Small Business | Finance
SME looking for guidance on various treasury and risk topics, with focus on scalable solutions for financial management.
Challenge
After significant growth an SME is looking for guidance on various treasury and risk topics, with focus on scalable solutions for financial management. It needs to be accompanied and advised to ensure financing cost is in line and risks are well understood and managed.
Solution
In close cooperation with YourBoard providing insight on the operation of the SME. YourBoard can advise on:
Treasury function: financial management and currency hedging
Risk assessment: in cooperation with the SME identifying Key Risk Factors, monitoring and controlling
Risk Governance framework guidance: customized to the needs of the SME
Review BCP framework (in cooperation with the SME subject matter experts)
Guidance on a ESR (Environmental, Social Risk) framework and best practice
Outcome
The insights gained from Your Board helped the board of the SME:
Negotiation of lending/facility lines with banks
Presentation of currency hedging options to board
Revision of risk management framework and clear risk responsibilities
Set of policies and guidelines for BCP
Set of policies and guidelines for ESR
The SMEs board can leverage the specialist “know how” of YouBoard” to increase the focus and improve the risk oversight of the SME.
Sometimes, all you need is an outside perspective.
Our consultants and advisors can start working with you to solve your challenges today.