our approach
Frequently, financial processes like management accounts are executed merely out of habit or as a procedural formality. However, these activities should always serve a purpose, delivering essential information promptly to enable effective planning and decision-making by management.
Stage 1: Discovery
During this initial phase, we focus on collecting essential information and building relationships across various areas of your business. Finance plays a crucial role in any organisation, necessitating an understanding of processes, collaboration with personnel, and documentation of technology systems. Our collaboration is vital to ensure both parties achieve a favourable and satisfactory result. A solid foundation is key; without it, neither party will be content with the outcome.
Stage 2: Formulate a plan
At this phase, we utilise the insights acquired from stage one to develop a clear and succinct plan. These plans are established at the beginning to align expectations and priorities.
Stage 3: Bring meaning to the numbers
In this stage, we begin to execute the plan and visualise the data. This may involve using charts, graphs, tables, or other formats that make the information comprehensible for the target audience. Often, presenting data differently or more efficiently leads to subsequent improvements that can be applied across various parts of the business.
Stage 4: Fast-Tracking Your Business Growth
As your business evolves, special projects may emerge, such as assisting with funding applications, seeking to upgrade or implement new systems, restructuring, or attracting the right personnel. Naturally, growth brings about various challenges where timing is crucial. Regardless of your business stage, there is always room for improvement. Sticking with outdated practices could mean missing out on opportunities or technological advancements.
Embracing appropriate changes prevents inefficiencies in people, processes, and technology, saving your hard-earned money. These customised services can be discussed in detail, so do not hesitate to reach out. Sometimes, a seemingly minor adjustment can become a significant revenue generator, aiding your upward journey. At Drive Financials, we are dedicated to your business’s success and are here to support you through every phase of your growth.
To find out more about our offering please contact us at hello@drive-financials.co.uk