Role allocation
A matrix of tasks, approvals and responsibilities.
Decisions it supports
Reduce tasks without an owner.
Iter Advisors · Structuring the finance function
Financial operations
A finance function with clear responsibilities.
As files, tools and responsibilities accumulate, producing figures becomes a project in itself. Support organizes financial operations so your team has an agreed way of working.
An initial conversation to understand your situation and next steps.
01 · The right support
Do these situations sound familiar?
- The same data is re-entered into multiple files.
- Approvals and follow-ups rely on one person.
- Growth or a new entity requires clearer organization.
Financial operations organize data flows, responsibilities and the timetable for producing figures. For invoices, payments or reconciliations, the work starts by identifying who prepares, checks and approves. The Fractional CFO handles financial management and leadership decisions; the contract specifies work assigned to Iter and work retained by your team.
02 · Practical work
What you receive
Deliverables are agreed during scoping, according to your priorities and available data.
Finance calendar
Deadlines, dependencies and control points.
Decisions it supports
Coordinate the production of figures.
Procedures and data
Documented rules, defined access and shared templates.
Decisions it supports
Maintain the arrangement over time.
03 · An agreed method
How we work together
Map the work
Review flows, tools and tasks with the people carrying them out.
Organize
Agree responsibilities, documents and necessary controls.
Transfer
Test the process with the team, document it and track issues to correct.
04 · Responsibilities
Start with existing teams and tools
A project does not necessarily start with new software. Pain points, source reliability and the ability to maintain processes guide choices.
The scope distinguishes organization, accounting production and financial decisions. Every external task needs an owner, deliverable and approval process.
Explore our finance leadershipBudget
Define the scope before the quote.
The quote depends on processes, entities, tools and the required level of involvement. Possible migration and subscription costs are specified.
View CFO pricingA documented engagement
Opti Digital
ERP migration and structuring of the finance function. Support on complex tax and legal matters in conjunction with external advisers. Non-dilutive financing obtained. Participation in strategic decisions, including constructively challenging management's assumptions.
Build a reliable finance function and closing process while migrating the ERP, without diluting the founders to fund growth.
Read the case and its scopeYour questions
FAQ : finance organization
How does this differ from management control?
Finance organization concerns operations, data and responsibilities. Management control uses that data to analyze costs, margins and budget variances.
Do we need to replace our tools?
Not automatically. Mapping helps decide whether existing tools suffice, can work better together or justify a change.
Can we automate some work?
Yes, after clarifying sources, rules and controls. The project must cover exceptions, maintenance and human validation of results.
Prepare the next stage
Useful resources
Start with your situation
Which decision or deadline are you preparing for?
Describe your needs, current organization and calendar. We will identify useful work together.
Describe my needs