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8 Most Faced Challenges by SME’s in Structuring their Finance Function

Limited resources in terms of both finances and personnel can make it challenging to establish a comprehensive finance function.

Designing a finance function that can adapt and grow along with the business is crucial, but can be challenging to achieve.

Finding and retaining qualified finance professionals, especially in specialized areas like tax or treasury, can be difficult for SMEs.

SMEs often face a range of financial risks, from market risks to credit risks. Developing effective risk management strategies can be a complex undertaking.

Keeping up with rapidly evolving financial technology (FinTech) solutions can be a challenge for SMEs, who may have limited IT resources.

Aligning the finance function with the overall business strategy to support growth and profitability can be a complex task.

Staying compliant with a complex and ever-changing regulatory environment, including tax laws and financial reporting standards, is a significant challenge.

Ensuring the security of financial data, especially in the age of cyber threats, is a growing concern for SMEs.

By addressing these challenges and tailoring the finance function to the specific needs and resources of the SME, businesses can establish a strong financial foundation for growth and success.

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Some of our SMEs (Subject Matter Experts) have a global experience of 20+ years to help you adapt accounting and financial best practices within the shortest period, they have transformed 100s of businesses to achieve higher growth targets at optimal cost.

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Join this Masterclass if you want to Learn and understand how to:

  • Build your efficient finance function in your business using proven framework
  • Streamline your existing accounting process and finance function
  • Strategies that can help you to achieve upto 50% savings on finance function of your business
  • Reduce penalties and interest levies by GST and Income Tax Departments
  • Set up Compliance Management in areas like GST, TDS
  • Reduce the non-financial losses that are ignored by the business owners

Don’t Miss this opportunity to gain invaluable knowledge and learn strategies to take your organizations finance function to new heights.

Register now and embark on a transformative journey

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Here’s a glimpse of key takeaways from this Masterclass:

Proven Strategies

Proven Strategies

Discover battle-tested financial strategies employed by successful businesses.

Real-Life Case Studies

Real-Life Case Studies

Case studies showcasing organizations have elevated their financial performance.

Competitive Advantage

Competitive Advantage

Gain knowledge that can propel your business ahead of the competition.

Expert Guidance

Expert Guidance

Guidance by industry experts who have extensive experience in leveraging and setting up finance function of more than 1200 business houses.

Exclusive Content

Exclusive Content

Get access to valuable resources and tools that can support streamlining the finance function of your Business.

Q & A

Q & A

Get your burning financial questions answered by seasoned experts.

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COMPANY CASE STUDY

Hear it from The Participant’s Success Stories

The Company Background

UGAC Steels Private Limited (USPL) is a leading company incorporated in India in the year 2005. The Corporate is engaged in the business of manufacturing of mild steel. re-rolled steel, and other similar items.

Challenges

Faced significant challenges in cost management, leading to diminishing profits and potential compliance issues.

Impact Delivered

Implemented a comprehensive cost reduction strategy, resulting in a 20% increase in profitability and ensured full compliance with industry regulations.

The Company Background

QICE Technologies Private Limited (QTPL) is a leading company incorporated in India in the year 2012. The Corporate is engaged in the business of software and IT enabled services and other similar items.

Challenges

Struggled with cash flow management, hindering their expansion plans and causing instability in operations.

Impact Delivered

Restructured their cash flow processes, enabling QICE to secure new projects and increase their revenue by 30% within six months.

The Company Background

Founded in 2024, Plaxo Pipes and Films Pvt. Ltd. is the name to reckon with in the manufacturing and marketing agricultural, building and construction and infrastructure products.

Challenges

Faced challenges in optimizing their production costs while maintaining quality standards.

Impact Delivered

Our tailored financial strategies, helped to achieve a 15% reduction in production costs while enhancing product quality, leading to increased customer satisfaction and repeat business.

The Company Background

Pranam Creative Solutions Private Limited (PCSPL) is a private Limited Company which offers services, related to Computer and Mobile Softwares & Apps, Healthcare Software & Data Digitization

Challenges

Struggling to streamline their financial reporting for more accurate decision-making and faced challenges in Tax compliances.

Impact Delivered

Implemented an automated reporting system, providing with real-time financial insights resulting in 25% improvement in their decision-making process. The improvement financial reporting led to improved tax compliance mechanism

The Company Background

Ashwini Kidney and Dialysis Centre Pvt. Ltd. (AKDCPL) is a 33 bedded hospital which is the center of Excellence for Nephrology & Urology. It is a single speciality hospital with focus on renal healthcare services. critical care nephrology, hemodialysis and peritoneal dialysis.

Challenges

Faced challenges in managing their receivables and improving their cash flow cycle.

Impact Delivered

Reduced their average receivables period by 40%, resulting in improved cash flow and increased working capital.

Meet Your Mentor


CA Rushikesh Deshpande

“I am on a mission to help business owners to transform their finance function and accounting processes to save costs and improve efficiency.”

CA Rushikesh Deshpande

I will be your coach for the 3 hours helping you to understand proven frameworks to optimize your finance and accounts function

Over 5000 people rated my Masterclasss 4.57 Stars

  • India’s leading and most sought after Business Finance Coach who has coaching business owners to transform the finance function in their business.
  • Author of Best Selling Book on the contemporary subject of Knowledge Process Outsourcing “Dynamics of KPO, An Indian Perspective”
  • He is an inspiration, Mentor and Guide to over 10000 people and more than 1200 business houses.
  • Date: 24 Dec 2023
  • Duration: 120 min
  • Venue: Online ZOOM
  • Cost: 239/-


Bonuses If You Register

BONUS 1

BONUS 1

E book on “The CFO as a Services (CaaS) Buyer's Guide”

BONUS 2

BONUS 2

Budgeting Template

BONUS 3

BONUS 3

Cash flow Forecasting Template

BONUS 4

BONUS 4

Expense Approval Process Guide

BONUS 5

BONUS 5

Sample Financial Policy

BONUS 6

BONUS 6

SMART Goals for Finance Function

Still Not Sure? We got your Back!

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Our Guarantee

Get this amazing offer today for just Rs 239, and get a money "back guarantee. Join today, go through our masterclass and if you don't like it for any reason, simply send us an email and we'll refund every penny" no questions asked!

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Frequently Asked Questions

You will get an email right after you register. Do check the spam and promotions tab just in case it landed there.

Bonus 1, you will get it right after you sign up for Masterclass.

Bonus 2 to 6: you will get it, at the end of the Masterclass.

The fee is just to make sure to get a commitment from you that you will be there. It is not the value of the Masterclass. Attend the Masterclass and understand the value yourself.

This is a live Masterclass where Rushikesh Deshpande will be training. So no recording will be provided.

This is an investment in your business when you learn you grow. I strongly believe that every entrepreneur has a personal life and would want to make sure you are learning during your business hours as you implement what you learn here in your business.

Entrepreneurs and entrepreneurs only. If you have an existing business with products/services or a team and don’t know what is your next step in business then this is for you.

People from more than 190 industries have attended this Masterclass and 99.3% of them have said this is applicable for their business. So, yes. It is applicable no matter which industry you are in. Attend and find that out

No, attend only after you have an existing business.