Optimal Finance Solutions

Meet Our Founder: Harry Whittington With over a decade of expertise spanning finance, IT, and supply chain management, our founder, Harry Whittington, is passionate about empowering SMEs with the strategic financial leadership they need to drive sustainable growth and long-term profitability. As a CIMA-qualified Finance Director, Harry has built a strong reputation for leading transformative initiatives that enhance efficiency, cut costs, and improve bottom-line results. His extensive experience crafting long-term business strategies and implementing ERP systems allows him to offer expert insights to help businesses optimise cash flow, increase profitability, and achieve greater financial clarity. Ready to learn how Harry and the team at Optimal Finance Solutions can help elevate your business? Visit our website today!

Did you know that 51% of workers spend at least two hours per day on repetitive tasks? According to Formstacks Report 2022 State Of Digital Maturity, “51% of workers report spending at least two hours per day on repetitive tasks.” Even more notable is that of the organisations surveyed, “only 4% have reached the ideal of a fully automated and digitized workplace.” Don’t we believe it! Here at Optimal Financial Solutions, we work every day to help businesses achieve greater process efficiency. By working closely with SMEs to understand their current processes, our Fractional Finance Directors are able to use data-driven methods to uncover inefficiencies and create streamlined processes. The more efficient you get, the more time your employees can spend on the thing that matters most, growing your business! To find out more about how our Fractional Finance Directors can help your business cut costs and improve its operational efficiency, head on over to our website!

4 Reasons Why a Fractional Finance Director is the Smart Choice for SMEs: Outsourcing the financial leadership of your SME by bringing on a Fractional Finance Director can provide a huge strategic advantage, without the high price tag of a full-time CFO. Want to know why more and more SMEs are making the switch? Keep reading… 1: Cost-Effective Expertise: With a Fractional Finance Director, you gain access to senior-level financial leadership at a fraction of the cost, allowing you to allocate those resources where they’re most needed. 2: Flexibility: As your SME evolves, so do your financial needs. A Fractional Finance Director is flexible to your needs, offering scalable solutions to support your business on a short or long-term basis. 3: Unbiased Perspective: Outsourced financial leadership can bring a fresh perspective into your business, helping you to identify opportunities and spot inefficiencies. 4: Immediate Impact: With their extensive experience and industry expertise, a Fractional Finance Director can make an immediate impact on your business, improving your business processes and giving you a better understanding of your finances from day one. Outsource your financial leadership to unlock efficiency, savings, and strategic growth. Ready to see how it could benefit your business? Get in touch today.

Here at Optimal Finance Solutions, we know that good financial management isn’t just about handling the numbers – it’s about using data to help guide your business in the right direction. Our Fractional Finance Directors are experts in strategy development and business performance analysis. We delve into the data to help you understand how your business is doing, identify opportunities for growth and develop strategic plans that align with your business goals, taking your business to the next level. Ready to unlock your business’s full potential? Get in touch today!

Profitability vs. Cash Flow: What’s the Difference and Why It Matters Many businesses focus solely on profitability, thinking it’s the key to success. While profitability shows you’re making more than you’re spending, cash flow is just as critical to keeping your business running smoothly. Profitability measures your long-term financial success by showing how much you earn after covering all your expenses. But even profitable businesses can run into trouble if their cash flow – the money moving in and out of the company on a day-to-day basis —becomes tight. For SMEs, managing cash flow is vital. You might be profitable on paper, but if you don’t have enough cash to cover day-to-day expenses, like paying employees or suppliers, things can quickly go downhill. That’s why it's essential to keep a close eye on both metrics. Want to ensure both strong profitability and healthy cash flow in your SME? Our Fractional Finance Directors can help you balance these two financial pillars, ensuring sustainable growth for your business. Ready to take control of your business finances? Get in touch!

At Optimal Finance Solutions, our values of Flexibility, Innovation and Transparency are at the core of everything we do. We pride ourselves in being flexible, offering adaptable and scalable solutions to meet the needs of every client. No two businesses are the same, and neither are our services. Our commitment to innovation keeps us at the forefront of financial technologies, allowing us to leverage cutting-edge tools to provide data-driven insight and help our clients thrive in a competitive landscape. Finally, transparency is at the core of our client relationships. We prioritize clear, open communication, ensuring full visibility into your financial health and the strategies we implement. With us, you always know exactly where your business stands. Find out more about how our Fractional Finance Directors can help you over on our website!

Did you know that businesses believe the biggest barrier to growth heading into Q4 is the local economy? According to the FSBs Small Business Index, surveying businesses at the end of Q2, “Small firms once again pointed to the domestic economy as the most commonly-cited barrier to growth, picked by three in five small businesses (60.5%).” Being prepared for the ups and downs of the local economy is essential for small businesses. Building robust financial forecasts and taking control of finances can prepare your SME to thrive in challenging economic times. From financial audits to cash flow management, to financial forecasts, our Fractional Finance Directors are experts in helping SMEs succeed. With years of industry experience, our Fractional Finance Directors can help you take your business's financial planning to the next level, bringing you the strategic financial leadership you need to weather any storm. Is your business prepared for the challenges ahead? Get in touch today to discover how we can help secure your business’s financial future!

Why Hire a Fractional Finance Director Over a Full-Time CFO? For many SMEs, hiring a full-time CFO can be a significant financial burden that doesn't always match the business's needs. That's where a Fractional Finance Director comes in, offering flexibility and cost-efficiency without sacrificing expertise. Our Fractional Finance Directors provide high-level financial leadership on a part-time or project basis. This means you get all the benefits of a seasoned finance professional—strategic financial leadership, financial management and reporting, and operational support—at a fraction of the cost of a full-time CFO. This approach is ideal for growing businesses and SMEs that need financial expertise but don't require a full-time executive. Whether you're scaling up your business, navigating a challenging economic landscape, or simply need more control over your financial strategy, our Fractional Finance Directors offer bespoke support tailored to your needs. Ready to level up your finances? Contact us today!

Did you know that 94% of SME employees say they perform repetitive, time-consuming tasks in their role? (Zappier) But what kinds of tasks are they? According to Zappier’s 2021 report, surveying SMEs, the most time-consuming tasks for small business employees are: Data entry: 38% Document creation and management: 34% Invoice management: 33% Copying data from one source to another: 31% Here at Optimal Finance Solution, we know that by automating and optimising these time-consuming processes you could save your employees hours every day to work on the thing that matters most – building your business! Our Fractional Finance Directors and experts in process optimisation, using data and analytics to figure out the most important processes in your business, help you take control, and ultimately increase profitability. To unlock your business's full potential, get in touch today!

Financial Planning VS Budgeting: What's the Difference? Many people use the terms "financial planning" and "budgeting" interchangeably, but they play distinct roles in ensuring business growth and sustainability. Both are crucial, but they serve different purposes. - Budgeting is about setting short-term financial goals. It’s a tactical tool used to manage day-to-day operations by tracking income and expenses, ensuring you stay within your financial limits. Budgets are fixed and focused on specific periods like a quarter or year. - Financial Planning, on the other hand, takes a broader, more strategic view. It’s about preparing for the future. This involves projecting your business’s financial trajectory over the long term, assessing opportunities for growth, and planning for uncertainties. A financial plan includes everything from cash flow projections to long-term investment strategies. While budgeting helps you manage the present, financial planning ensures you’re building a sustainable future. Combining both is key to maintaining stability and driving growth. To find out more about how our Fractional Finance Directors can help your business with everything from Budgets to Cash-Flow to Financial Plans and Modelling, head on over to our website!