021 44 88 193 hello@creativecfo.com

Our Services

Financial Systems

We implement the best cloud based financial software to provide a solid foundation for your business growth

Accountancy and Tax

We provide accounting services to cover tax submissions as well as advice on financial queries relevant to your business

Project Consulting

We assist on a variety of operational and financial issues with a multi-disciplinary team including CA’s, management accountants and financial analysts

Our Work Flow

 

Business analysis

We take the time to understand your business and map out your operational and financial requirements

Systems implementation

Based on our analysis we build a new financial system from the ground up, ensuring business owners get a solid foundation for business growth and financial clarity

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Operational rollout

We work with the owner and team to make sure that the full benefit of the new system is realised and that the financial reporting is relevant and useful

Frequently asked questions

What kind of clients do you work with?

We focus on high growth, small to medium enterprises (SME’s), from single entrepreneurs and professionals to companies with several employees. Our clients span a range of industries such as academic, IT, design, software development, online services, law, psychology, music, social enterprise, retail and small manufacturing.

We find our services have the greatest impact when companies are up and running, being funded by sales or investors, and have an urgent need for greater financial clarity plan their investment, growth and strategy.

How long does it take to set up new financial systems?

From our side we can implement a new financial system, and have you invoicing, in under a month.

What increases the setup time, and complexity, are the integration of exiting operational processes and systems, such as point of sale (POS), payment gateways, stock management. We have had setups stretch over 4-5 months as we review, improve and integrate the processes.

We also take the time to train relevant personnel for their role in the new software, which can stretch over a number of months.

What does it cost?

We have chosen to bill on an hourly rate given the transparency it provides our clients. Our standard rate is R500/hour.

There are two aspects to our client billing:

  1. Systems implementation – a fixed allocation of time to perform the business analysis, implementation and operational rollout of your new financial systems.
  2. Routine accounting – a monthly retainer to cover mandatory tax submissions, questions and queries as well as operational support in the form of book keeping, management meetings, etc.

We find the retainer approach smoothes cash flow and encourages clients to be in touch without worrying about surprise invoices.

All time estimates are tailored to the individual business, based on our experience of comparable setups, so please be in touch and we can provide a quote.

How are you different from other accounting firms?

Two major differentiators:

1) We truly understand our client’s business by implementing the systems that drive them

Most professional service providers claim to understand their client’s business, but in reality are just not involved in the day to day operations enough to achieve that intimate level of knowledge.

As we go through our workflow to build your financial systems we absolutely have to understand your offering, your operations and how your business works.

Post implementation, on an ongoing basis, we are then well placed to offer quality professional services, be a sounding board and advise on new processes you can implement which also ensures we are up to date.

2) We act like consultants to align your business interests with ours

Rather than behaving like external service providers we act like internal partners and look to get involved in your business to ensure the finances and operations run like they should be.

We have workshops with clients to run through particular areas of concern and put our heads together to come up with the best solutions.

Do you do book keeping?

We are focused on improving all operational aspects that contribute to the financial well being of our clients. Good book keeping is one of them, and there are several others.

When there is an operational function, like book keeping, that we can offer at a competitive rate (rather than you hiring in, for example) we would look to add hours on to the retainer to ensure that it gets done, properly.

These time allocations can shift at a months notice, depending on your needs or internal capacity.

Can you do personal tax returns?

For our business clients, we usually take over the personal tax returns as well as part of our package.

When we are contacted on an ad-hoc basis to assist with a personal tax return we would always recommend trying Tax Tim first. It’s an affordable online service aimed at helping individuals complete their return. If you still get stuck, feel free to drop us a line.

Get in touch.

If you are interested in our services, please send us a message and we will get back to you as soon as we can!

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