Virtual CFO

Large companies have a well-paid CFO for a reason. In general, small and medium-size enterprises that do not have financial knowledge and expertise are vulnerable to financial problems. They also face the problems of stagnation.

Some have no oversight on how their business is actually doing financially and others face decision paralysis and feel insecure when making strategic decisions.

All companies need a CFO regardless of their size

Virtual Cfo Services Min

Problematic!

As your business grows, there comes a time when you need to have someone who can guide you in the right direction when it comes to finances.
You will have a hard time spending at least FCFA 2,500,000 (Salaries + benefits + others) per month to get a full-time CFO in your company.

The solution

This is where the Virtual CFO comes in to minimize that cost and optimize business performance.
We will manage your Finance department remotely in an effective and efficient manner.

Our role

Our role is to give you strategic advice to better manage your business and help you take control of your finances

Implementation of the management control service

Management control, understand

Unlike general accounting, which is focused primarily on coordinating and communicating the company’s financial transactions to stakeholders.
Management  control is focused on internal communication to facilitate decision-making.

DL & ASSOCIATES DL & ASSOCIATES brings you :
an establishment of the company management control service
training of staff dedicated to the preparation of monthly reports for management.

KEYS PERFORMANCE INDICATOR

What is a key performance indicator?

A key performance indicator is a measurable value that demonstrates how effectively a company achieves key operational objectives related to its strategy.
We implement key performance indicators in the different departments and train staff on their use. different departments and train staff on its use.

INTERNAL TRANSFER PRICE

Transfer pricing is a process used in banking to measure the performance of a bank’s different business units.

INTEREST ON THE ASSIGNMENT PRICE

It allows you to measure and analyze a bank’s net interest margin at different levels:

Client

Product
Branch

Segment

Administrator
It is essential to consistently and accurately measure and analyze net interest margin, as it represents 50-90% of banks’ net income.
We help companies determine the internal transfer price, as well as the level of stable deposits by using various methods to determine the profitability of client portfolios.

An ALM system, why an implementation.

ALM (Assets and Liabilities Management)

ALM management (Assets and Liabilities Management) makes it possible to preserve yield and ensure the refinancing of the bank against the various risks inherent to its transformation activity, namely.
liquidity risk, interest rate risk and foreign exchange risk while respecting regulatory constraints.
ALM allows you to plan and make arrangements well in advance, not react and endure.

The Asset-Liability Management Committee (ALCO)

The Asset-Liability Management Committee (ALCO) refers to a committee composed of senior management employees who manage the risks associated with the assets and liabilities of the company.
We assist you in setting up this committee and train you on the operating mechanisms through a charter that we will make available to the committee.

Financial control policies

Implementation of financial control processes.

Companies confuse control processes and procedures To thrive, a business must have both, not just one or the other.
Processes look at the big picture, while procedures detail individual processes. Both have a place in the day-to-day functions of your organization and in employee success. Procedures without processes are futile.
We assist you in the identification and development of accounting processes

IFRS standards

Reporting according to international standards

Those affected.
All listed companies and multinationals are required to report according to international standards.
We help companies prepare financial statements according to IFRS standards based on their local standards (OHADA, COBAC, CIMA and others).
This makes it easier to consolidate statements at parent company level for multinationals and to assess the performance of listed companies.