Brosseau Consulting Associates provides businesses with outsourced financial management and support to satisfy your short or long-term needs. Whether you seek help with a financial project or a backfill for a financial leader, we can supply the right consultant. We also offer a part-time CFO service as a cost-effective alternative for a business that needs a senior financial leader but does not have the budget to hire a full-time CFO. Examples of services we provide to help your organization are:
Transitional Financial Management: When a financial executive makes the decision to leave an organization, he or she will want to transition their knowledge to their successor. Due to the time it often takes to complete the search for the right financial leader, this knowledge transfer may be impossible. We can provide an experienced financial leader to learn from your exiting executive, manage your financial staff during the job search and transfer knowledge to your new financial leader.
Interim Financial Management: Similar to transitional financial management, interim financial management offers financial leadership to your organization during periods of anticipated or unanticipated breaks in service of your financial management team. We supply a senior financial leader with CFO or Controller-level experience to manage your Finance Team and safeguard your organization’s financial health until your permanent leader returns.
Your First Financial Leader: Growing organizations generally follow a common model for their finance function. During a company’s infancy, the founder is the only finance person, from processing vendor checks to developing financial strategy. As the company grows, administrative finance tasks are first delegated to a bookkeeper while the founder keeps the strategic activities. As the company continues to grow, it becomes clear that the bookkeeper would benefit from a financial mentor and the founder needs to transition the financial strategy work in order to concentrate on growing the company prudently. There is a need for a CFO, but not the financial resources to hire one on a full-time basis. Engaging a part-time financial executive to perform only the value-added activities is a wise approach and one that we can implement.
Metrics and Analytics: Knowledge of your company’s financial situation is key to making the proper operational decisions. We can provide experienced financial managers who have developed balanced scorecards, dashboards, key performance indicators and reporting packages that lead to actionable analyses and sound business decisions.
Accounts Receivable Reductions: Past due accounts receivable is often the result of weak front-end processes or poor collection follow up. We address all of the causal effects and develop systems to improve revenue data gathering and cash collection.