So you don’t know the first thing about Feasibility Studies, Budgets, Purchase Order Systems and or Cash Flows, or you have been in business a couple of years now and looking to improve and streamline your internal systems and processes?
If you answered yes to any of the above let us help you put the correct systems and procedures in place.
We have identified the biggest risks to your event and have built the internal controls and relationships with the right suppliers to ensure you mitigate these risks as far as possible.
We have developed our systems and procedures with one aim in mind, and that is to streamline the finance side of your production and take the hassle out of accounting.
Through the experience we have built up over the years we are able draw up a monthly expense forecast for your event.
We take the budget and break it up into months depending on the length of your production, and forecast the payment requirements per month.
This allows you to plan your cash flow ahead and the turnover you need to generate to cover these expenses each month.
We place a high value on our integrity as a company and understand the sensitive nature of the information shared with us.
Lack of Feasibility Studies.
A feasibility study should be the starting point for every event, as it shows you how successful your event may, or may not be.
Fesibility study allows you to make informed descisions on expenditure and the correct ticket price for your planned event.
Ticket prices in the current economic climate of South Africa is crucial to the success of your event.
The feasibility study will tell you the following:
Lack of management over budgets and expense.
A production budget can easily spiral out of control if it is not managed correctly.That is exactly where a Purchase Order system comes in. Pre-defined approval chains are set up that each quote needs to go through before it can be signed off. We normally build in a certain % of contingency within the budget to allow for flexibility on specific line items within this set % of contingency. Before the event is launched you know exactly what your event expenditure will be and its our job to ensure your production stays within that budget.
Every single invoice sent through for payment is matched up with an approved purchase order to ensure you don’t spend more than what was approved.