Financial Management

A core service of financial management 
for businesses in Northamptonshire, South Midlands,
East Midlands and Milton Keynes area

Through MSA Financial Management, gaps in the vital finance and
 accounting function can be plugged.

transactions . records . reporting . capital . cash . security . risk .

plans .  analysis . control . profit . growth

The Problem:   Most companies go through stages in their development when one or more
weaknesses in the financial management function compound the business's difficulties.
Sometimes this is caused by a surge in the growth of the business.

Result:   The crucial financial management function fails to deliver the full support to top
management which it should. Planning, control, profitability and cash flow become vulnerable.

Solution:   This service analyses the financial management function and provides the needed
inputs for a fully operating financial management activity.


What is Financial Management?

Financial management covers a wide range of skills, techniques and functions, for example,

planning and control needs:

                                management accounting and reporting, financial
                                planning, and management of cash and cash flow.
 
operating needs:
                                 operation of basic business functions such 
                                 as credit control, general ledgers and payroll.


Why Financial Management is so important.

The range of activities affected by financial management is so diverse that it can be difficult to
appreciate the dire implications of not having good, comprehensive financial management 
in place.

Without good financial management, not only does a company waste valuable opportunities
for improving the business, keeping it efficient, and saving time, it also risks going out of
business completely.


What do we do?

For businesses in Northamptonshire, South Midlands, East Midlands and Milton Keynes
area we offer support in the crucial area of financial management, providing assistance
through a wide range of delivery methods and services.


How you will benefit

By enlisting the help of MSA Financial Management your business will benefit from
experienced financial expertise to strengthen its finances, profitability, growth and direction.



Assessing the Quality of the Financial Management Function

To help you assess the quality of financial management in your business we pose below
a hypothetical question:

Q. How do I know whether I have a satisfactory financial management function?

A. Several more questions need to be addressed in order to answer this primary question
and assess the quality of financial management in your business. 

     For example, do any of the following apply to you. Do you -

• feel confused about financial and accounting issues?
• lack time and confidence to deal with financial and accounting issues?
• have plans that require greater financial management capacity?
• understand the changes in your business performance?
• have up to date, reliable management accounts?
• have reliable and meaningful analysis and interpretation of business performance?
• have control over business assets and speed of cash flow?
• have sufficient funds in place to finance operations and plans?
• know where the profits and losses occur, their amount and causes?
• have effective business plans?
• know your main business risks and your cover?
• know your key performance indicators?
• feel confident in dealing with bankers and other financial professionals?

• feel confident about product margins, costs and pricing decisions?

How did you fare?

If any of the above questions left you feeling uneasy then there could be gaps in the financial
management function, that is, you may not have a satisfactory financial management function
at present. A meeting with us could be to your advantage and a request for a free meeting will
not commit you.

Our Offer

We will be happy, at a free meeting, to carry out an initial assessment of your business's
financial management functions and offer you our advice. This does not commit you.
Simply contact us.  If you then wish to consider implimenting our suggestions we will be
happy to provide a quotation for our services.

If your business is located in Northamptonshire, South Midlands, East Midlands or
Milton Keynes  and you would like to discuss this further please contact us.  We will
be happy to discuss fully with you any issues involving this most crucial area of the
business - financial management.

To see how MSA Financial Management can be linked to other MSA services see also -
Business Performance & Value Improvement and Finance and Attracting New Funds.

See also Business Planning and Sale of Business and Business Valuation Services  for further
connections to MSA Financial Management.