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Digital CFO

Digital CFO Services is the all star level of digital finance combined with strategic analysis. 

From day 1 of our collaboration you will stop spending time and energy on your company's financials. We will handle effectively all issues within the scope of financial management. 

From now on you may focus on what you know, what you love and what you want to: empowering your offerings to your customers, upgrading your business to the next level, gowing one step ahead of your competitors, growing your company's market share.

Tax compliance, Control & Daily Reports

From bookeeping to filing tax returns we will handle all issues. You know that all transactions are properly booked, reported and filed. You know that all tax filings are properly done and on time. Tax compliance has never been so easy before. 

We will assume total control for all areas within the scope of finance department. Building solid accounting rules and procedures and proceeding into transforming the finance function is only the first step. We assume control over all areas including inventory levels, receivables, level of cash, liabilities and payables. You will never have to worry about the finances of your company again. From this time on, you will worry about promoting and upgrading your offerings in gaining market share.

You will receive reports on company's performance on a daily basis. You will have a holistic in depth view of all company's aspects of operations on a daily basis. Detailed analysis delivered at your comfort via our tablet and online services. Wherever you are, whenever you prefer, you will have instant access to key information on your company's operations.

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Strategic Insights and Forecasting Key Investments

Providing Digital CFO Services has a major benefit for your company. We take care of all issues within the finance area, you focus on working on your company's offering and planning the next steps to move ahead of competition. On the same time we go through the long term business plan of the company and the industry. 

As we have an overall aspect of the industry, we are in position to provide strategic long term insights that will help your company go to the next level. Finance is a supporting function that interacts with all the other departments. This interaction creates a momentum that can proove to be vital for the development of the company. Combined with the overall aspect of the industry, the outcome is a roadmap to increasing the company's profitability.

Providing Digital CFO Services has a major benefit for your company. We take care of all issues within the finance area, you focus on working on your company's offering and planning the next steps to move ahead of competition. On the same time we go through the long term business plan of the company and the industry. 

As we have an overall aspect of the industry, we are in position to provide strategic long term insights that will help your company go to the next level. Finance is a supporting function that interacts with all the other departments. This interaction creates a momentum that can proove to be vital for the development of the company. Combined with the overall aspect of the industry, the outcome is a roadmap to increasing the company's profitability.

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Medium Term Planning

Is it possible to prepare a medium term plan, taking into consideration the industry and key competitors? It is quite challenging when the majority of your time is spent on daily routine issues. 

With our Digital CFO service you have the time to focus on the growth of your company's products and services. Furthermore, you have the opportunity to take advantage of our technical expertise and start building medium term forecasts for your business. 

These are most interesting and challenging discussions, as building a forward thinking mentality requires building the foundation of digital accounting, financial planning and analysis beforehand. Having conquered these steps we may work together in building a 3 to 5 year medium term forward thinking and planning. 

We will examine which core competences to build and grow, which will be the competitive points that we need to focus on in order to be leaders in our industy in the coming years. Furthermore, we will 

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Deliverables

Digital CFO provides assurance and overall control of the finance funtion of your company. What does this mean for you? What should you expect to receive?

  • Daily and Weekly Reports on key areas, both operational as well as financial. The reports are accompanied by notes and remarks so that you will have the information requested at the ease of the tablet we will provide you with.

  • Monthly Reports and Financial Statements, namely Profit and loss, balance sheet and cash flow statement. Analysis on key issues will be provided.

  • Once a year we will present the budget for the coming year. The budget will provide detailed analysis on the terms of margin, EBITDA, Net Profit, Net Working Capital. The proces of FKI also takes place during budget preparation.

  • Once every two years we build the medium term planning. We go through the analysis of the economy, the industry along with a detailed analysis of the competitors and their offerings. Product and technology developemnt in other countries is examined as well.

  • Weekly on site meetings where we discuss key developments. During these meetings both tactical and strategic issues and challenges are dscussed and confronted.

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