Situation:
This is a mid-sized company with multiple businesses operating in different industries. Despite having a dedicated finance team, it struggled to manage its finances efficiently, which often led to delays in decision-making and difficulty in achieving its strategic goals. The Group’s founder realized the need for a financial partner who could help them manage their finances and validate their business events and transactions in line with their long-term and short-term goals.
Solution:
After exploring various financial partners, the Firm has decided to work with Q4 Accounting. Q4 team quickly got to work and conducted a situational analysis to understand the company's financial state of affairs, challenges, and goals. Based on this analysis, Q4 translated the founder's vision into a financial model and delivered reports and models that aligned with the firm’s goals. Q4 also worked on short-term working capital management, restructuring the capital, and carved out a robust process that helped them manage its finances more efficiently.
Benefit:
As the engagement with Q4 progressed, the firm began to experience significant positive changes. The financial models and reports delivered by Q4 provided the company with a clearer understanding of its financial situation. This clarity helped it become more confident in its decision-making process. The continuous review mechanism implemented by Q4 helped foster constant growth, and the company's finance team benefited from working with Q4's experienced professionals.
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