Tuesday, April 21, 2009

Financial Management Tools

The Strategic CFO has recently made available a core set of financial management tools which it has developed over its twenty years' of experience providing financial leadership to entrepreneurs and middle market companies.

These CFO tools have been proven to improve profits and cash flow for clients in a wide array of situations and industries. The financial tools come with an instructional video, written outline, templates, and sample financial analysis in order to properly train users in the art of providing financial management services.

The Action Plan program includes an action plan template and sample action plans. Action planning is one of the most important activities for a CFO or controller to do to get the right things done on time. An Action plan is a to do list for business. An action plan for business is often misunderstood and certainly not often implemented, despite its proven benefits.

The Daily Cash Report provides a CFO or controller with the ability to monitor a company's daily cash flow, as well as to estimate a company's weekly cash flow. In addition, it allows for a daily bank reconciliation using the best reconciliation techniques. Routine use of a cash projection is imperative.

Flash Reports enable users to monitor key performance indicators (kpi) in order to evaluate the productivity of a company and tie that productivity to profitability. In addition it trains the user to monitor a company's liquidity. The program includes a flash report sample. Developing a flash report template and using it weekly is paramount for your company to improve profits and cash flow.

The Dynamic Cash Flow Projection Tool training program trains users to develop a financial statement model for their company. Financial projections are one of the least understood tasks of a CFO. Yes, there is much in the way of financial projection software available, but none that walk a user through the creation and implementation of their own custom financial statements projection. Included is a sample financial model.

The R-Series Report training program instructs the user on how to perform a ratio analysis on their company and includes all the financial ratios you need to be able to communicate with banks and other lenders. Benchmarking is also an important process for improving your company's performance. There are many benchmarking tools available, but the R-Series training program walks you through the setup and process implementation of this vital report.

A Flux Analysis is important for finding ways to improve profits and cash flow. Flux Analysis is one of the most unknown financial management processes but also one of the most valuable. Known also as common size analysis, it enables users to quickly identify potential cost savings as well as to identify both positive and negative financial trends.

Together, the Strategic CFO suite of financial management tools provide CFOs and controllers with a set of proven reports and processes which will help their organizations improve their profits and cash flow. Each tool training program comes complete with a instructional training video, written instruction, sample financial tools, and financial templates. They are worth taking a look at today.

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posted by Matt Murphy at

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