ICFO Solutions Sdn Bhd

We believe that all financial information, no matter in the book or outside the accounting records, has its individual impact on the business as a whole. Many businesses (especially SMEs) house their financial data at a non-processed level. They neglect the important messages hidden behind the numbers. Business owners generally assign a minimum budget in building up the infrastructure and spend very little on the development of human resources and human capital. In short, they do not invest in the system and their people. The common mindset is that sales are always a top priority. ICFO is not engaged to change their priority; but instead, gives SMEs a chance to review their business in a broader angle. we help SMEs in driving their business in a more strategic and organized manner. Resources are then planning to combat key challenges in their business. It is against this backdrop that ICFO will first perform a health check on the organization with the objective of identifying the following disciplines based on its financial historical data: - Profitability of the business - Liquidity of cash flow - Sustainability of business model - Sufficiency of resources - Expansion ability Upon the completion of the health check, we then make necessary recommendations to improve the Organisational structure, Line of reporting, Allocation of Funding and cash flow management, Human Resources planning, Business Model, Supply Chain Management, Selling/Pricing strategy, IT Infrastructure, Compliances to law and regulation, Business plan and budgeting and Management Information System. Our clients can choose to engage ICFO in the implementation of the above initiatives, likewise, they have the option to hire ICFO as a coach to their Finance Manager. We can coach and guide him/her to be a better performer, prepare him/her to be a real CFO for our clients.