North Bay Business Advisors broad range of CFO For Hire services allow your management team to focus on the non-financial elements of your operation with the complete confidence that a talented, high-quality team of experts is attending to the critical financial pulse of your business. Additionally, we keep you informed at every stage and help you make decisions at both prescribed and requested intervals, according to your specific needs. You are free to concentrate on your organization's success.
Accounts payable is a critical process, verifying validity of invoices and expenses. A solid Accounts Payable process can address concerns of criminal activity.
Whether this is management of pledges for a non-profit organization or daily cash deposits for a for-profit business, Accounts Receivable procedures can help address poor performance or poor cash flow status.
Collections is another process which, if not handled properly, can affect cash flow, performance and profitability.
The inability to obtain Financial Statements, or the lack of competency in understanding financial statements, can create insurmountable issues in all areas of the business or organization.
NBBA will assist with or oversee Budget Preparation, as well as provide sound advice to address staff and/or cost reduction, as well as conduct Board or Investor presentations.
Evaluation and implementation of accounting software programs.
If your organization has lost your staff accountant, or if you experience excessive turnover, your basic Payroll functions may be in disarray. NBBA will help you address these challenges in the interim or on an ongoing basis as part of your comprehensive financial management strategy.
NBBA will assist you with addressing every account and creating schedules outlining the underlying details, helping you avoid an unfavorable audit letter.
By evaluating ROI, establishing proposals and plans, etc. NBBA will help your project planners to thoroughly justify proposals and plans and understand potential issues, pitfalls and opportunities;
NBBA provides the answers and solutions for any level of Financing or Capitalization inquiries and situations.
NBBA will assist in the preparation and presentation of financial data and business plans to potential or existing shareholders and governing boards.