Chief Financial Officer
The most frequent reasons for business failures are:
Poor management of:
- Cash flow
- Inventory
- Fixed assets
- Inadequate allocation of credit terms with customers and suppliers
Smaller business cannot utilize and afford a full time in house CFO. Outsourcing the CFO function is ideally suited to businesses of up to €80 – €100m revenues. HBPO CFO outsourcing provides a cost effective solution on an interim or long term basis.
HBPO CFO outsourcing service includes:
- Management of Company/Group finance operations
- Design of initial group structures
- Establishment of finance foundations
- BOD and Investor reporting
- Financial reporting, financial planning & analysis
- Managing banking relationships, businesses loans and other funding
- Liaison to legal counsel, auditors and tax accountants
- Risk management oversight
- HR and payroll oversight
- Process optimizations
- Implementing effective and robust policies and monitoring compliance