Monthly Financial Meetings: Why Do They Matter?

Monthly Financial Meetings

Would you zoom through a roadtrip without stopping to take a breather and make sure you aren’t straying off course? Of course not! 

Chances are, your pit stops include glancing at your GPS, analyzing your progress, and maybe even checking your vehicle to make sure everything is still functioning. You might notice your tank is almost empty and add some more fuel, or maybe reevaluate your route to see if there is a more strategic way to get to your destination.

So when it comes to your business – and more specifically, your financials – why do you continue speeding through, without taking the necessary time to ensure that your team is still effective and on track?

Here at Blueprint CFO, we believe that monthly financial meetings are a key element to the success of a company’s Profitability Roadmap process. Here’s why.

Monthly financial meetings ensure accounting accuracy.

Just as you wouldn’t want to embark on a major trip without checking your GPS to make sure you didn’t enter in the wrong location, establishing regular checkpoints to ensure accounting accuracy is critical to your company’s profitability.

Monthly financial meetings are a useful time to sit down with your financial team and address any outlying data points that need to be checked for accuracy. In addition to checking the legitimacy of everything that is on the table, monthly financial meetings are also a great time to make sure there isn’t any financial information being left off the table altogether. 

By establishing a regular touchpoint to review and refine your accounting team’s work, you can have peace of mind as a leader, knowing that your strategy is based on comprehensive, accurate, timely data that truly reflects where your business stands.

Monthly financial meetings hold the accounting team accountable.

Not only do monthly financial meetings encourage you as a leader to sit down and touch base on the data that drives your business, it also encourages your accounting team to return to their core responsibility: maintaining accountability throughout your business.  

Afterall, as we’ve shared in the past, there is no accountability without great accounting. Beyond establishing accountability in the form of accuracy, monthly financial meetings also drive your accounting team to start thinking strategically. 

As your accounting team collects and reviews your company’s data, they can bring a new perspective to the table by going beyond the reporting stage, analyzing trends, and identifying areas of improvement that might be overseen at the executive level. 

By calling on your accounting team to bring any relevant notes, insights and observations to the table at your monthly financial meetings, you will develop an organizational culture that truly prioritizes great accounting – not just great financial reporting.

Monthly financial meetings connect your team to your overarching vision and Profitability Roadmap.

By bringing accounting & finance stakeholders together across all levels of your organization through your monthly financial meetings, you have an opportunity as a leader to help your team members feel more connected to your company’s strategic vision. 

By developing touchpoints for two-way communication and collaboration, your accounting team will understand that they are so much more than the “number crunchers. Rather, they will understand how their work helps move the needle forward, and how their role connects to the business’s strategic Profitability Roadmap, and overall growth.

Monthly financial meetings are a cornerstone of our work with clients here at Blueprint CFO. If you are interested in learning more about our signature Profitability Roadmap process and fractional CFO services, reach out today!

Valuation Planning

Blueprint CFO will work with executive leadership to determine shareholder value, and run various models to determine estimated company valuation. Together, we will determine milestone objectives to increase shareholder value and track company performance in relation to these targets. We will review your company’s organic and acquisition growth options to create shareholder value, and emphasize tax planning to optimize shareholder value upon a sale or purchase. We can also focus on Initial Public Offering (IPO) Planning and Readiness.

Analytics & Business Intelligence

We believe that being data-driven is key to profitability. As such, we can help you create meaningful dashboards and scorecards for your business, analyzing performance against key performance indicators and other factors. Our profitability reporting and analysis tools will help drive business decision-making and provide insights into trends, predictions, results, and potential strategic direction moving forward.

Goal Setting & Tracking

Our team can partner with company leadership to establish goals and objectives for the company, for both the short and long term. Additionally, we will help leaders develop meaningful Key Performance Indicators (KPIs) to track and measure results.

Insurance & Tax Planning

Blueprint CFO can work with businesses to review insurance needs and requirements, as well as plan for taxes and R&D credits.

Human Resources

We can assist your HR department with employee benefits planning, and can also perform compensation studies to ensure best practices are implemented across the business.

Accounting & Finance Support

Whether you have an internal team in place or need more hands-on assistance, Blueprint CFO can oversee and advise your accounting and finance department. From preparing general ledger transaction entries to completing month-end closes, forecasting to crafting financial statements, developing customized reporting packages to implementing more effective software, Blueprint CFO can bring you everything from a supportive junior or senior accounting team, all the way to high-level strategic CFO consulting.

Mergers & Acquisitions

Blueprint CFO can partner with company leadership to improve strategic business plans and assist with the development of organizational growth strategy. We can also create financial reporting packages and proformas for capital raises, investments, acquisitions and/or banking requirements, and provide due diligence on company-focused deals.

Financial Planning

We can prepare, create and/or review financial statements. This includes providing trend analysis, developing cash flow projections, and tracking operational and financial performance, with insight into budget and forecast variances.

Banking Services

Our team can help your company to establish high-level banking relationships, and offer expert advice and support when it comes to sourcing bank loans, etc. Additionally, we can review and determine the optimal capital structure for refinancing or a liquidity event.


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