Financial Management

The services offered to individuals or institutions on how to assess their movable or immovable assets are known as financial management consulting. Financial management consultants, who offer consulting services on these matters, are industry leaders with years of sector experience and the aptitude to understand and assess international markets.

Elizes consultancy services, which aim to be with you and create added value for your company, can help with your financial management consulting needs.

Types of Financial Management

The functions can be grouped into three broader types of financial management;

- Capital budgeting
Relates to identifying what needs to happen financially for the company to achieve its short- and long-term goals. Where should capital funds be expended to support growth?

- Capital structure
Determine how to pay for operations and/or growth. If interest rates are low, taking on debt might be the best answer. A company might also seek funding from a private equity firm, consider selling assets like real estate or, where applicable, selling equity.

- Working capital management
As discussed above, is making sure there’s enough cash on hand for day-to-day operations.

Importance of Financial Management

Solid financial management provides the foundation for three pillars of sound fiscal governance;

- Strategizing
Identifying what needs to happen financially for the company to achieve its short- and long-term goals.

- Decision-making
Helping business leaders decide the best way to execute on plans by providing up-to-date financial reports and data on relevant KPIs.

- Controlling
Ensuring each department is contributing to the vision and operating within budget and in alignment with strategy.

OUR APPROACH

Investment Strategies

We offer the most appropriate strategies and alternatives to meet our customers' investment requirements and tendencies in the domestic and international markets. We direct their savings with up-to-date market analysis and risk/reward calculations.

Budget Planning

While businesses and organizations are making progress toward their objectives, they still strive to complete their tasks within a predetermined budget. Determining the budget to be used for the enterprise’s work, controlling income and expenditures, and controlling expenses are all parts of budget management. Because efficient budget management is crucial for organizations to effectively allocate their resources, it plays a crucial role in helping them carry out their work and measure performance. Our Budget Planning provides a frameworkfor your company’s financial objectives for the next three to five years.

Cost Management

Elizes’ cost management services provide specialized expertise across project life cycles to reduce client risk, improve value and deliver positive outcomes in all sectors of the built environment. We align ourselves around client sectors to provide industry-relevant advice and specialized expertise. We work together to achieve viable developments that capture client objectives through value-driven and efficient designs. Costs are controlled through rigorous change management and risk-management processes and reporting.

Maximizing profits

To maximize profit, businesses must find the optimal price and output level. They can achieve this by conducting market research, analyzing costs, and using value-based and intelligent pricing strategies. Ultimately, businesses need to balance profitability with customer satisfaction and long-term sustainability.

Tracking liquidity and cash flow

Even well-run companies can hit rough patches and find themselves in situations which require financial transformation. In unprecedented times such as these, our firm is uniquely positioned to help businesses navigate significant impacts to financial stability. Our firm offers a range of services to improve liquidity, maintain operations, and stabilize your business. Our cash flow consulting services can improve your decision-making ability and allocate more time to achieving your goals.

Ensuring compliance

Compliance consulting provides several benefits, including:
- Minimizing the risk of non-compliance
- Avoiding fines and penalties
- Protecting the company’s reputation
- Improving operational efficiencies
- Increasing stakeholder confidence.

At Elizes, our compliance services allow businesses to understand better and manage the risks associated with non-compliance, develop effective compliance programs, and implement best practices. Find more about the benefits of compliance consulting with Elizes.

Developing financial scenarios

• Managing and assessing risk
Line-of-business executives look to their financial managers to assess and provide compensating controls for a variety of risks, including;

• Market risk
Affects the business’ investments as well as, for public companies, reporting and stock performance. May also reflect financial risk particular to the industry, such as a pandemic affecting restaurants or the shift of retail to a direct-to-consumer model.

• Credit risk
The effects of, for example, customers not paying their invoices on time and thus the business not having funds to meet obligations, which may adversely affect creditworthiness and valuation, which dictates ability to borrow at favorable rates.

• Liquidity risk
Finance teams must track current cash flow, estimate future cash needs and be prepared to free up working capital as needed.

• Operational risk
This is a catch-all category, and one new to some finance teams. It may include, for example, the risk of a cyber-attack and whether to purchase cybersecurity insurance, what disaster recovery and business continuity plans are in place and what crisis management practices are triggered if a senior executive is accused of fraud or misconduct.