“Not every business can afford a CFO, but every business needs financial management.”
Our expert team can be your CFO, ready to extract the numbers you need to make better business decisions, based on information that matters.
Why 4Front?
From transactional data entry to high level financial oversight, we partner with you to take care of the financial management of your business.
This means you have peace of mind that your financials are accurate and you know where the business is going. You can then create time to focus on driving the business forward.
What we do:
- Customised management reporting including dashboard reporting
- Budget and cashflow forecasting and monitoring
- Systems and process reviews including automation
- Training workshops and software troubleshooting
Our Experience: Timely vs Accurate Reports
Which is more important for a business to have – timely reports or accurate reports?
Of course, the answer is both.
A new client came to us frustrated that they could never produce timely management reports – they were always about 18months old. As a business owner, this is very scary and as a director you have statutory responsibilities to understand the true financial position of the business at all times.
We reviewed their systems and processes (including existing add-on solutions) asking the question – What value does this process add? We concluded there were numerous procedures that were effectively duplicating and complicating processes with little or no value add to the end result.
We made process and system recommendations which were implemented. Fast forward a few months and the client now has and will continue to have access to timely and accurate reports. They feel in control of their business again.
We now meet quarterly with this client within 1-2 weeks after the end of month and this provides a valuable opportunity for the business owners to reflect on the quarter that was, and focus attention on the targets to achieve in next quarter.
