Virtual CFO, Monthly Reporting & KPI's

Expert Guidance and Support

A clear and accurate picture of your financial performance is fundamental to the success of your business, but hiring a full-time CFO can be costly and time-consuming. Our vCFO service is a turnkey solution putting access to a team of experienced financial professionals in the palm of your hand.

You choose the level and frequency of service that suits you best, from monthly to quarterly to ad-hoc. We produce high-quality reports that show you how your business is doing in terms of revenue, expenses, profitability, cash flow, KPIs, and more. We also provide analysis and recommendations to help you improve your results. Our vCFO service is more than just numbers, it's a partnership that helps you grow your business.

"...people, attitude & skills... proactive modern thoughts."
Halcyon Lighting Limited

Download our financial ratio cheat sheet.

These are some of our favorite metrics. If you're in business these are the ones you need to know, understand, and analyse to keep your business humming.

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Measure What Matters to Improve Your Results

Your virtual CFO will help you define smart KPI's and then measure them to drive your overall business performance. These Smart Performance Indicators (KPI's) facilitate:

- Performance Measurement: KPIs allow businesses to measure their performance accurately and objectively. By setting specific KPI targets and regularly tracking and analysing the relevant data, businesses can assess how well they are performing against their goals, objectives, or benchmarks. KPIs provide a clear understanding of the company's current state and progress over time.
- Goal Alignment: KPIs help align the efforts of individuals, teams, and departments with the overall strategic goals of the business. When KPIs are set at various levels within the organization, they ensure that everyone is working toward shared objectives. This promotes consistency, coordination, and focus across the company, enhancing the likelihood of achieving desired outcomes.
- Better Quality Decision Making: KPIs provide valuable data that supports data-driven decision-making. By analyzing KPIs, businesses can identify trends, patterns, and areas of improvement. KPIs act as objective indicators of performance, enabling informed decision-making based on real-time or historical data rather than subjective judgments or guesswork.
- Performance Monitoring and Evaluation: KPIs enable ongoing monitoring and evaluation of the business's performance. By regularly tracking and reviewing KPIs, businesses can identify areas of strength and weakness, measure progress over time, and take proactive steps to address performance gaps or make necessary adjustments. KPIs facilitate continuous improvement and allow businesses to identify early warning signs or deviations from desired outcomes.
- Accountability and Transparency: KPIs help establish accountability within the organisation. When individuals or teams are assigned specific KPIs, they have clear targets to work towards and can be held accountable for their performance. KPIs foster a culture of transparency, as they provide visibility into performance metrics and allow stakeholders to assess the business's progress objectively.
- Communication and Alignment with Stakeholders: KPIs serve as a common language for communicating performance both internally and externally. They enable businesses to communicate their achievements, progress, and challenges to stakeholders such as investors, shareholders, customers, and employees. KPIs provide a standardized way to convey the business's value proposition, competitive positioning, and financial health.
- Meaningful, Fair, Performance Incentives and Rewards: KPIs can be tied to performance incentives and rewards programs. By aligning compensation or recognition with KPI achievements, businesses can motivate and incentivize employees to strive for excellence and contribute to the business's success.

How We Can Help

Financial Strategy & Planning

Your Bellingham Wallace vCFO will assist you to develop and refine the company's financial strategy. They will provide insights on financial goals, budgeting, forecasting, and financial planning to drive growth, profitability, and sustainability. Just like a CFO a VCFO will engage with management and prepare annual budgets including financial and non-financial KPIs.

Monthly Financial Reporting & Analysis

Your vCFO will assist with month-end, creating and analysing financial reports, including your P&L, balance sheet, and cash flow statement. They provide meaningful insights into financial performance, trends, and key metrics, enabling informed decision-making by the management team.

Cash Flow Management

Managing cash flow is crucial for any business large or small. Your vCFO will play a vital role in cash flow management, assessing cash flow needs, developing cash flow projections, and implementing strategies to optimize working capital, manage expenses, and ensure adequate liquidity.

Financial Operations & Systems

Your vCFO will assess and enhances financial operations and systems within the business. They will streamline financial processes, implement effective financial controls, and leverage technology solutions to improve efficiency and accuracy. Your vCFO will ensure your company’s financial systems are both efficient and effective, providing guidance on system integration to ensure you have the most appropriate systems for your operation.

Financing & Fundraising

If the business requires financing or fundraising, your vCFO will assist by developing financing strategies, preparing financial models, and presenting financial information to potential investors or banks. They will help you evaluate funding options, negotiate terms, and support the capital-raising process.

Risk Management & Compliance

Your vCFO will help you identify and mitigate financial risks and ensures compliance with relevant regulations and reporting requirements. They will establish internal controls, assess risks, and provide recommendations to strengthen the business's financial governance. Commonly this includes assistance in creating internal policies for treasury, fixed assets, and cash reserves. Your vCFO will also provide oversight of your internal finance function to mitigate the possibility of risk of fraud and theft.

Strategic Decision Support

Your VCFO will act a trusted advisor to the Board and management team, providing financial insights and analysis to support strategic decision-making. They will evaluate investment opportunities, conduct financial due diligence for acquisitions or partnerships, and assess the financial implications of various business initiatives.

Board & Investor Relations

Your vCFO will assist in preparing financial presentations and reports for the board of directors and investors. They will provide financial expertise during board meetings, help communicate financial performance, and address investor inquiries or concerns.

Access to Specialists

Your VCFO will provide access to subject matter specialists with a wide range of skills including valuation, tax and bank/non-bank debt, treasury policy and strategy for forward cover as well as capital raising.