Management Information, Reporting And Forecasting To Drive Growth.

As businesses grow, so do the challenges of managing and interpreting operational and financial data. At iFD, we provide CFO support to help you build an effective management information, reporting and forecasting system that enables you to track your current performance, analyse trends, forecast the future, solve challenges and make decisions with confidence to drive growth.

Hire a CFO

Why Growing Companies Need Management Information.

Growing businesses need timely and accurate management information to effectively navigate the complexities of growth. A management information system helps the board monitor performance, safeguard financial health, and make informed decisions. With the right systems in place, essential insights into key metrics like sales, expenses, and profitability allow the board to clearly assess opportunities, address challenges, and optimise resources, ensuring the company remains on a steady growth path.

Additionally, reliable management information reassures stakeholders, including investors and lenders, that the business is being managed effectively. It enhances transparency, improves operational efficiency, and helps mitigate risks by identifying potential issues early.

What Does The Service Look Like?

We provide access to an experienced Fractional CFO with the practical expertise to help companies in your industry sector develop a robust and scalable management information, reporting, and forecasting system. While every business has its own unique needs, our CFOs adhere to a proven process to ensure tailored and effective solutions:

Step 1 – Define Purpose and Scope: First our CFO will ascertain the business needs and work with the board to define the system’s purpose and scope.

Step 2 – Assess Existing Systems and Data Sources: Next, we evaluate existing systems and data sources to identify what will provide the most valuable insights.

Step 3 – Choose the Right Tools: When selecting software and tools, there are many aspects to consider: Integration capabilities, scalability, user-friendliness, cost-effectiveness, and security and your CFO will work with you to select the right tools for your needs.

Step 4 – Data Collection, Integration and Testing: Set up processes for collecting data and integrating data to ensure a seamless flow of accurate and reliable data.

Step 5 – Develop Reporting Capabilities: Create customised templates, reports and dashboards that focus on the metrics that matter most to your business.

Step 6 – Monitor and Refine: Once the system is in place, we continuously monitor the reporting process and make adjustments to improve accuracy, relevance, and efficiency as needed.

How We Tailor CFO Solutions to Your Business Needs.

Understand Your Needs

We carefully listen to your specific requirements and gain a deep understanding of your business challenges and goals.

Develop a Customised Strategy

We craft a tailored plan that outlines how iFD’s expertise can best support you in building the right management information system to drive your business forward.

Connect You with the Right CFO

We match you with a highly experienced CFO whose experience and skills align with your unique needs, ensuring a seamless and effective partnership.

Are you Ready to Hire a Fractional CFO?

Unlock the full potential of your business with clear, insightful management information and forecasting.

Hire a CFO

Why You Should Choose iFD For Your Fractional CFO.

We Have You Covered

Our UK-wide network of CFOs ensures we can meet your financial needs wherever you are located. Our CFOs bring extensive experience across multiple industry sectors, including technology, construction, biotech, e-commerce and energy. Additionally, we have specialist expertise in exit planning, fundraising, budgeting and forecasting and management reporting. We connect businesses with top-tier financial talent, helping start-ups and SMEs thrive and grow in a competitive market.

Behind every iFD CFO is a team of specialists

As part of the Dains group of companies, a PE-backed business advisory firm, behind every iFD CFO is a team of accounting and HR professionals as well as a team of 600+ other finance professionals. This means iFD clients can access a wide range of additional expertise from accounting, HR, tax planning and advice, fundraising, exit planning, corporate finance and everything in between. Unlike agencies, we are a consultancy dedicated to tailoring our services to meet your specific business challenges, delivering personalised and strategic financial solutions.

We Are trusted By Our Clients.

Mario: CEO, The Flavour Trailer

“Working with our fractional CFO has completely transformed our approach to financial management. The detailed cash flow forecasts and strategic financial models they’ve developed have given us a clear roadmap for growth. This newfound ability to plan effectively has not only improved our decision-making but has also directly contributed to doubling our revenue. It’s been a game changer for The Flavour Trailer.”

Robin, MinaTherapeutics

“Isosceles has been a vital partner since 2019. Their support includes a Fractional FD with extensive biotech sector experience and regulatory knowledge, a team of fractional accounting professionals, access to an HR consultant, a dedicated payroll team, whilst liaising with specialist tax advisors skilled in producing complex R&D tax credit claims. Their flexible services and highly experienced teams have been invaluable to our success.”

Frequently Asked Questions.

What’s the Difference Between Management Information and Management Reporting?

Management information and management reporting both play crucial roles in decision-making but serve different purposes. Management information analyses and visualises data to support strategic planning and drive growth. In contrast, management reporting centres on tracking and monitoring performance by gathering and organising data from various sources. While management information systems (MIS) facilitate strategic insights and efficiency, management reporting systems streamline data to help businesses understand performance, set goals, and make necessary adjustments.

How often should I receive management reports?

The frequency of management reports depends on your business size, operations, and goals. We recommend monthly reports for businesses with rapid cash flow or operational changes to track real-time performance and respond swiftly to any issues. However, for more stable businesses, quarterly reports might suffice. We work with you to determine the ideal reporting cadence, ensuring you have the insights to make informed decisions.

Can your forecasting help with long-term planning?

Yes, our forecasting services are designed to support both short-term operational decisions and long-term strategic planning. By using historical data, market trends, and predictive modelling, we help you anticipate future challenges, plan for expansion, optimise cash flow, and set achievable financial targets for the next 3-5 years or more.

Do you provide customised reporting templates?

Absolutely. We create bespoke reporting templates specifically designed around your key performance indicators (KPIs), business priorities, and industry standards. Whether you’re focused on cash flow management, sales performance, or operational efficiency, we ensure that the templates we build will deliver actionable insights that are tailored to your needs.

How long does it take to set up a management reporting system?

The timeline for setting up a management reporting system depends on several factors, including the complexity of your business processes, data sources, and desired level of reporting detail. Typically, we can have a fully operational system in place within 4-6 weeks, though simpler setups may be quicker. We take the time to understand your business needs to ensure the reporting system aligns with your goals.

Like what you’ve heard?

Get in touch to find out more about how we can help your business.