technical advice. An External CFO is above all an experienced person who has extensive training and knowledge in a specific field.
The external CFO is part of a continuous problem-solving process, with a very high level of individual skills, such as his ability to communicate well in writing and verbally, to make quick and correct decisions, to work with personal motivation and above all to be observant.
The External Financial Management service includes:
- strategic planning and the creation of corporate economic policy and business plans
- specialized written reports with specific suggestions for business improvement
- analysis, control and monitoring of cash flows and working capital
- financial analysis using and interpreting appropriate ratios
- analysis of deviations from objectives and coordination towards a common goal
- the financial evaluation of different corporate alternative plans
- cost analysis as well as opportunity and threat analysis
- monitoring the implementation of economic policy