Healthcheck of your finances and processes

As a business owner, you understand the importance of maintaining a healthy bottom line. However, it can be challenging to know where to begin when it comes to optimizing your financial performance. That’s where our finance healthcheck services come in. Our team of experienced financial experts will conduct a thorough assessment of your financial processes and procedures to identify inefficiencies, bottlenecks, and areas for improvement. We’ll work closely with you to develop tailored solutions to address these issues, streamline your financial operations, and help you achieve your business goals.

EXAMPLES OF SIMPLE IMPROVEMENTS, WHICH IMPACTED OUR CLINETS:

Introduction of bank rules, repeating bills and recurring payments in Xero results in 50% reduction on time spent on bank reconciliations

Use of free document processing apps like HubDoc reduced book-keeping costs and daily processing time

Use of tracking categories in Xero to track costs against projects helped client to assess losses made on jobs budgeted too low

Implementation of automatic overdue invoices reminders helped to reduce bad debt risk

Using Xero as a CRM system to track customer activities and correspondence saved money on introducing expensive CRM system

Implementation of cashflow app helped to plan better for different hiring scenarios and preserve cash when needed

Good use of reports in Xero allowed a client to report to investors at anytime