1. CFO Services
A high performing business finance function should encompass the
following
Financial
Strategy
Financial
Diagnostic Reporting
Key Performance
Indicator Monitoring
Workflow & Knowledge Management
Management Accounting
Bookkeeping and Processing
Source Document Management Process
2. CFO Services
Providing efficient and effective CFO services to SMEs
Issues facing SMEs Mawson Alternative Result of Mawson
intervention
Decision making is difficult
because information from
systems lacking in accuracy,
relevance and timeliness
• Appropriately qualified talent applied to
relevant tasks
• Highly systemized and documented
processes
• Reporting requirements identified upon
engagement
• Service level agreement
Accurate and relevant financial
reporting delivered in an agreed time
frame allowing sound decision making
in a timely manner
Satisfaction of Stakeholder
requirements
Appropriate reporting provided to key
stakeholders including bankers, financiers,
franchisor, external accountant, board, etc
Stakeholders needs satisfied taking
pressure off ownership/management
Lack of expertise/focus in back
office function
Outsource non-core finance functions Management able to focus on core
functions of business and does not
have to employ multiple resources to
ensure adequate skill coverage
Knowledge Transfer/Staff
Retention
Documentation of key business processes and
workflow status information
Reliance on internal staff reduced as
process and workflow knowledge more
widely available and systemized
Fixed Overhead of Staff Mawson skill set and resources can be matched
to business requirements on a variable cost
basis
Reduction in fixed cost commitment for
finance employees and ability to
expand without adding to fixed cost
commitment