When you hire PRG as your Virtual CFO, we will customize our work to fit your most pressing needs, and deliver results by leveraging 5 fundamental principles:
1. Exceptional Bookkeeping: A CFO’s primary responsibility is to connect the dots between finance and operations, so the CEO can make the best decisions, execute the vision, and generate growth. None of those things can occur without the foundational work of exceptional & real-time bookkeeping.
2. Operational Metrics or KPIs: The total health of your company can be monitored by a select handful of Key Performance Indicators (KPIs). PRG will not only endeavor to construct the appropriate series of KPIs for you, but also identify and construct your “single-uniform KPI” which will provide a singular purpose or mission from which you can lead your entire organization from.
3. Building Frictionless Workflows: As your team performs daily functions, the data that is produced (financial or operational) must be gathered, stored, organized & analyzed without causing disruption. We will engage in a thorough analysis with respect to how work is being performed now vs. how work should be performed to capture the necessary data, and then help you lead any necessary adjustments without disruption to your current systems.
4. Organizational Structure: The pillar of any great company, whether you have 3 employees or 300, is a rigorous focus on who is responsible for what and how your company’s work flows throughout that matrix. Your company's organizational structure must be understood, documented, continuously analyzed and team members held accountable for optimal performance and growth.
5. Leadership Driven Culture: Great business leaders empower others to generate world-class results. Once you truly embrace the philosophy of stepping out of the way, it is only then can you begin the journey of optimizing systems and the happiness of your employees, who in turn, carry out your systems. Great leadership creates a positive feedback loop. As you learn to lead with greatness, you free yourself from the grind, which then provides more & more opportunity to focus on your company’s singular mission & vision.
