Diagnosis of the financial function
The objective of this service is to analyse the variables that affect the economic-financial situation of the company and to detect opportunities for improvement, in terms of cashflow, liquidity, costs, financing strategies, reports and management indicators.
Having a good financial strategy is something basic to achieve a healthy company, that gives results and has a balanced, sustainable growth over time.
The speed with which the economic environment and thus markets change, make it even more necessary to obtain an up-to-date diagnosis of the financing needs to operate the company: performing an analysis that encourages detection of inefficiencies that may cause economic tensions, and defining possible solutions for these.
The service consists of an itinerary in four phases:
- • Phase 1: Analysis of the company’s reality:
- Request for information:
- Initial survey..
- Financial statements (3 financial years).
- Analysis of the information and preparing the workshop.
- Request for information:
- Phase 2: Workshop (two meetings):
- Evaluation of the present situation.
- Detection of short-term opportunities to improve and achievements.
- Phase 3: Conclusions (one meeting).
- Preparation of the final diagnosis report.
- Session to prevent conclusions and opportunities for improvement.
- Phase 4: Follow-up (one meeting after two months elapse).
- Monitoring implementation of the opportunities for improvement
- Definition of the next steps in CRM Systems Projects.
This service covers situation diagnosis, definition of possible solutions and subsequent monitoring of the results obtained; implementation of the measures to be adopted would lie outside the scope of this service.
Who is it intended for?
- SMEs in Bizkaia with 5 to 100 employees.
- SMEs in industrial sectors, construction, transport, industry-related services, wholesale tourism and commerce, with an annual turnover between 1 and 5 million euros.
Conditions of the Process
- Commitment by the company management to undertake the process with a minimum guarantee of involvement and participation by the persons assigned to the project.
- Methodology validated and adapted to the SME with a market cost of 3,000 euros per company, that shall attract a 67% rebate, to the company will only have to bear an expense of 1,000 euros for the whole process.