Every executive is knowledgeable about how his or her company works. You intimately know the workflow that gets orders into the company, and product going out to the customer. But as your little company grew, you became divorced from the day to day operations. As you got separated from the clerk processing the order and the dock worker shipping the order by one or two layers of management, you no longer saw how smoothly (or how inefficiently) your once small, clean operation did what it needed to do. You have more strategic matters to address.
It’s easy to say “I have skilled managers who watch out for hiccups in our operation,” but do you really know how those hiccups are affecting your bottom line? A skilled CFO can take your financial statements and slice and dice the numbers, dig down into the details, separate a momentary variance from those things that are a continual drag on your operation’s profitability. It’s all there in the financials. You just need someone with the skill and experience to identify it.
You can walk the production floor, and look for elements that aren’t going right, but do you understand the financial impact of the flaws and missteps that you are seeing? Continuous Improvement is not just a hot button, it is the key to improving your operations and your bottom line. It’s important to focus in on those items that have the greatest impact first. But how do you know what items should be tackled first?
The skilled executives at CFO Simplified are ready to show you where your business can be tightened up so that more of your hard earned money drops right to the bottom line, so that you get every dollar from your company that you deserve.