Cashflow and Budgeting
Focus on the future not the past. Our management accountants bring with them a host of analytical and financial management skills aimed at identifying and improving business performance including Cashflow and Budgeting. With a cash flow forecast, you can identify future opportunities, plan your growth trajectory, and look out for potential pitfalls and dangers.
- Financial Forecasting
- Budgeting
- Financial Analysis/Interpreting accounts
- Creation and monitoring of KPIs
- Timely management accounts
- Business Planning
Cash flow forecasting is a handy tool for businesses looking to plan their finances better. Forecasting can provide insights to better manage your activities based on your uses of cash. You can also leverage these insights to create a contingency plan that’ll help you be more prepared for when you have a change of circumstances in the future.
Simple Systems
We live in a digital age and there are a bewildering amount of apps and systems that provide management information to help you and your business. The challenge for you is finding the right ones that will really help in your business. We can work with you to select the right reporting systems and set these up for you so you get the benefits of the best systems and apps on the market today.
Tailored to your Business
No two businesses are the same meaning their management information needs are also different. We start by understanding your strategy and align your bespoke management information with your strategic objectives.
Financial & Non-Financial
We don’t just consider financial data, typically better decisions are made when combining financial & non-financial data to give you a fuller understanding of your business and improve forward-looking decision-making. We also look to break down your data so you can see trends and patterns that give you greater understanding of what is going in within your business.
Keep Track of your business with Fathom
Our priority is to make our clients businesses run more efficiently. A key part of this is looking at tech that can save time and remove the stress of managing your company finances. Fathom combines insightful reporting, fast cash flow forecasting and actionable financial insights into one refreshingly easy business management solution. Fathom also integrates directly with your Xero software – saving you valuable time.
Fathom’s three-way cash flow projection
Three-way forecasting is how Fathom structures its forecasting tool which is essentially a combination of the following reports:
- Cash flow statements: a cash flow statement will help you predict future cash shortages.
- Profit and loss: demonstrating your expected profitability compared to the previous period based on your revenue, cost of goods and services, and net profit.
- Balance sheet forecasts: showing what your business owns and owes including your assets, liabilities, and equity.
A three-way projection is vital to the future planning of your business, as you’ll be able to use different scenarios to create a more comprehensive understanding of what may happen to your business over the coming few years. Your projection will give you a closer lens on what works well and tweak your strategy as needed.
Request a Consultation Today
Speak with one of our friendly experts and learn how we can help implement Fathom and plan for the future of your business.
What our Clients say.
We strive to give our clients an excellent service
“I approached YFT recently to ask his advice on how to support my small business growth and improve the current Accounting operations. They have provided some excellent help and support, including a very comprehensive training session to show us how to use cloud accountancy software Xero to improve our productivity and reporting. It will make my life much easier. Thank you.”
Sue Land
Your Marketing Team Ltd
“Mark Randall and Your Finance Team assisted The Sheriffs Office in a major financial transaction. We found him to be professional, knowledgeable and proactive in his approach which is something often lacking with Accountants and financial advisors. We would highly recommend his services and will continue to use him going forward.”
David Carter
CEO, The Sheriffs Office
“I cannot recommend Your Finance Team highly enough. Mark and his team constantly go above and beyond for my freelance business, and are so helpful and easy to deal with. They’re hugely conscientious, with forensic attention to detail and a phenomenal work ethic; hiring Your Finance Team is the best decision I’ve ever made as a freelancer. If you’re thinking about getting a new accountant, it’s a no-brainer.”
Martin Saunders
“Mark is an expert in his field and a fantastic communicator. He has provided wise guidance and excellent advice during the time that we have worked together.”
James Cape
MD, create. Select Ltd
“Your Finance Team are professional, informative and friendly, they also offered flexibility and a willingness to work in a way that suited my business.”
Katy Jeffcoate
Director, Jeffcoate and Co
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Cliff Cooper
Managing Director, Move Revolution
“The friendly and approachable manner of all the team at YFT makes running my business smoother. Knowing they are there for support and advice gives me peace of mind.”
Dave Power
Director, Forefront Professionals
“Moving to Your Finance Team was an excellent decision for our company. Mark spent time on understanding our business and quickly developed a clear knowledge of the details. YFT has provided clear advice for us on all large and small issues where we have needed guidance. YFT is reliable, offers a high quality service and Mark goes above and beyond to ensure we have the support we need. I’ve been extremely grateful for Mark’s patience and expertise.”
Becky Clark
Head Speech & Language Therapist, ClarkSLT
“YFT have been our accountants for 4 years. We have been really happy with the support they provide with a professional but personal touch. Knowing they are on hand for any issues that arise means we can focus on running our business and leave the technical side to them.”
Daniel Fish
Director - Resolution NDT
“Your Finance Team assisted in the setting up of our new business in 2016. The advice and support provided during this complex and sometimes stressful period, proved to be invaluable. Your Finance Team have continued to support us since by acting as our FD, providing board level services, management information and full financial compliance for our business. I’m relieved to know that our finances are in safe hands.”
Richard Newland
Director - Newland Development Services Ltd
“I’ve been really pleased with the way YFT have helped and guided me through accounting, Tax and VAT payments. I think your quick response time for queries is just what you need when it’s all going wrong! I’ve also used their services to evaluate a prospective company purchase. I was happy with the informative way I was guided through the process by Mark, which answered a lot of my questions. I’ve always been really happy with their service.”
Steve Richardson
Director - Absolute NDT Solutions Ltd
“Moving to Your Finance Team was one of the best decisions we have made. We now have a greater understanding of our accounts, feel better equipped for making business critical decisions and enjoy access to a team of highly skilled and incredibly approachable individuals.”