Private Sector Interim Financial Management Case Studies

Credit control expert — Europe

Multi-national logistics business

Poor cash management performance across the European Region has resulted in a plan to set up a Shared Service Centre for Credit Control. An interim who is an expert in credit management was brought in to manage the transition and to share or introduce best practice.

Finance Director — Company sale

Publishing

The company was in mid-negotiations to sell its share of a joint venture to its American partner when the FD suddenly resigned. An Interim FD started within 24 hours and discovered incorrect share registration and chaotic management and financial accounts. The Accounts team was reorganised and strengthened, the records corrected and brought up to date and the company sale successfully completed.

Turnround team

White goods manufacturer

A £100 million, 1000 employee manufacturing business supplying major retail outlets supplemented its turnaround team with a number of key interim appointments. These included both the Interim Finance and Manufacturing Directors. Further appointments included an Interim Credit Controller. Major downsizing, site closure and refocusing on profit and quality led to major improvement and return to profitability.