Services
Finance
Alignment – Strategy – Growth
Our services
Are you looking for a trusted advisory partner to help your organization build a strong financial foundation? Do you need assistance with financial planning, budgeting, and forecasting to ensure efficient resource utilization and achieve long-term objectives? Or are you facing challenges such as assessing financial feasibility, restructuring debt, or needing an accurate business valuation to make strategic decisions?
At the same time, are you eager to strengthen your team’s capabilities through specialized financial training and coaching programs, equipping your staff with the necessary skills to contribute more effectively to the company’s growth?
Explore our service packages below:
Quotation process and service fees
To prepare and send a quotation to you, we kindly request that you provide certain relevant information using our template and/or through in-depth discussions. Based on the collected information, we will analyze your specific needs and requirements in order to:
- Assess the feasibility of the service: Determine whether we can deliver services that meet your needs appropriately and with assured quality.
- Advise on optimal solutions: Recommend alternative solutions (if any) to help optimize efficiency and costs for you.
In cases where we are able to support you, we will propose a reasonable fee based on:
- The estimated workload of the project.
- The professional qualifications of the personnel involved.
Estimated timeframe for completion: This quotation process will be completed within 12 to 24 hours after receiving your request.
Frequently asked questions
1. Why does a business need financial planning, budgeting, and forecasting (PB&F)?
Financial planning and forecasting enable businesses to proactively manage cash flow, control costs, assess financial performance, and build sustainable financial strategies.
2. Does the financial process review & optimization service help businesses save costs?
Yes. This service helps identify and eliminate inefficiencies and gaps, optimizing operating costs and improving financial management control.
3. What are the signs a business needs a financial health check?
Businesses should conduct a financial health check if they experience:
- Cash flow issues: Frequent cash shortages, reliance on short-term borrowing.
- Profit decline: Lower margins without clear cause, rising revenue but stagnant profit.
- Rising operating costs: Increased loan costs, overhead, or poor asset utilization.
- Unstable revenue growth: Sudden drops, unsustainable growth, or overreliance on key clients.
- High debt: High debt-to-equity (D/E) ratio, heavy repayment pressure.
- Inefficient financial processes: Manual, outdated systems, or unclear financial reporting.
- Compliance issues: Late filings, tax risks, or failure to meet accounting standards.
- Major decisions: Preparing for expansion, fundraising, or restructuring.
If one or more signs are present, a financial health check is essential to detect issues early, adjust strategies, and ensure sustainable operations.
4. How can a business improve financial performance?
To improve financial performance, businesses need to implement a series of measures ranging from cash flow management and cost optimization to enhancing operational efficiency. Below are some key solutions:
1. Effective Cash Flow Management
- Maintain detailed cash flow reports and closely monitor inflows and outflows to avoid shortages.
- Build accurate cash flow forecasts to ensure proper payment planning.
- Shorten receivables collection periods, apply flexible payment policies, and offer incentives for early payments.
- Manage inventory levels carefully to avoid excess stock that ties up capital.
2. Cost and Capital Structure Optimization
- Review all operating costs and eliminate unnecessary expenses without compromising business activities.
- Negotiate better payment terms with suppliers or seek alternative sources.
- Build a balanced capital structure, avoiding over-reliance on debt to reduce financial pressure.
- Manage financial leverage effectively, keeping the debt-to-equity (D/E) ratio at a reasonable level.
3. Enhance Business Efficiency
- Focus on high-margin products or services, optimizing the product portfolio.
- Boost revenue through market diversification or developing new sales channels.
- Improve production and business processes to lower operating costs and increase productivity.
4. Improve Financial & Accounting Systems
- Apply financial technology (FinTech) to automate accounting and financial reporting processes.
- Regularly review financial processes to identify weaknesses and implement improvements.
- Ensure transparent accounting systems, with financial reports accurately reflecting the company’s situation.
5. Conduct Regular Financial Health Checks
- Perform regular financial assessments to adjust strategies in a timely manner.
- Monitor capital usage, investment effectiveness, and key financial ratios.
- Periodically review financial risks to ensure the company has sufficient resources to handle market fluctuations.
6. Restructure Finances if Necessary
- Develop a debt restructuring strategy, negotiating with banks to reduce interest rates or extend loan terms.
