We work as an outsourced financial controller for businesses with ₪1M - ₪50M annual turnover: payment calendar, management P&L, management balance sheet and cash flow forecast. Your accountant (CPA) keeps reporting to the tax authorities; we use the same data to build the numbers you manage by. Meetings in Hebrew or Russian, on Zoom or at our Petah Tikva office. First step: a free 15-minute diagnostic call.
VAT and income tax filings, annual statements and payroll.
Payment calendar, management P&L and a 13-week cash flow forecast.
This happens even with perfectly kept books. In most businesses revenue is booked when the tax invoice is issued, even if the client pays 60 days after month-end (shotef+60). Stock in the warehouse and loan principal repayments are not P&L expenses, yet the cash has already left the account.
So an owner needs two kinds of numbers. Your accountant prepares the reports for the authorities. The controller builds the payment calendar, profitability by line of business and a 13-week cash flow forecast.
The split mirrors the one between an accountant and a CFO, at the operational level: the controller keeps the numbers correct and ready every week, and strategic decisions stay with the owner.
We connect to your bookkeeping and bank accounts and build management reports from them. Ongoing support is a monthly retainer, from ₪3,500 + VAT per month.
Payments and collections by day: suppliers, payroll, VAT, loans and cheques. You approve payments in advance and know what will be left in the account.
A monthly report by branch, client, product or project: where the business earns and where it funds a loss.
How much cash is tied up in stock, how much clients owe and how much the business owes banks and suppliers.
An annual budget built with the owner and compared with actuals every month. Large deviations are explained in the same month.
A 13-week cash forecast reconciled with bank statements, so the reports match the money in the account.
Interim reports and a forecast when the bank asks. At a regular meeting we review the numbers with the owner and decide what comes next.
You don't have to change your software or your accountant. We work with what the business already has.
You tell us about the business, and together we check what data exists and what the owner is missing.
Access to the bookkeeping software and bank export files. We agree directly with your accountant which information is shared and when.
We map the bookkeeping accounts by branch, client, product or project and build the payment calendar and the first forecast.
Closing the data, management P&L and balance sheet, comparison with the budget and a meeting with the owner. The numbers are also online in financial dashboards.
The controller is responsible for correct numbers delivered on time. A CFO uses them to decide on pricing, financing, opening a branch or negotiating with banks.
A full-time CFO costs ₪35,000+ a month, and a business with ₪1M - ₪50M turnover does not always need one. An outsourced financial controller costs from ₪3,500 + VAT per month.
When questions of strategy and growth come up, you can add a fractional CFO who works from the same data.
Your accountant (CPA) reports to the authorities: VAT, income tax, National Insurance and the annual statements, for a closed period. A financial controller works for the owner: payment calendar, management P&L, budget vs actual and a cash flow forecast. Both use the same data.
The controller runs day-to-day financial control and keeps the numbers correct and on time. A CFO uses them to decide on pricing, financing, growth and bank negotiations; we offer that as a separate fractional CFO service.
No. Your accountant keeps handling reporting and the annual statements, and we work alongside them: we receive the data, agree the account structure with them and raise questions when something does not match the bank statements.
An outsourced financial controller costs from ₪3,500 + VAT per month. We quote the exact amount before work begins, based on the scope of your business. A full-time CFO, for comparison, costs ₪35,000+ a month. The first 15-minute diagnostic call is free.
Priority, Hashavshevet, Rivhit, Green Invoice (Morning) and iCount. Bank transactions come from your bank's export files (Leumi, Hapoalim, Discount and others).
Businesses with ₪1M - ₪50M annual turnover that have an accountant and orderly books but nobody turning the data into numbers for management. It helps most with several branches or projects, clients on deferred terms (shotef+) or stock.
Hebrew or Russian, on Zoom or at our office in Petah Tikva: B.S.R City, Tower I, 12th floor. Documents for the bank and your accountant are prepared in Hebrew.
Leave your details and we'll call you back for a free diagnostic call. No obligation.