‼️ Poor financial procedures within your business are creating conflict that is destroying profitability.

For many business owners, the “art” of accountancy is a mystery. Their accountants are number crunchers obsessed with spreadsheets, double-entry bookkeeping, and accounting standards.

As long as statutory returns are made on time and management accounts are received, most business owners think the role of the finance function is achieved.

But if the finance function does not understand the business or is too remote from it, there can be hidden issues causing conflict within the business, negatively impacting profitability.

Inaccuracies, inconsistency of data entry, absence of controls, and lack of analysis and reconciliations lead to wasted resources firefighting issues and correcting mistakes. Unnoticed, these issues can have a severe impact on a business.‼️

❎ Do not put your finance function into a silo.
❎ Do not underestimate the importance of financial controls.
❎ Do not ignore concerns from your finance function.

✨ G R E D D F’s Finance Optimisation Solution puts Financial Management at the forefront of your finance function’s activities, so that they actively benefit the business processes.

Ensuring processes are automated, increasing efficiency, and boosting your business’s potential.

1️⃣ Introduce education of business processes for the finance function.
2️⃣ Ensure there is an appreciation for the finance function throughout the business.
3️⃣ Tight controls on financial transactions, from data input to reconciliations, are in place and being followed.
4️⃣ Precise analysis is produced and reviewed to identify issues before they become a problem.

With the finance function working collectively with the business, Financial Management will transform your business’s potential.

✅ Ensures the finance function has the capacity for Financial Management.
✅ Accurate, reliable, and timely reporting.
✅ Financial integrity and governance as an integral part of the business.
✅ Blueprint future mode of operation for Financial Management.

G R E D D F has the solution

Contact us now to book a free 30 minute discovery call
www.greddf.co.uk
EMAIL info@greddf.co.uk TELEPHONE +44 7 4444 89289

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Reference: 2024-0100-007