Our Services

Our Services

Our Services

At Radford Financial & Business Solutions Limited, we offer a range of services as part of our outsourced virtual offering.

Our services include (but not restricted to) the following:

Virtual FD Services

Most businesses would benefit from the use of a Finance Director or senior lead for the finance function but may not be in a position to take on the full time costs of employing an FD. Employing a Virtual FD will allow access to the key services a full time placement can bring but tailored to company needs and budget. The role of the virtual FD could include managing the finance team on a part time basis, helping a start-up with finance, forecasts & business plans, working with cloud based accounts systems to produce management accounts and management information, supporting with measuring working capital & cash flows, producing board reports and also providing a sounding board for strategic decisions.

Management Accounting for your Business

At Radford Financial & Business Solutions Limited, we believe this is where the magic happens. Management accounts are not just a set of numbers they offer so much more to support a business and the strategic decision making process. Management accounting or partnering will allow insight into various performing factors within a business, i.e. profit or margin appraisals, revenue stream reviews, costing analysis, KPIs, benchmarking etc. This commercial approach to accounting allows us to understand the mechanics of a business and help advise on areas that are working well and not so well, where focus may need to be made to improve certain ways of working and also providing a forward looking service through forecasting and highlighting of potential risks for mitigation. 

Cash Flow Projections & Working Capital Management

With a key component to any business being the cash available to operate or grow, it is important that the working capital and cash cycle is understood so cash position can be maximised. We can review the current working capital model and assist with recommendations of any improvements that could be made. We can help build cash flow and working capital forecasting models to help manage your cash targets to support your business goals.  

Bookkeeping Services

One of our services is to provide a bookkeeping service so you can outsource this function and receive all the reports you require to complete your financial returns.  We will record your daybook transactions and complete reconciliations to ensure all transactions have been recorded. This service is ideal for the smaller business that does not have time or facilities to record such information. This will be completed through Xero Accounting Software.

Budgeting and Forecast Preparation

We are able to assist your annual or periodical budgeting / forecasting process through creation of forecast models, completing the forecasting with your management teams including reviewing working capital forecasts or simply offering support and advice when reviewing your current processes that drive your forecasting for the business.

Internal Financial and Business Reporting

From detailed cost reports to weekly P&L's, internal reporting has a large part to play in a business, providing specific detailed analysis to support the management of your business operations. We can support any review of current processes and reports and advise on improvements or assist in implementing new reports to help the running of your business.

Project Accounting

At Radford Financial & Business Solutions, we have a wealth of project accounting experience working in a range of different environments and contracts, from lump sum, target cost, schedule of rates and working in an alliance. We will support you through the technical accounting, project financial reporting, measurement of working capital and highlight financial risks.
All of our services are provided following a free consultation to identify your business requirements and to establish the solutions we can provide. 
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