Optimised financial management for informed decision-making

An operational finance expert is a finance and management professional who works on a time-sharing basis within a business on an ad hoc, regular or periodic basis. This expert plays an active role in aligning financial resources with the business goals, demonstrating a perfect balance between analytical finesse and strategic decision-making.

Operational finance expert services offer several advantages to SMEs and organisations:

• Expertise and experience: access to a specialised skill set and to a multisectoral experience.
• Objectivity: neutral and impartial financial management advice, favouring informed decisions.
• Flexibility: adaptability to the one-off or evolving business needs, with no long-term commitment.
• Cost: cost-effective solution than a full-time recruitment, with a reasonable and predictable costs.
• Relief for the manager: enables the business owner/leader to concentrate on developing his or her business.

An operational finance expert can make a difference in various areas:

• Financial strategy: developing and steering financial strategy, fundraising or financing research, profitability analysis.
• Management control: implementation of personalised reporting tools, performance analysis, monitoring of key indicators.
• Cash management and Treasury: optimisation of the cash management, cashflow forecasts, financial risks assessment.
• Human resources: support for HR management administration (recruitment, payroll, etc.).
• Digitalisation: implementation of digital tools to optimise financial and administrative processes.

Digitalisation of finance enables SMEs to:

• Increase efficiency: automate repetitive tasks, reduce errors, save time.
• Improve data reliability: data centralisation, better traceability, real-time reporting.
• Facilitate decision-making: access to relevant dashboards and indicators, more in-depth analysis.
• Reduce costs: decrease management costs, processes optimisation and better expenditures’ control.

The operational finance expert and the chartered accountant have complementary roles:

• The chartered accountant focuses on bookkeeping, annual accounts preparation, and tax and social security returns filling. Their role is mainly retrospective.
• The operational finance expert uses accounting data to analyse the business performance, elaborate forecasts and advise the manager on strategic decisions. Their role is mainly forward-looking.

No, kwantify does not provide regulatory accounting services, but works closely with your chartered accountant or with your in-house accounting department. 

An operational finance expert assignment generally takes place in several stages:

• Diagnosis: analysis of the financial situation and identification of the business needs.
• Objectives definition: implementation of an action plan with clear and measurable objectives.
• Implementation of tools and processes: digitisation of processes, implementation of reporting systems, etc.
• Support and monitoring: regular performance monitoring, advice and recommendations, adaptation of the action plan.
• The operational finance expert works closely with the manager and his/her teams. Communication and transparency are key to the success of any assignment.

Our rates vary depending on the services we provide. All our services begin with a validation of their objectives and proposed rates.

• We are less expensive than a classical internal full-time financial director. 
• Our rates depend on the complexity of the assignment and on the expert intervention mode (recurring, non-recurring, or both).