Here is a comprehensive explanation of why data analytics should be an important part of your finance department, according to Kevin Bihan-Poudec, Blueprint CFO’s Director of Data Analytics.
Setting and achieving financial growth goals is essential for any business that wants to chart a path to long-term success. But without a clear plan, companies can quickly find themselves facing financial issues and struggling to make ends meet. As a leader, how do you actually work towards these goals, and go about bringing your vision to fruition?
As such a vital branch of a business, a company’s finance and accounting department must have the right key players in order to be most effective. In this article, we will highlight the team members who matter most to your company’s finance and accounting department, as well as share insights on the role of each.
By taking steps to eliminate chaos and staying future focused, you can ensure that your business stays ahead of the competition, remains resilient, and ultimately achieves profitability.
Improving your company’s FP&A is a critical part of staying competitive, and by taking a proactive approach, you can improve your bottom line and increase your profitability.
Startups are built to scale, and often at a rapid pace. Here are a few key insights about the unique role of the startup CFO.
Using the Cash Conversion Cycle, a company can use the data to identify just how quickly its assets can be transformed into cash.
If you want to succeed tomorrow, you must consistently look to tomorrow. For this reason, financial forecasting is a key component of your company’s growth strategy.
With a future focused approach, accounting can do so much more than simply recap what happened yesterday.
With a future focused approach, accounting can do so much more than simply recap what happened yesterday.
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.
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.
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.
Blueprint CFO can work with businesses to review insurance needs and requirements, as well as plan for taxes and R&D credits.
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.
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.
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.
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.
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.
