Balance sheet is the engine room of any business and the financial health of the business is monitored most effectively when balance sheet reconciliations are undertaken monthly. At STA we live and breathe balance sheets to give you real time visibility on your business performance.
Operating cash flow refers to the amount of cash a company generates from the revenues it brings in, excluding costs associated with long-term investment on capital items or investment in securities. Your cash flow forecast should be a detailed look at your company's cash position relative to its inflows and outflows.
What are the financial KPIs that you track for your business currently? Are you adding any KPIS to the list? STA’s Virtual CFO should be able to identify the weak points of your business and determine the most appropriate KPIs to measure performance.
STA’s Virtual CFO service prepare financial reports and related items for board packs for monthly or quarterly board meetings. STA can also update board risk registers and provide financial reporting training for boards.