The Tompkins CFO Services Approach
We approach being your strategic fractional CFO in three phases. We help you drive your business forward by focusing on the most important financial health indicators: cash flow, revenue, and internal accounting/finance processes.
1
The Genesis
The first step in our collaborative CFO journey is to understand your unique business needs and set clear, achievable goals. We assess your current performance metrics to establish a baseline, ensuring we have a comprehensive view of your financial landscape. From there, we create a tailored strategic plan that outlines the steps needed to reach your objectives. Finally, we develop a detailed implementation plan, providing you with a roadmap to success and the support needed to execute it effectively.
2
The Advisory
The advisory phase is where we will create financial clarity and structure. From standardizing monthly reporting, establishing KPI's, implementing cash flow forecasts, defining budget processes, and executing on the strategies we developed in phase 1. The advisory phase is all about collaboration, partnership, and trust.
3
The Expansion
During 'The Expansion' we shift from a financial reporting focus to forward-looking leadership. This phase emphasizes proactive strategies - such as: scenario modeling, debt restructuring, capital planning, and investment analysis - and innovative solutions that will guide your business toward future success.