- Consider raising capital from new sources, such as equity investments or strategic partnerships.
- Divest from underperforming investments to focus on core business areas.
- Improving financial performance requires a clear strategy, close monitoring, and flexibility to adjust at each stage. Businesses need to combine multiple measures simultaneously to achieve stability and sustainable growth.
5. How often should a business perform a financial health check?
Typically at least once a year, depending on company size and industry, to timely adjust financial strategies.
6. How is a financial health check different from financial due diligence (DD)?
Both the Financial Health Check and Financial Due Diligence (DD) are financial assessment services, but they differ in purpose, scope, and execution.
Purpose:
- Financial Health Check: Evaluates the overall financial condition, identifies issues, and provides improvement measures.
- Due Diligence (DD): Focuses on verifying and thoroughly assessing the financial status to support investment, acquisition, or merger (M&A) decisions.
Scope:
- Financial Health Check: Primarily examines cash flow, capital structure, profitability, and financial management efficiency.
- Due Diligence (DD): Has a broader scope, including a review of financial data, contracts, legal obligations, taxes, and potential risks related to the transaction.
Target Users:
- Financial Health Check: Suitable for companies aiming to assess and improve their financial health for more efficient operations.
- Due Diligence (DD): Suitable for investors or partners looking to assess a business before making significant investment, acquisition, or merger decisions.
Frequency:
- Financial Health Check: Can be performed regularly to monitor and enhance financial performance.
- Due Diligence (DD): Typically conducted only when there’s a specific investment or major transaction need.
Outcome:
- Financial Health Check: Provides an evaluation report with recommendations to optimize financial operations.
- Due Diligence (DD): Delivers a detailed report on financial risks and their implications for transaction decisions.
Summary: A Financial Health Check helps businesses proactively manage their finances and optimize operations, while Due Diligence (DD) is a crucial tool to ensure transparency and minimize risks in investment and M&A deals.
7. What factors influence a company’s valuation?
When valuing a business, many factors influence its actual value. Below are the most important ones:
1. Financial Factors
- Revenue and Profitability: Businesses with stable revenue and high profits are generally valued higher.
- Free Cash Flow (FCF): The ability to generate positive cash flow indicates a strong financial foundation.
- Capital Structure and Debt: A high debt-to-equity ratio can reduce value due to increased financial risk.
- Quality of Financial Statements: Transparent, independently audited financial reports enhance valuation credibility.
2. Operational and Business Factors
- Competitive Advantage: Strong brands, proprietary technology, or high entry barriers often increase business value.
- Industry Growth Rate: Operating in a high-growth industry raises a company’s valuation potential.
- Cost Structure and Operational Efficiency: Businesses that optimize costs and maintain high profit margins are more attractive to investors.
- Customer and Market Diversification: Companies with a broad customer base and low dependency on specific clients reduce business risk.
3. Market and Macroeconomic Factors
- Economic Conditions: Economic downturns or high inflation can negatively impact business value.
- Industry Trends: Companies in sectors experiencing strong growth (e.g., technology, renewable energy) often command higher valuations.
- Competitive Landscape: In highly competitive industries, intense rivalry can put downward pressure on valuation.
4. Governance and Legal Factors
- Leadership and Management Team: Experienced, strategic leadership boosts business value.
- Legal Compliance: Companies with a clean legal record and no ongoing disputes are valued more highly.
- Ownership Structure and Shareholder Rights: Transparent ownership management and clear strategies enhance investor confidence.
5. Valuation Method Used
- Discounted Cash Flow (DCF) Method: A business is valued higher if its future cash flows are projected to be stable and growing.
- Comparable Multiples (P/E, EV/EBITDA): Valuation can be influenced by how the company compares to industry peers.
- Net Asset Value (NAV) Method: Businesses owning valuable assets may have valuations above market averages.
Summary: A company’s value is shaped by a combination of financial, operational, market, governance, and methodological factors. To achieve an accurate valuation, it’s essential to objectively evaluate these elements in alignment with the company’s real-world situation.
8. What key criteria should be used to assess a company’s finance department?
Assessing the finance department requires examining multiple criteria to ensure efficient operations, transparency, and strong support for the company’s business strategy. Below are the key evaluation criteria:
1. Financial Management Effectiveness
- Quality of Budgeting and Financial Forecasting: The finance team should be able to develop accurate, realistic, and flexible budgets.
