Services
Financial support that grows with the complexity of your business.
Not every business needs a CFO. And not every financial problem can be solved with bookkeeping alone.
FinSystems provides different levels of financial support depending on where your business is today — from getting the books under control to building financial systems and providing ongoing management support.
The goal is not to sell you more finance than you need. It is to make sure you have the right financial information, processes and support for the decisions you are making.
Bookkeeping & Financial Cleanup
Reliable financial information starts with reliable books.
We help organize and clean up accounting records, reconcile accounts and maintain accurate books so you can trust the numbers you are working with.
Outcome
A financial foundation you can trust.
What it may include
- Bookkeeping cleanup and catch-up
- Bank and credit-card reconciliations
- Review of accounting records
- Chart of accounts review
- Accounts receivable and accounts payable organization
- Transaction classification
- Month-end processes
- Coordination with outside tax professionals where needed
This may be right for you if
- bookkeeping is behind or has changed hands several times;
- balances do not reconcile;
- you are not confident the financial statements are accurate;
- the books were designed primarily for tax filing rather than business management;
- you need reliable financial information before moving to better reporting or forecasting.
Financial Systems Setup
Build practical processes and tools around cash flow, reporting, receivables, payables, budgeting and financial controls.
The goal is not to add complexity. It is to create better visibility and fewer financial surprises.
Outcome
A practical financial system designed around how your business actually operates.
What it may include
- Cash-flow forecasting
- 13-week cash-flow models
- Management reporting
- Budgeting and forecasting
- AR and collections processes
- AP and payment planning
- Profitability reporting
- Financial calendars
- Month-end close processes
- Financial controls
- Dashboards
- Documented recurring finance processes
This may be right for you if
- bookkeeping is reasonably accurate, but you still lack financial visibility;
- you rely heavily on the bank balance when making decisions;
- cash-flow surprises are common;
- financial information lives across several spreadsheets or systems;
- no one has clearly defined the company’s financial processes;
- you cannot easily see profitability by customer, project, service or product;
- your business has become more complicated faster than its finance function.
Monthly Financial Management
Ongoing financial review focused on cash flow, profitability, working capital, business performance and important financial decisions.
For businesses that need regular financial oversight without building a full internal finance department.
Outcome
Better financial visibility, fewer surprises and a clearer basis for business decisions.
What it may include
- Cash position
- Short-term cash requirements
- Cash-flow forecasting
- Working capital
- AR
- Inventory
- Revenue and margins
- Profitability
- Budget versus actual
- Financial trends
- Upcoming decisions
- Risks and priorities
This may be right for you if
- financial decisions are becoming more frequent;
- cash flow requires active management;
- you have several employees, contractors, locations, projects or revenue streams;
- customers pay significantly later than you pay your own expenses;
- inventory absorbs meaningful amounts of cash;
- margins differ across customers, products or projects;
- you are growing but do not yet need a full-time controller or finance manager.
Business Financial Readiness
Organize and strengthen financial information before financing, expansion, due diligence or an eventual business sale.
Outcome
Financial information that is easier to understand, explain and defend when the stakes are higher.
What it may include
- Financial cleanup
- Normalization
- Owner-related and one-time expenses
- Profitability analysis
- Working-capital analysis
- Forecasts
- Management reporting
- Financial trends
- Documentation review
- Identification of financial information gaps
- Coordination with accountants, lawyers and other advisors
This may be right for you if
- you expect to seek financing;
- the company is preparing for significant growth;
- a new partner or investor may enter the business;
- you are beginning to think about selling the company;
- a buyer, lender or advisor is likely to scrutinize the financial information;
- the books may be technically complete but are not presentation-ready.
Not sure which service you need?
Business owners usually come to us with a problem, not the name of a financial service.