Other than the recurring functions of accounting and Payroll, Guitcom also provides some high-end management services, some of which are listed below:
Costing assignments:
We undertake both ongoing and one-time costing exercises not just for manufacturing and trading, but also for service units. This could include setting up of a costing system, point-in-time stock valuations, reconciliation of costing and accounting records, preparation of cost sheets, and so on.
(It is an established fact that a robust costing system is needed in the manufacturing segment. However, most service concerns fail to realize the benefits a costing mechanism can offer them in terms of ensuring appropriate billing for services rendered, measuring efficiencies, and comparing profitability.)
Budgeting exercises:
We can carry out, or provide full advisory support to your organisation's periodic budgeting exercise. We also undertake the measurement and analysis of variances from budgets, cost budgeting, etc.
Cash Flow Control:
Many highly profitable businesses find they are constantly hard strapped for cash - this is usually due to lack of planning and managing the cash flow. We at Guitcom can help you solve this problem with our working capital management service and cash flow estimation and management.
Preparation of Project Reports:
Our project reports are not about putting together a set of look-good figures to get you that bank finance…. We believe that a project report should be a realistic projection of where the business plans to be at the end of the given period. Our expert panel helps you plan, budget, and translate your ideas onto paper, and we put together a very professional and credible document that you can benchmark your business against.
We can also refer you to lending institutions through our extensive network of contacts. For more details, please read about our referral services
Remote CFO:
Many businesses do not find it cost effective to employ their own full-time CFO or Finance Director. For such clients, we provide a 'CFO on demand' service. Guitcom's expert panel steps in when the management feels the need for a finance domain expert. The gap is bridged seamlessly, and at a fraction of the cost of a full time CFO, since this service is charged only on a time utilization basis.
To find out more about these and other high-end management services we can provide, contact us at our Bangalore office.
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