These services comprise of transforming the finance function to be able to produce accurate and relevant financial information (local/IFRS/US GAAP) in time, and which management can rely on to make business decisions.
The financial information would be expected to comprise of actual results, cash flows, forecasts, budgets, and key performance ratios and indicators, on at least a monthly basis.
Once a system of financial information has been implemented, ongoing services will include supporting the CEO and other management with analyses and interpretation of the financial figures to identify areas where profitability can be maximised – this might be identifying unprofitable clients, savings in overheads, contract negotiation, and legally minimising taxes.