Financial Management Advisory

We assisted a company in preparing a comprehensive financial control report under SPRING Singapore's Innovation and Capability Voucher Scheme. Our analysis of three years of audited financial statements used variance and ratio analysis to identify inefficiencies and opportunities for improvement.

We recommended internal controls, project-wise budgeting, and cost management based on man-hours, along with action plans for variance monitoring and debt collection refinement to mitigate working capital risks.

Our consultancy emphasized ongoing financial analysis and operational efficiency, providing templates for continuous monitoring. Following our report submission, we successfully helped the client secure approved government claims, validating our recommendations and earning formal endorsement for our expertise in financial control.

As the appointed consultant, we prepared a comprehensive advisory report that met SPRING Singapore's Innovation and Capability Voucher Scheme requirements, enabling our client to secure full government claims.

Our engagement identified key cash flow and working capital challenges despite revenue growth, including delayed collections, insufficient factoring limits, and the impact of recent acquisitions.

We recommended increasing the factoring facility to S$3 million, negotiating progressive payment terms, and implementing a structured intercompany billing system.

Additionally, we proposed optimizing working capital through enhanced accounts receivable management, new banking partnerships, and advanced cash forecasting tools. These strategic measures strengthened the company’s financial resilience, and our impact was acknowledged with client appreciation post-engagement.

Our client’s successful application for SPRING Singapore's Innovation and Capability Voucher Scheme highlights our expertise in corporate planning and budgeting.

Engaged to strengthen the company’s financial and operational strategies, we identified key revenue streams and recommended restructuring into a private limited entity, optimizing marketing for brand growth, and securing exclusivity agreements with suppliers.

Our final report also outlined strategic expansion opportunities, including partnerships with established fitness platforms. To support growth, we developed action plans addressing manpower constraints and implementing robust financial controls for resource planning.

Financial projections guided our phased approach, incorporating break-even and sensitivity analyses for risk mitigation. Post-engagement, our client acknowledged the value of our advisory by providing a testimonial that affirmed the effectiveness of our solutions in enhancing business performance and achieving strategic goals.

We assisted our client in securing approved claims under SPRING Singapore’s Innovation and Capability Voucher (ICV) Scheme through a comprehensive business and financial assessment.

Our report included SWOT and Porter’s Five Forces analyses to identify weaknesses and expansion opportunities. Key recommendations focused on improving efficiency through staff training, IT implementation, outsourcing complex cases, and enhancing in-house secretarial services.

We developed a three-year growth strategy with practical solutions, supported by financial forecasts to drive revenue growth. The plan emphasized strategic service diversification, optimized case management, and continuous performance monitoring for sustained business success.