Since 2020, we have been working closely with Caucasus School of &nbsp;Business, providing them with financial management service to support them navigate the complex financial landscape of the education sector. As a leading business school in the Caucasus region, Caucasus school of Business has a unique set of challenges and opportunities when it comes to financial planning and management. We recognized this from the outset and worked closely with their team to gain a deep understanding of their needs and goals. This allowed us to develop customized financial tools and plans tailored to their specific context and objectives. One of the critical tools we used in our work with Caucasus School of Business was financial modeling. This involved creating detailed projections and scenarios based on historical data, market trends, and other relevant factors. By using advanced financial tools and techniques, we were able to help them make informed decisions about their future financial direction and investments. We also closely monitored their cash flow on a weekly basis to ensure that their financial resources were being managed effectively. This allowed us to identify potential issues early on and provide timely recommendations to help them stay on track. We also monitored the company's progress, closely monitoring key performance indicators and identifying areas where they could improve their financial performance. We helped them stay on course and achieve their goals by providing regular updates and recommendations. Overall, our work with Caucasus School of Business has been a rewarding and mutually beneficial partnership. By combining our expertise in financial modeling and financial management with their unique insights into the education sector, we were able to develop effective and sustainable financial plans that have helped them to achieve their goals. We look forward to continuing our work with Caucasus School of Business and supporting them as they navigate the ever-changing financial landscape.

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Caucasus School of Business

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If you need improved budgeting with cost-optimization scenarios, SavvY's Financial Management service is exactly what you are searching for. We can also collaborate as an after-merger mediator and pass the company's interests through internal stakeholders, such as executive managers and shareholders.&nbsp;In more detail, we act as an outsourced CFO to set short-term financial objectives by budgeting future funds flows point by point. After this, SavvY Team maintains dynamic client engagement through periodic meetings and managerial reports designed based on the company's internal necessities. To monitor achieving targeted KPIs, we generously share our experiences and advice regarding different ongoing operational fields, such as profitability margins, pricing policy, trade receivables &amp; payables, etc.<img src="/uploads/Slide1_833796685a.PNG" alt="Slide1.PNG">

What we offer

 Financial Management

Financial reporting service typically refers to the process of preparing and presenting financial information to stakeholders, such as investors, creditors, regulatory authorities, and internal management and play a crucial role in providing accurate and timely financial information that enables decision-making and facilitates transparency and accountability.&nbsp;Financial reporting service involve the preparation of financial statements, including the balance sheet, income statement, statement of cash flows, statement of changes in equity, additional notes. The service involves collecting financial data from various sources within an organization, such as accounting systems, ledgers, and other financial records and then analyze and organize the data to create meaningful financial reports.&nbsp;Financial reporting services may include analyzing financial statements to extract insights and assess an organization's financial performance, profitability, liquidity, and solvency. This analysis often involves ratio calculations, trend analysis, and benchmarking against industry peers.Entities that require accurate and timely financial information for decision-making purposes and compliance with regulatory requirements and compliance with relevant accounting standards might benefit from Financial reporting service.In overall, financial reporting service will be beneficial if you need to be supported in preparing financial reports and analysis for internal (such as budgeting, forecasting, and performance evaluation) or external use, as well as maintain transparency, make informed decisions, meet regulatory obligations, and communicate the financial performance effectively to stakeholders.<img src="/uploads/website_13_2c13119d7c.png" alt="Financial reporting.png">

When you need us

Financial reporting specialist represents the Floating CFO of the company, that is a part -time independent CFO engaged in financial management of financial reporting as well as operational level financial recommendations. This service is very effective for the C level executives and shareholders, who own a standalone or a group or companies and want to periodically receive independent and non-partial advice regarding the financial performance, stability and direction of the company.&nbsp;The aim of the service is to improve and standardize financial control, management, accounting, and reporting systems.This service typically offers support in the range of directions to assist you with the financial reporting needs. While the specific offerings may vary based on your clients’ needs, here are some common directions that financial reporting services might offer:<h2 style="text-align:justify;">Financial Reporting</h2><ul style="list-style-type:disc;"><li style="text-align:justify;">Prepare monthly financial reporting package for all active projects&nbsp;of company via checking the completeness of the financial information in the financial software and Revenue Services</li><li style="text-align:justify;">Communicate financial progress of the investment project to the management</li><li style="text-align:justify;">Monthly reporting on the financial performance for the company and across projects including:&nbsp;</li></ul>• Forecast vs actual analysis• Impact on ROE&nbsp;• Major financial achievements&nbsp;• Drawbacks<h2 style="text-align:justify;">Cash Flow Management</h2><ul style="list-style-type:disc;"><li style="text-align:justify;">Preparation of monthly cash flows from the bank statements across all investment projects and management company</li><li style="text-align:justify;">Preparation of quarterly operating and capital expenditures budget for the company&nbsp;</li><li style="text-align:justify;">Comparison of the actual cash flows to the operating and capital expenditures budget with the relevant comments on deviations (Budget vs actual)</li><li style="text-align:justify;">Prepare quarterly/on demand equity disbursement schedule for each portfolio investment company</li></ul><h2 style="text-align:justify;">Financial Reporting Policy Development</h2><ul style="list-style-type:disc;"><li style="text-align:justify;">Create uniform accounting and financial reporting policy for the company</li><li style="text-align:justify;">Communicate with the accountants to support the company with the solutions to maintain IFRS compliance financial reporting</li><li style="text-align:justify;">Communicate with relevant Regulatory Authorities</li></ul>

Financial Reporting

Natia Goliadze

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Our collaboration with SavvY has been going on for four years. The company SavvY comprises a responsible team that fulfills its obligations. Their professionalism and passion for their work distinguish them from other companies in the market. 
Within the framework of our cooperation, we successfully created and managed the financial structure of the Caucasus School of Business, organized the accounting statements, and elevated the school to a higher level in all aspects.
Confidently recommend SavvY and assess the company with the highest standards.

Financial Management in Caucasus School of Business