Inefficient finance
“Our finance function is inefficient.”
Finance teams are usually not short of skill. They are short of time, because the system makes them the integration layer. Give the engine the mechanical work and the team gets its judgement back.
What it looks like day to day
- Experienced people doing low-value keying
- Bank reconciliation taking days rather than minutes
- Payment runs assembled by hand from a spreadsheet
- No capacity left for the analysis anyone actually wants
What changes
Same capabilities. One system instead of several.
The modules below are the ones that answer this problem. On the left of the switch they are where most businesses keep them today; on the right they are on one engine, reading and writing the same records.
A queue of handoffs
The same capabilities, spread across tools that were each the right answer to a smaller problem.
How G1 approaches it
- Import statements and match with rules instead of by eye
- Run payments from due bills rather than a parallel spreadsheet
- Let recurring journals, accruals and prepayments run themselves
- Move the team's time from producing numbers to explaining them
Modules
What you would actually switch on.
Activated when they earn their place, not sold as a suite. The status on each one is the real one.
- AvailableExplore
Accounts payable
Bills, approvals, payment runs and a vendor ledger that agrees with the GL.
- AvailableExplore
Accounts receivable
Invoices out, cash in, and a clear view of who owes what.
- AvailableExplore
Cash flow
Bank feeds in, reconciliation done, cash position you can trust.
- AvailableExplore
Expenses
Claims, cards and prepayments that unwind on their own.
- AvailableExplore
Accounting
A general ledger that drills back to the document behind every number.
Where it shows up
Industries where this is common.
Not a claim about who we work with — a note on where this situation tends to appear.
The human layer
Technology when you need it. Expertise when you need it.
Some of this is configuration. Some of it is a decision someone has to sit down and make with you. These are the people-shaped parts of solving this particular problem.
Finance expertise
Technical accounting, close discipline, controls and reporting. Practical help from people who have done the job, not a methodology.
- A close that gets shorter and stays shorter
- Controls that hold when the month is busy
- Reporting that a board can act on
Process design
Most inefficiency is structural. Process design finds the handoffs where a person is moving data rather than making a decision, and removes them.
- Fewer steps, with clearer ownership
- Approvals where the document is
- A process that works when someone is on holiday
Fractional finance leadership
For businesses that need a finance director's thinking but not a finance director's salary. Planning, reporting discipline, lender and board conversations, and honest advice.
- A plan and a forecast the owner believes
- Board and lender reporting that holds up
- Someone accountable for the numbers
Usually next to it
Problems that tend to travel together.
Inefficient finance
Tell us how this actually plays out in your business.
We will show you which parts of G1 apply, what is live today and what is not — and say so when the answer is that you do not need us.