When many companies start up or expand, management often ignore the finance function of the company, as they feel there are other areas within the company which need to be acted on as a priority. As a result of this, companies can spend a lot of money, time and effort trying to rectify the finance function of their company retrospectively if the correct systems have not been put in place.
The aim of Forecast Flow is to try to ensure this does not happen, therefore:
- If you dislike completing or find you are spending too much time on financial tasks,
- You do not understand or are not obtaining the financial reports you need to run your company,
- You want to grow your company and your current accounting system does not meet your needs.
Forecast Flow helps companies improve their reporting, systems and controls and covers all the tasks which need to be completed within a company finance department; including preparing/providing help with business plans, budgeting, forecasting, management accounts, weekly cash flow forecasting, payroll, VAT and implementing accounting systems (both in the cloud and at clients’ premises).
Forecast Flow does this by performing the role of a part time Finance Manager, providing management with the financial information they need each month to run their company. As a result of working closely with management Forecast Flow gains a good understanding of the business (from both a financial and commercial view point) and therefore Forecast Flow can ensure manage have the financial reports, systems and controls which are suitable for their business and their future requirements.
For more information please visit our website www.forecastflow.co.uk.
Lynn Munday is a member of the Institute of Chartered Accountants in England and Wales and a member of the ICAEW Business Advice Service. She has worked in industry for a variety of companies including start ups in the Cambridge area.