Are you spending too much of your valuable management time trying to setup accounting procedures, operating programs, meeting with bankers or evaluating existing procedures?
CFO-Works can help.

QUESTIONS?

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info@cfo-works.com
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about CFO services.


5 things you'll get
from CFO-Works

1. Confidence that your financial and operations information is reliable and possesses integrity
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2. Expert financial analysis and feedback in a timely manner
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3. Advice on whether operations are performed efficiently and achieve effective results
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4. Solid financial relationships with bankers and other vital third parties
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5. Reassurance that company decisions and actions comply with laws, government regulations and business contracts
With CFO-Works, you pay only for the service you need, when you need it.

There's no need to have the expense of a full-time executive CFO.

CFO-Works enables you to benefit from the expertise of an experienced CFO when you need it most. We can assist you with a one-time specific need, or perform recurring monthly duties - whatever your business needs.

This is the perfect arrangement for a growing business to avoid the full-time expense of a CFO, yet still get the financial expertise and advice that management needs to make decisions and operate efficiently.

Here is how a CFO can help you run your business more profitably with less frustration.
  • FINANCIAL MANAGEMENT: YOU CAN MAXIMIZE YOUR CASH FLOW AND PROFIT BY APPLYING SOLID FINANCIAL MANAGEMENT PRACTICES.

    It's important for your company to have a knowledge of finance and to know how to apply it successfully in any aspect of corporate functioning. You should know where to look, what to ask, and where to get the answers to questions on your company operations. Financial knowledge aids in planning, problem solving, and decision making. Further, you must have financial and accounting knowledge in order to be able to understand the financial reports prepared for you.

Financial Management – Available services
  • Cash flow management: Improve your ability to meet debt payments and other cash requirements on time.

  • Receivable management: Decrease the amount of time you money is not available for your use.

  • Payable management: Increase both your positive cash flow and net income.

  • Inventory management: The more you turn your inventory over, the more profit you make.

  • Inventory replenishment controls: Purchase the correct amount of inventory at the correct time to reduce your inventory investment but have needed stock on hand.

  • Management training: Know how to read your financial statements in order to make financially sound decisions.

  • Financial statement analysis: Knowing your financial ratios tell you how you measure up to other companies in your industry, so you can become more competitive. Financial ratios are also used by many banks to determine your level of risk.

  • Capital budgeting: Financial tools that will help you decide between two or more new projects.

  • Operating budgeting: Control your expenses and increase your net income by following a detailed operating budget.

  • Management information development: Let your computer system give you up-to-the-minute key data.
  • YOUR INTERNAL ACCOUNTING SYSTEM SHOULD PROVIDE ACCURATE INFORMATION THAT IS COMPLETELY RELIABLE.

    You may have a great accounting program, but the data the system provides may lack integrity. An experienced person needs to evaluate the transaction process, read general ledger, perform reconciliations of the general ledger accounts, make the adjustments that all systems require, and correctly interpret the financial reports.

    CFO-Works can ensure that your accounting system maintains financial integrity so you can make well-informed decisions, obtain vital financing and vendor credit, and assure customers of your longevity.
Internal Accounting System - Available services:

  • Accounting/Operating system setup, monitoring and corrections

  • Month-end closing

  • General ledger account analysis

  • General ledger adjustments

  • Generate internal financial statement

  • Setup and maintain fixed asset schedules
  • INTERNAL CONTROL SYSTEMS PROTECT, DETECT AND DIRECT PROCEDURES.

    A strong internal control system will help achieve your company's objectives by protecting your assets, detecting errors and fraud, and providing directions to ensure your employees follow your procedures.

    Internal Control System - Available services:

  • Internal control systems design

  • Internal control system evaluation

  • Pre-audit testing of existing control system

  • OPERATIONS MANAGEMENT: HOW TO IMPROVE YOUR COMPANY'S EFFICIENCY.

    Increase your company's efficiency by eliminating unnecessary or redundant procedures and improve the flow between departments.

    Operations Management - Available services:

  • Flow chart existing operations

  • Eliminate redundant and unnecessary procedures

  • Develop written operating procedures

  • Evaluate and improve existing operating procedures

  • Develop job descriptions

  • Training for office employees

  • GOVERNMENT COMPLIANCE: A MAZE YOU MUST FIND YOUR WAY THROUGH.

    Regulations, licenses, and reporting to various levels of government are often required. CFO-Works can help.

    Government Compliance - Available services

  • Regulatory registration, licenses, and other compliance

  • Payroll withholding tax registration and compliance

  • Sales tax registration and compliance

  • Fuel tax registration and compliance

  • Employee training on compliance and record keeping

  • Represent your business with government auditors

  • Prepare correspondence to government offices when needed

  • EXTERNAL RELATIONS: DEALING WITH THIRD PARTIES WHO ARE CRITICAL TO YOUR BUSINESS.

    Let someone with hands-on experience be a part of your business and meet with the bankers, auditors, attorneys, and government agents on your behalf.

    External Relations - Available services:

  • Pre-audit organization and preparation

  • Loan packages

  • Asset based loan reporting and management

  • Banking relationships

  • Represent you with your CPA firm, auditors, banker, attorney insurance agent, broker, government offices or others

  • DUE DILIGENCE SERVICES ARE CRITICAL TO BUYING OR SELLING A BUSINESS.

    A due diligence review will ensure that you know what you're buying before you buy it. Or, you can prepare your business for a due diligence review from a potential buyer.

    Due Diligence - Available services:

  • Buying - Due diligence review on a potential business acquisition

  • Selling - Prepare your business for a due diligence review and represent you during the review process.



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