CFO Testimonials
What our clients say...
"Lightwave Architecture has been on an aggressive growth strategy since FY2007... during this time we have seen revenues grow by 500%... however this also meant staff and the overall complexity of the business grew exponentially. Whilst I was ecstatic about the revenue growth, I was feeling a little apprehensive about cash flows, whether in fact I had full control of the business and I was spending more of my time on ad-hoc management issues than I wanted.
Philip was referred by my business coach, Paul Crane of Shirlaws to help me get my arms around the business.
Philip has implemented various systems and processes into my business that has given me the confidence I had been looking for... sure business is still a challenge, although I feel I have a much better handle on it.
Some of the more obvious processes are in place now e.g. rolling operational budgets, monthly financial meetings comparing variances. In addition we now understand our lead indicators, i.e. economic forecasts, developed 'what-if' scenarios and considered potential strategies, divisional budgets to help with staff delegation and accountability, and our financing options are in place. Now the information is presented to me, not me having to chase.
Additional benefits I had not anticipated is having someone help with staff support and training, the transfer of knowledge, and a sounding board who understands the numbers of my business.
Also I had not realised the opportunity cost of me spending my time in these areas... this was impeding the growth of my business.
All in all a really productive partnership".
Mark Walsh
Principal Lightwave Architecture