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Overview
Good Financial Management is critical to all organizations.  It is so critical that most organisations have implemented staff performance management to only measure financial success.  Financial Management does also however other financial performances such as liquidity, asset management, profitability, leverage, market value ratios, comparative analysis, financial planning, including where to start, what types of budgets to prepare, and how to make budgeting a value-added activity.

Firefly has established a relatively small competency that focuses on services around Financial Management.

Approach
With a set delivery framework that includes key aspects of any service improvement programme, will Firefly’s Financial Management Competency engage with Clients.   This framework consists of Assessments, Consulting/Coaching/Training, Improvement and re-assessment.

Services
Firefly’s core services in the delivery of a Financial & Logistics Consulting service comprise of:

Financial Planning
Financial and cash flow planning are essential to all organisations. The procedures used to calculate and document these matters are often very complex and the smallest of errors can cost a company dearly.  Financial planning should not only be done for the short term but medium and long term as well to ensure that we grow our client businesses because if we don’t plan for growth we will fail.

Logistics planning
Logistics planning comprises not only of stock holding but also the correct use of the administrative tools that are associated with procuring and holding the correct stock at the correct time and in the correct quantity.
It is also critical that one knows the correct value and cost of stock that one has at any one time as this directly impacts the financial and cash flow planning of the company.

Administrative Analysis
The work flow within a company can be the bottle neck of many transactions, it is vital that a company understand the workflows that are in place and ensure that they are running efficiently.
The company is a dynamic living entity that lives and changes with every decision that we make, it is essential to make sure that we keep up with the changes within our companies and thus ensure that our procedures keep up with the growth stages of our business.

Outsourced Financial Management
Many concerns do not have the funding to employ a full time Financial Manager , outsourcing a senior manager like this can have the benefit of a great cost saving as well as the benefit of the knowledge held by such a person.

Education
Education Courses Offered


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