Finance Function - Cost Center or Value Creation Powerhouse?
Is your finance function a cost center or a value creation powerhouse? Obvious, you would have thought? Perhaps not. But you can do something about.
The world has changed…. Long-gone of the days where finance teams are cost centers reporting on what has happened and what the rest of the business has done.
Investment Trends & Scaling in 2023
NOTWICS had a great time recently hosting our "Investment Trends & Scaling in 2023" event in Cambridge, with our great friends and partners, CFPro Ltd. This was a very well attended event, with a room full of the Cambridge Tech glitterati and a great panel who discussed and debated all the current trends that all founders, VCs and angels are "sleep talking" about at the moment.
Choosing the correct KPIs
Choosing the correct KPIs when you are managing your business and making businesses decision is immensely important. Choosing the right number of KPIs to track, is of equal importance. Presenting this on a single page, demonstrating the health and performance of a business is powerful. When dealing with SaaS based businesses, there are a few that are critical for ongoing success.
Finance Function - Cost Center or Value Creation Powerhouse?
In my previous post setting out the 5 things I look for in a business. I made reference to alignment between investor and management teams as being 1 of the 5 key criteria in driving shareholder value following investment. A number of sub-themes that drive this, include:
Clearing the Noise - A few, well selected, KPI’s are critical for remaining on the pulse
Delivering high quality and timely financial and non-financial information to leadership teams, boards and shareholders generally falls to the CFO. Often, we think of this information in the form of management accounts and financial statements. However, this is only the tip of the iceberg and a small part of the deliverables.
Five features every successful investment shares
Growing businesses that haven’t worked with private equity before are often nervous about raising investment. They worry their new investors will want to take over, or to run the business solely to deliver a short-term return.