CEO: How much time you save with an outsourced CFO
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As a CEO, you have a tremendous responsibility for the success and development of your company. Every decision directly impacts the direction and growth of the company. But how do you ensure that the financial side remains in good shape and supports the business? Many CEOs may think that financial management is unnecessary, but in […]
A clear view of SaaS operations through finance
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The reason for the unclear view is often due to scattered data. There may also be discrepancies between contract content and accounting guidelines. Do you need a skilled partner for your growing or cost-saving SaaS company? SaaS companies require strong financial expertise to remain competitive and achieve their goals. Finaly specializes in providing just that: […]
Meet our Finaly team member – Sampsa
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Sampsa Rönkkönen, MsC, CFO at Finaly, Co-Founder What does financial management mean to you? To me, financial management means knowing where we are heading. People, and the entire organization for that matter, need to understand how their actions and decisions impact the overall business. Especially key personnel need to have a deep understanding of their […]
Preparing for the Financial Statements from the Perspective of a CFO
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The financial statements are an official and formal report related to a company’s fiscal year, ending at a specific date, presenting the financial position of the company. It includes the income statement, balance sheet, cash flow statement, and accompanying notes. Typically, the fiscal year in Finland follows the calendar year. The financial statements provide a […]
This Christmas, we are supporting the mental health work for young people by Mieli ry
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This year, we decided to allocate all of Finaly’s Christmas gift funds to support the mental health work for young people by Mieli ry. In this way, we are contributing to ensuring that no young person is left alone with their troubles. As stated on Mieli ry’s website, mental health should be discussed and spoken […]
Meet our Finaly team member – Nelli
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Nelli Neilimo-Leskinen, CFO at Finaly What does financial management mean to you, Nelli? Leadership is about influencing, and financial management is about influencing the operations of a company or organization through financial expertise. How would you describe yourself as a CFO? I consider myself business-oriented and enjoy working closely with the CEO and the team. […]
Company Budgeting – Tips from the CFO
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“At all times, it’s worthwhile to sit down and contemplate the future” – this is how we see it at CFO firm Finaly. Of course, meetings shouldn’t be held just for the sake of it. Company budgeting is a desired direction that is turned into actionable tasks that are managed. The company’s budget is a […]
Meet our Finaly team member – Henri
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Henri Kilpeläinen, M.Sc. (Econ), CFO Consultant and Finance Director What does financial management mean to you, Henri? Financial management to me means ensuring the profitability and liquidity of the company. The most important task of a finance director is to stay up-to-date on the current and future state of the company’s business and to be […]
B2B SaaS (Business-to-Business Software as a Service) company financial reporting and key metrics – What matters?
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Do you want up-to-date and reliable financial data to support your decision-making? The more reliable the picture of the company’s management, the more valuable the company is. To support this structure and approach, you can hire an outsourced CFO, part-time. Our service includes having our CFO consultant involved in updating business forecasts in collaboration with […]
The Company’s Key Metrics – What Are They and How Should the Right Metrics Be Chosen?
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When considering a company’s KPIs and metrics, the most important aspect is that they support decision-making, facilitate insights, and provide a forward-looking perspective. It’s also crucial to ensure that key metrics are clearly communicated throughout the organization. The most important KPIs for a company depend on its industry, goals, and strategy. There is variation among […]