SMEs


SME – Small and Medium Enterprises

Forecast Flow provides start up companies with the financial expertise of a Finance Manager (Financial Controller), which larger companies take for granted.

SMEs (small and medium size enterprises) do not have the resources nor the need to employ a finance professional full time, but they still need the same level of attention, care and expertise larger companies would expect to have on a continuing basis.

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The role of the Finance Manager (Financial Controller) is to:

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  • Run the complete finance function of your company (sometimes with the help of a bookkeeper, depending on the level of transactions).
  • Understand your company from both a financial and commercial point of view, in order to provide relevant financial information.
  • Ensure all reporting (including statutory) requirements are met.
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Forecast Flow covers all the tasks which need to be completed within your company finance department. These include:

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  • Annual budgets and three year plans
  • Quarterly forecasts
  • Management accounts
  • Cash flow forecasts
  • Implementation of accounting systems (both in the cloud and at clients’ premises)
  • Review of financial systems and controls
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Additional services include:

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  • R&D tax credit calculations
  • SEIS/EIS reporting
  • VAT returns
  • Payroll
  • Help with preparing the books of your company for the year end and drafting statutory accounts
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The services provided by Forecast Flow to your company are designed to ensure the company management team receive the information they need to run the company, which then:

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  • Allows the CEO / Managing Director to concentrate on running the company rather than being side tracked into producing financial information, which can be both costly and time consuming;
  • Ensures the financial systems, controls and reporting are implemented and/or improved so the finance function runs efficiently and transactions are processed and reports produced in a timely manner; and
  • Results in management having relevant and reliable financial information, so they can make proactive business decisions and can plan for the future.
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Many SMEs ignore the finance function of the company, as they feel there are other areas within the company which need to be acted on as a priority. This can result in companies spending a lot of money, time and effort trying to rectify the finance function of their company retrospectively.

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The aim of Forecast Flow is to try to ensure this does not happen, therefore:

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  • If you dislike completing or find you are spending too much time on financial tasks; or
  • You do not understand or are not obtaining the financial reports you need to run your company; or
  • You want to grow your company and your current accounting system does not meet your needs.
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Please contact us for a free consultation.


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