Why you need a Financial Controller?
So why do you need a Financial Controller? Is this even a question we should be asking in this day and age?
Traditionally an FC would report on the historical results of a business and control finance, however with the speed at which business and technology is ever changing that role is all but redundant in today’s businesses.
Automating systems, creating data accuracy and providing real-time information for immediate decision making is just part of the job for an FC; managing everything from the bottom is absolutely essential, but the services don’t stop at management accounts, like it once used to.
With detailed scenario planning and cashflow predictions bespoke for your business, combined with market insight you have the confidence to make decisions. Many companies believe they only require these services once they get to a certain size and often rely on external accountants to that point.
We disagree, working with businesses with as little as £500k turnover, and for often less than your annual compliance fees. Not every FC is the same, those from FTSE 100 businesses will often not suit the requirements of an SME nor the immediate nature of requirements.
At Control Room Finance our outsourced financial controllers are all specialists in SMEs and consistently drive to support owners and businesses through the ever changing landscape of competitors, legal issues and technology.
Integrity is at the heart of our business and if you need advice for M&A’s, fund-raising or rapid international expansion then an FD or CFO with demonstrable experience is right for you. Anything up to that and it’s an FC to guide you until the point you’re ready.
The old model of financial support has never catered for the option of having an FC to help drive your business on as little as 1 day per month, but much like the SaaS services you are subscribing to for your business needs, CRF delivers FCs on the same terms with no long-term commitment.
We are redefining the FC role every day; researching new solutions for new clients and giving those business owners more valuable time back to run the business and spend with their families.
I don’t think it’s a question of why you would need an FC, it’s a question of why you would not want one if you could afford one?
