Fractional CFO
For owners who get the month's numbers too late to change anything. Alehar runs your finance function, or extends the team you already have, month to month.
What we hear
Alehar's management and board reporting work covers monthly management accounts, a faster month-end close, KPIs, profit by customer, product or location, one set of group accounts across companies and currencies, and board packs. It is part of Corporate Finance as a Service, Alehar's monthly finance function.
“We get last month's numbers six weeks late, and by then we can't act on them.”
Usually starts when the business grows faster than the way its books are kept, or adds new locations or companies.
Alehar agrees a month-end timetable with your team and whoever keeps the books, and clears what holds it up. Management accounts arrive on a set date each month. Alehar then holds a monthly management review with you, presenting the numbers in full, what changed and why, and what needs attention first.
“Sales are up but profit isn't, and we can't tell which customers or services make money.”
Usually shows up when revenue grows but margins stay flat or fall.
Alehar splits profit by customer, product, service, location or team, and assigns shared costs on a basis agreed with you. It shows which parts of the business make money and which lose it. Alehar then gives a view on pricing, focus and growth, and you decide together where to act.
“We have a new investor on the board, and they expect a proper board pack.”
Usually starts with a new investor or lender, the next generation joining, or a parent company asking for group reporting.
Alehar builds a board pack around the decisions the board needs to make: results against budget, cash, the outlook and its view on each open item. This ensures each board meeting is spent on the issues, decisions and next steps, not on questions about the figures.
The engagement
A partner, a complete team, no lock-in, and support for the next raise or exit when it comes.
One partner owns your finance function. They work alongside the people you already have, and take on what your team does not have the capacity or the experience to run.
Behind the partner is a team from analyst to executive, drawn from private equity, investment banking and strategy consulting. Reporting, planning and transaction preparation are covered without adding headcount.
The engagement runs monthly and can be ended at any time, without penalty. You pay for a senior finance function, not for the cost of building one.
Alehar advises on fundraising, debt and M&A, and brings a network of venture, private equity and corporate investors. When the next step comes, the people who have run your numbers run the process.
Tell us how we can support you.
We're excited to connect with you and know more.
What we offer
Historical Performance
By reconciling your historical and current performance and putting in place critical financial processes and systems
Optimization
By analyzing your financial performance to identify quick and easy actions to save costs and improve working capital management
Financial Planning
By working closely with you to do short and long-term financial budgeting, forecasting and modeling different scenarios.
Growth and Expansion
By supporting you in the assessment of the ROI and feasibility of potential growth initiatives for your company.
Investment Readiness
By working backwards from your target (debt/equity investment, partial sale, full sale) to identify the changes needed to get your company ready.
How we work the reporting problem
A month-end calendar agreed with your team, with each task, owner and deadline set out. Management accounts arrive on a set date each month, in the same format each time, so trends are easy to spot.
Profit by customer, product, service, location or team, with shared costs assigned on an agreed basis. Where there are several companies or currencies, they are brought together in one set of group accounts.
One pack for management and the board: results against budget, cash, the key numbers and the outlook for the months ahead. Alehar reviews it with you each month and brings a recommendation on anything off track. You agree the actions together, and the next pack shows what happened.
Client stories
Sectors with many locations or companies to report on
Some services described on this page may be regulated activities in certain jurisdictions. Alehar provides services only where legally permitted. See our Disclaimer.
Perspectives on corporate finance, fundraising, and M&A, from the Alehar team.
