Strategic Financial Services
Strategic Financial Services
Before a company can manage itself strategically, it first needs to define its objectives precisely, identify and quantify its available and potential resources, and devise a specific plan to use its finances and other capital resources toward achieving its goals.
Financial management is accomplished through business financial plans, setting up financial controls, and financial decision-making.
The elements of strategic financial management we bank on designing blueprints are:
Planning through which we
- Define objectives precisely.
- Identify and quantify available and potential resources.
- Design a specific concrete business financial plan.
Budgeting through
- Helping the company function with financial efficiency, and reduce waste.
- Identifying areas that incur the most operating costs, or exceed the budgeted cost.
- Ensuring sufficient liquidity to cover operating expenses without tapping external resources.
• Uncovering areas where a firm may invest earnings to achieve goals more effectively.
managing and assessing risk by
- Identifying, analyzing and mitigating uncertainty in investment decisions.
- Evaluating the potential for financial exposure; examining capital expenditures (CapEx) and workplace policies.
- Employing risk metrics such as degree of operating leverage calculations, standard deviation, and value-at-risk (VaR) strategies.
Establishing Ongoing Procedures by
- Collecting and analyzing data.
- Making financial decisions that are consistent.
- tracking and analyzing variance—that is, differences between budgeted and actual results.
- Identifying problems and take appropriate corrective actions.