In addition to the Full version that covers ALL steps of implementing structured finance processes and accounting structures, you are getting a personal 1:1 toolbox onboarding or a consulting session for your business. In 60 minutes you can ask me all open questions you have or we can walk through your main pain points of your company and how the toolbox can address these.
Missing or incomplete processes, non-scalable workarounds, document chaos, time-consuming invoice allocation and approval, chaotic structures, and hours of document searching – sounds familiar to you? Be assured, you are not alone with these problems, because most start-ups are struggling with them.
Let’s be honest, how often have you asked yourself: Why am I sitting here scanning invoices? Where are the receipts?
In this chapter, I show you how to deal with invoice approvals, payments, and which system to use for this without spending money on expensive tools in the beginning. In the same context, I also explain how you can best manage a shared inbox.
Templates: Incoming invoices log, Process example for incoming invoices and approvals.
Cash is king guys, and you need to know when your last cent will be spent – well in advance. Key topic of this chapter will be about managing working capital: How do you keep track of your accounts receivables & accounts payables?
I will show you how to create a regular cash forecast without much manual effort – directly from the bank statement into your cash forecast. Furthermore, you will learn how to reconcile transactions and turnovers from different bank accounts and transfer them to your own cash planning.
All of the above without an extra tool.
Templates: Cash-Liquidity Planning File.
Learn why a month-end closing is important and how to do it easily with my checklist.
Template: Month-end closing checklist.
In this chapter, I will show you how to establish a smooth budget process and motivate the different departments to get involved. I also explain how you can best map your budget and integrate the various plans into one file. You will learn about key things to include in your budget planning and how to get everyone from the leadership team around the table to discuss the budget.
Templates: Various timelines and process design for a successful budget period, budgeting template including headcount and staff planning.
I will share with you my experience on how ho to create comprehensive and engaging reporting for investors and the leadership team including key topics which belong in a good financial reporting sheet. You will learn which KPIs are important and how to sell the reporting with a good story for the individual target groups. I also explain how you can automate your financial reporting reducing manual effort to a minimum – all without extra tools.
Templates: Financial reporting template with automation from the accounting software and the most important formulas for easy reporting.
Learn where to locate financial drains in your start-up and how to monitor and keep these in check. I will show you how to keep an overview of your contracts and not waste money (e.g., with subscriptions, licenses, telephony costs, etc.).
Templates: Project controlling, various templates for cost-saving, examples for various process descriptions, templates for monitoring licenses, cloud costs, gross margins, etc.
Learn all about tools and how to use them to simplify and automate your finance processes. Which tool to use for which process? What are popular and useful tools on the market? How do I find out which of them I need for me and my company? I will explain when it is worthwhile to implement tools, which steps are important, and how you can get the whole team on board. You will also learn how to integrate the tools into a system landscape.
Templates: Finance Tools Landscape incl. selected providers, implementation process for tools with the most important steps and questions.