Financial Performance Management (Covering Financial Analysis and Monitoring )

Based on our experience it is noticed that the Owners / CEOs and Senior Managers depend too heavily on the external Accountants for Financial Planning & Decision Making. Lack of knowledge of Financial Management & Financial Engineering, is one of the major ills that has plagued performance of SME units, especially in the Indian Context. Realizing this limitation, V3C3E3 group has set a panel of Finance Experts & Engineering Professional that guides and manages ‘Financial Engineering’ aspects of the SME units, based on their guidance & hand-holding. This panel has helped many units to improve Financial Results on account of sound and sensible advice from such panel experts.

Financial Control Systems & MIS

A process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purpose in accordance with generally accepted accounting principles. This is the need for every organization the world over but especially for SME segment organizations in India. Many SME segments organizations lack the requisite financial discipline and hence there are many hurdles in the operations. V3C3E3 panel of Experts from both Financial Engineering & Management disciplines address such issues & help SME leaders to constitute such controls & disciplines to improve Operational effectiveness.

Costing Methods / Cost Accounting & Cost Control

Cost & Management accounting provide lot of useful information about costs for products, inventories, operational expenses for various functions and compares actual to predetermined data. It also provides a variety of data for many day-to-day decision as well as essential information for long-range decisions. However it is noticed that most of the SME units do not have systematically developed Costing & Management Control Systems. V3C3E3 Team members have many years of experience & expertise to conceptualize, develop and implement such Costing Systems and they can effective Costing & Cost Control Systems for SME units.

Operational & Management Audit

Management & Operations Audit are independent & judicious examination of organisation structure, operational functions, analysing goals, plans, policies, activities, weaknesses, decisions made & evaluation of earning capacity of the Unit. Management & Operations Audit help set up policies and objectives in view of changing environment, competitors strategies, change in technology, consumers preferences etc. This audit is to ensure that if the activities go astray then they put back on the intended track. SME segment organizations are not, at times, even aware about such matters. V3C3E3 Team can make judicious use of their knowledge and guide the owners / CEO for better Management & Operations Control.

Feasibility & Technical Evaluation Studies

Feasibility study Is a study undertaken, before the project starts, to assess the chance of project’s success. TEV indicates Techno-Economic Valuation (TEV) of a funding / project proposal after assessing the Business Environments from various angles considering the current Market Opportunities. TEV reports are generally requisitioned by the Bankers before they decide to accept financial proposals from the SME units. V3C3E3 as a Consulting Organization are appointed as TEV panel members by more than 7 Banks & Financial Institutes. Team members have adequate experience to provide right assessment and appropriate financial advice to the SME unis.

Due Diligence for M & A / Joint Ventures

Due diligence is a process of verification, investigation, or audit of a potential deal or investment opportunity to confirm all relevant facts, technical, marketing, legal & financial information, and to verify anything else that was brought up during an M&A deal or investment process. Due diligence is completed before a deal closes to provide the buyer with an assurance of what they’re getting. Transactions that undergo a due diligence process offer higher chances of success, since it ensures informed decision making by enhancing the quality & authenticity of information available to decision makers. V3C3E3 team members have the required knowledge, maturity and wisdom to effectively carry out the due diligence & help M&A process.

Identifying Funding Agencies (Covering Strategic Sources for Funding / Financing - Angel Funding / Bank Finances / Investors )

One of the critical & important need for the SME units is to be able to generate requisite funds as & when the unit needs additional Funds & Cash flows. For the Owners & CEOs of SME units may not have the necessary expertize & experience to manage such needs for funds with short notice of time. In such situations V3C3E3 team can provide the effective support for the Owners & CEOs of the SME Units to organize access to such funds. V3C3E3 has tied up with few Bankers & Financial Institutes and are in position to provide such services to SME segment.