CFO SERVICES FOR COMPANIES
Every company/enterprise experiences different stages in its business life, from the initial phase of the idea, raising money, developing and beginning sales, fast-growing, continuing in the growth stage where sales growth and more customers join, to stagnation in sales and sometimes even decline in sales and financial parameters.
Each of the companies and in each stage, need a CFO for financial improvement.
The CFO is responsible for the day-to-day financial management with a business focus and the company's strategic processes, whose role is to ensure growth. RVR GROUP provides CFO services as the CEO's right-hand financial assistant and reflects him in every action/decision the profitability, the focus, the possibilities, and the limitations
RVR GROUP provides CFO services that focus the organization on achieving its long-term goals while doing daily routine work—receiving services of an economic department tailored to the dimensions of your business and according to its needs for a financial-business focus. Each company needs varying scopes of service. The advantage of working with RVR GROUP is receiving CFO services tailored to the company's dimensions – FULL-TIME ATTENTION, PART-TIME COST.
Ongoing financial management of the company to achieve short-term and long-term goals
✔ We will map the company's needs
✔ We will formulate short-term solutions
✔ We will formulate a long-term action plan based on an analysis of commercial and business processes
✔ A dashboard will be built that will give an immediate picture of the situation and progress
Budget and Control
Building an annual budget with the help of RVR GROUP allows the organization to plan the business results and maximize its profits. With the use of the budget, we understand what the organization's capabilities are, what are the limitations it faces, understand what the risks are that the organization faces, and manage them; in addition, it allows us to understand what are the power centers that enable growth
✔ RVR GROUP will map the organization's resources and needs and build a budget for the coming year.
✔ From the budget, we will build the sales and profit forecast, cash flow, and working capital needs
✔ We will Build a control plan to ensure reaching the goal through a goal plan and measurement
✔ We will formulate a long-term action plan (multiannual budget)
✔ A dashboard will be built that will give an immediate picture of the situation and progress
Business Plan
Building a multi-year business plan allows the organization to plan the medium and long term in the company. With the help of the business plan, we understand what the organization's capabilities are, what the sources are that the company controls, what are the limitations it faces, and what the risks are that the organization faces and manage them. In addition, it allows us to understand the power centers that enable growth.
✔ We will map the company's sources
✔ We will build goals for the short, medium, and long term
✔ We will examine what the forces that enable the achievement of the goals are and what are the hindering forces
Cash flow and working capital
Current and continuous management of cash flow and working capital needs helps the organization to understand what the immediate current capital needs are, what the sources are, and whether a change is required on the expense or income side and enables the maximization of resources and investments
✔ We will map the working capital needs, the cash flow, and the required financing
✔ We will formulate short-term solutions
✔ We will formulate a long-term action plan based on an analysis of commercial and business processes
✔ A dashboard will be built that will give an immediate picture of the status and progress
Costing System
An efficient costing system will provide current and accurate information on the profitability of each company's product to its customers.
✔ We will map the resources and needs of the organization, and accordingly, we will deduct the costs by a unit of measure (project, working hour, machine hour).
✔ We will build an action plan for efficiency and increasing profitability.
✔ We will build a monthly control plan to ensure arrival at the destination.
✔ A designed dashboard will give an immediate picture of the situation and progress.
Suppliers
The suppliers are our partners and part of our growth engines. The selection, operation, and payment processes must be efficient and optimal.
✔ Mapping supplier processes starting from the contract phase to the invoice payment phase.
✔ Building a systematic process that verifies competitive prices and building processes that position the company as efficient and reliable.
Customers
"The customer is the most important guest in our company. He does not depend on us. We depend on him. He does not interfere with our work. He is the goal of our work. He is not outside our business. He is part of it. We are not doing him a favor when we give him a service. He is the one who allows us to do so." Mahatma Gandhi
✔ Mapping response processes and providing competitive and winning bids
✔ Construction of work processes and customer billing until confirmation of receipt of payment
Customers Price Proposals
✔ Construction of financial models for price proposals
✔ Formulation of a comprehensive response to price offers that enables a response to the customer and security in the proposed conditions
Salary and benefits plan for employees
The employees in the organization are the company's primary stakeholders and the engine of its success.
✔ Building compensation systems for employees
✔ Option distribution mechanism
Forming efficiency and savings moves
Sales are not growing, and profitability is not according to expectations. It's time for a recovery plan!
✔ We will carry out a comprehensive mapping for the company: business results, operations, resources, growth engines, and work assumptions.
✔ We will check the company's strengths and build a plan to strengthen them.
✔ We will build an action plan for efficiency and increasing profitability.
✔ We will build a monthly control plan to ensure arrival at the destination.
✔ A dashboard will be built that will give an immediate picture of the situation and progress
Computer Systems
✔ Mapping business processes for examination, recommendations, and implementation of computerized systems, including adaptation and Development to optimize and maximize profits