Our expertise

Objectif-Cash--060-Janvier-2010

Our expertise:
“Bespoke” services for complex or exceptional day-to-day corporate situations!

During the last 13 years, Objectif CASH has performed over 550  assignments or structuration projects with its experienced transition management team.
This experience has been acquired in a variety of contexts:

  • mergers and acquisitions (integration of a takeover or prepared transfer),
  • strong growth,
  • bolstering share equity or funding,
  • under performance,
  • turn around,
  • cash-flow crisis,
  • poorly managed international operations,
  • etc.

The expertise of Objectif CASH consists of properly understanding the stakes involved in any type of situation (the facts/figures/key people), in immediately offering an evaluation of the situation (operational and financial diagnosis) before implementing appropriate operational solutions for each situation (teams of field managers, no consultants), guaranteeing performance of services, regularly reporting on progress and being honest in all situations; the famous “CASH” talk.

Cash flow crisis management – Risk of bankruptcy

Can the company reimburse its debt?
Will we have to invest more money?
If so, why, how much and when?

Examples of services provided

  • Calculation and real-time updating of cash flow forecasting
  • Identifying the steps that need to be taken to optimize cash flow in the short term
  • Focused attention and in-depth action on inventory and accounts receivable – set up & manage detailed «hands-on» action plans
  • Improved financing procedures (Increasing the capital, Dailly Law, Factoring, etc.)

The specialized skills that Objective CASH brings to the mission

  • The ability to qualify, challenge and document hypotheses which form the basis for operating and cash flow forecasts
  • Reactivity/Pro-activity/Flexibility: the capacity to envision several different scenarios
  • The capacity to discuss situations with operational staff, to warn them of danger and to negotiate steps to be taken
  • The ability to identify key issues

Benefit for the client

  • Bring cash flow under control
  • Minimize working capital requirements and maximize cash
  • Avoid or delay dilution
  • Ensure a seamless continuity of operations

The danger in not having a clear picture of profit margins

Do we have a clear vision of the company’s performance?
Is the information we’re given reliable?
Should we review the Business Plan?

Examples of services provided

  • Audits of the Finance Department (key players and their teams, accounting, control, cash flow, internal control, information systems, etc.) and relations between the Financial Department and operational teams, banks, …
  • Reconciliation between physical and financial indicators and an in-depth analysis of margins by product, client, distribution network, geographical area, sales team, etc.
  • Implementation of a Chart of Accounts, budgets, forecasts, reworking of the Business Plan, etc.
  • Identification of both the areas of loss and those of potential opportunities
  • Review of fixed costs and implement appropriate cuts

The specialized skills that Objective CASH brings to the mission

  • A perfect command of general accounting and cost accounting
  • An eye for detail and the capacity to discuss situations with operational staff
  • A working knowledge of information systems (ERP, decision-support computing, etc.)

Benefit for the client

  • Stronger and more reliable operational and financial reporting
  • Confidence in the fact that the figures presented are correct
  • Improved company performance
  • Improved productivity in the Finance Department as well as faster reporting

A lack of monthly reporting, incomplete monthly reporting, suspected inaccurate or fraudulent reporting, etc.

If there are discrepancies in the reporting provided by the company, is there sufficient internal control?
Are governance policies and group procedures being applied?
Is there a risk that more serious problems may be hidden or not anticipated?

Examples of services provided

  • Audits of the Finance Department and internal control systems (assessment of key players, teams in charge of making sure that internal control systems are respected within the Finance Department and Operational Management teams, assessment of procedures, information systems, management standards, etc.)
  • Implementation of corporate governance or adaptation of group procedures to the size, situation or context of the company
  • Support during the transition period and training for permanent teams in group procedures

The specialized skills that Objective CASH brings to the mission

  • The ability to talk to and reassure operational teams
  • Excellent writing skills and practical experience with SOX
  • The ability to quickly identify key issues
  • Working knowledge of information systems (ERP, decision-support computing, etc.)
  • The capacity to implement projects involving interdepartmental teams or multicutural teams

Benefit for the client

  • Identification and estimation of cost exposure of risks
  • Stronger internal control
  • Compliance with company standards
  • Strengthening Finance functions within the organization

Under-performance and the need to accelerate the implementation of constructive changes in the field

Can we optimize the profitability of our investments and accelerate our ROI?
Which management actions should take priority?

Examples of services provided

  • Audits of the Finance Department, internal control systems and ongoing projects
  • Operational support for the implementation of action plans, particularly by taking control of the Finance and Administration department, the company, the cash flow or information systems, the rationalization or simplification of processes, cost-reduction plans, preparation for the outsourcing of processes or activities, the setting up of shared service centers, etc.

The specialized skills that Objective CASH brings to the mission

  • Operational experience in the management of a Finance Department or a department that interacts with the Financial Department (Sales Administration, Credit Management, IT, HR, Logistics, etc.)
  • The ability to talk to and reassure operational teams
  • The ability to adapt to and integrate the company
  • The ability to work as a team with the Management in situ
  • The ability to take control rapidly and manage a team
  • The ability to quickly identify key issues and implement change with the least disruption
  • Working knowledge of information systems (ERP, decision-support computing, etc.)

Benefit for the client

  • Confidence in the fact that the figures presented are correct
  • Simplification, rationalization, standardization, increased productivity
  • Time saving/improved production deadlines
  • Increased performance
  • Financial gains