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When I first meet with SMEs, a common thread of issues often presents itself. It often looks something like this: • Month-end closes drag on for weeks • Inconsistent processes mean key details—like accruals or intercompany transactions—are missed entirely. • Disparate data sets in various systems (spreadsheets!) require significant time to reconcile. Business owners and their advisors rely on timely, accurate financials to guide decision making. But when the foundation is chaos it just doesn’t work. At Colfax, we help businesses eliminate this chaos by focusing on three critical areas: 1️⃣ Processes: Streamlining the month-end close so it’s fast and accurate. 2️⃣ Technology: Helping get the right technology in place and then automating processes where possible. 3️⃣ People: Ensuring everyone in the financial processes is trained with the skills need for their part in the process. When these elements are in place, the transformation happens quickly. Reports are ready in days—not weeks – and the outputs from the process provide complete transparency to financial performance. Ultimately, business owners and their advisors can focus on building the business, not firefighting. If you’re constantly chasing financial transparency for your business that you should have had yesterday, let’s talk. At Colfax, we specialise in helping businesses break this cycle. #FinancialClarity #Business #SMEFinance #DataDrivenDecisions #CFO #BusinessAdvisory