Azets supported a growing multi-entity property development and investment group by fully outsourcing its finance function, including FD-level support, creating a scalable and futureproof model for greater transparency, control, and sustainable growth.
Challenge: Outgrown systems, limited visibility and financial risk
The business had outgrown its legacy systems and in-house finance setup, which relied heavily on spreadsheets and manual processes. There was no consolidated financial visibility across entities, while significant delays and inaccuracies affected Board Packs and Bank Reports. Balance sheet errors and unreconciled accounts added further risk, alongside an overdependence on a single FD and a lack of documented processes. Leadership also lacked forward-looking cashflow forecasting and strategic financial advice, limiting commercial insight. The group needed a scalable solution to support growth, improve reporting, and meet bank and audit requirements.
Our solution: A fully outsourced, technology-powered finance function
- Provided the entire outsourced finance function, including transactional processing, reporting, treasury, and payments
- Migrated all entities to an integrated cloud-based system
- Resolved historical data issues and implemented robust internal controls
- Created tailored Board and Bank reporting, including debt covenant tracking
- Produced rolling two- to three-year, three-way cashflow forecasts, actively monitored and reviewed monthly
- Provided monthly reporting, commentary, and FD-level strategic advice
Through monthly reporting, commentary, and FD-level strategic advice, Azets embedded greater control, visibility, and forward planning into the group’s finance function.
Impact: Stronger control, lender confidence and scalable growth
- Clean, accurate, and timely financial reporting
- Strengthened internal controls and reduced operational risk
- Improved lender confidence through robust covenant reporting
- Cost savings delivered through the outsourced finance function and a more efficient model
- Strategic insight and forward planning now embedded into business decisions
- Positioned for growth with scalable finance infrastructure and ongoing expert support