A company that manufactures and installs fire safety products. EMB was engaged as an outsourced CFO.
The main issue for this company was keeping on top of their cash flow, profit management and financial reporting.
EMB were able to introduce regimented reporting processes, allowing the management team to fully understand their profitability and cash position on a weekly basis.
We worked very closely with the whole team to facilitate the process until all parties were totally comfortable with it and became second nature.
Our work with this company has resulted in improved cash flow and profitability.
The CEO soon was in a position where the main drivers of the profitability and cash flow of his business were quantified and visible on a weekly basis.
Management and strategic decisions can now be made based on up-to-date and accurate information.
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