FINANCIAL SERVICES FOR MANUFACTURERS
Manex can help manufacturers tackle the most pressing problems facing the financial side of business. Our expert consultants can assist with managing corporate performance; implementing mission-critical initiatives; assessing strategic opportunities; resolving critical business situations, obstacles, and workflow; and establishing or re-establishing sustainable financial and business performance.
Manex consultants are prepared to support small and medium-sized manufacturing companies with the following financial needs:
Corporate Finance
- Funding plans; financial strategy and tactical implementation; internal controls
- Obtaining new loans and equity – bank conventional loans, Small Business Administration (SBA) Loans, Asset-Based Lending (ABL), mezzanine and private equity
- Financial projections and setting loan covenants
- Assisting companies < $100m whom often handle day-to-day operations adequately, but at a tipping point “overload” assignments
- Financial and operational stress; liquidity issues; lender fatigue; helping ‘unbankable’ companies become bankable
- Finding consultants, part-time or interim roles
- Turnarounds & restructurings
- Evaluating, training and coaching personnel (finance, treasury, accounting staff – proactive mode, not reactive)
- Mergers & acquisitions
◊ Accounting for the merger
◊ Valuation support
◊ Due diligence
◊ Structuring
◊ Post-integration support
Forward-Looking Planning and Processes
- Build financial reporting systems that anticipate and call attention to problems
- Strategic planning
- Initial Public Offering (IPO)
- Forecasting/pro forma financial statements/pipeline
- Rolling cash flow forecast – 13 to 26 weeks forward
- Key metrics/business and cash drivers/key ratios
- Management and flash reports including board reports
- Liquidity/cash flow/net cash conversion cycle/collections issues
- Inventory management & reduction
- Cost reductions
- Covenant forecasting
- Asset and balance sheet management
- Profitability by product or service line/division/customer/locations
- Coordination with outside tax preparers
Financial Process Improvements
- Audit preparation & coordination with outside, independent auditors
- SEC reporting 10-K, 10-Qs, 8-Ks
- Streamline systems/shorten close process/reduce costs
- Automate manual systems◊ Consolidations
◊ Reconciliations
◊ Fixed assets
◊ Revenue recognition
◊ Inventory tracking and depreciation ◊ Bad debt reserve analysis
◊ Sales commission accounting ◊ Sales pipeline management
◊ Dashboard for executives
How do I get started?
For more information or to schedule an appointment, contact Manex at 925-807-5100 or email [email protected].