- Cost Control and Cash Flow Optimization: Effective financial management enables cost control and maximization of free cash flow.
- Profitability and Profit Management: Evaluate the ability to maintain and sustainably increase profitability.
2. Accounting Systems and Financial Reporting
- Accuracy and Transparency of Financial Reports: Check for timely, precise, and transparent reporting that complies with accounting standards (IFRS/VAS).
- Reasonableness of Accounting and Tax Policies: Assess adherence to and optimization of tax policies to avoid legal risks.
- Ability to Analyze and Use Financial Data: Determine whether the finance team can leverage financial data to support strategic decision-making.
3. Financial Risk Management
- Internal Controls and Financial Processes: Assess the rigor of internal control systems to minimize fraud and errors.
- Debt and Payment Management: Examine the debt structure, repayment ratios, and risks of insolvency.
- Diversification of Funding Sources: Ensure the company has a balanced funding plan, avoiding overdependence on a single capital source.
4. Finance Team Competency
- Professional Skills and Experience: Confirm that the finance team has the necessary expertise and experience to manage the company’s finances effectively.
- Application of Financial Technology (FinTech, ERP, AI, etc.): Assess the level of technology integration to enhance financial management efficiency.
- Analytical and Strategic Advisory Skills: Ensure the finance department can go beyond number-crunching and provide financial strategy advice to leadership.
5. Alignment with Business Strategy
- Support for Business Strategy: Evaluate whether the finance department plays a proactive role in advising on and supporting strategic decisions.
- Adaptability to Change: Assess the department’s flexibility in responding to market fluctuations and adjusting financial plans accordingly.
Summary: Evaluating the finance department should not focus solely on numbers but also consider management effectiveness, reporting systems, risk control, team capability, and alignment with business strategy. A strong finance department helps a company optimize resources and achieve sustainable growth.
9. Is financial due diligence necessary for every M&A transaction?
It is almost always necessary, but the level of detail depends on the type of transaction, the company’s size, and the associated risks. Below are key factors to consider:
1. When is Financial Due Diligence Mandatory?
Financial DD plays a crucial role in most M&A deals, especially in cases such as:
- Large-value transactions: When the target company has high value, the financial risks are greater, requiring thorough financial DD.
- Acquiring companies with significant debt: To verify repayment capacity, debt structure, and financial obligations, avoiding post-transaction imbalances.
- Industries with high volatility: Sectors like technology, energy, or finance face rapid changes, requiring DD to assess cash flow and growth potential.
- Targets without independent audits: If the financial statements have not been audited, it is vital to verify the data to ensure transparency.
- Acquiring private companies or startups: Smaller firms often have less transparent financial systems compared to listed companies, making DD critical to confirm true value.
2. When Can Financial DD Be Simplified or Skipped?
There are cases where financial DD can be streamlined or may not be mandatory, such as:
- Intra-group M&A deals: If both companies already have transparent systems and strong internal controls, detailed DD may not be needed.
- Small transactions or strategic investments: For low-value deals with minimal financial risk, a quick review may suffice instead of a full DD.
- Listed companies with transparent financial disclosures: If the target has audited financials, it may be sufficient to review specific risks rather than conduct full DD from scratch.
3. Consequences of Skipping Financial DD in M&A
Failing to conduct proper financial DD can expose the buyer to major risks, such as:
- Mispricing the business, leading to overpayment or inaccurate valuation.
- Discovering hidden liabilities post-transaction, putting heavy financial pressure on the buyer.
- Unreported tax issues, resulting in legal disputes or unexpected costs.
- Weaker-than-expected cash flows, affecting post-merger financial planning.
Conclusion: While not every M&A deal requires full-scale financial DD, most significant transactions demand careful review to ensure transparency, avoid risks, and maximize transaction value. Even when DD is not legally required, investors should strongly consider conducting it at a level appropriate to the deal’s scale and nature.
10. How can a company manage financial risks during economic volatility?
When the economy is volatile, businesses face multiple financial risks such as declining revenues, currency fluctuations, rising interest rates, and difficulties in raising capital. To effectively manage these financial risks, businesses should implement the following measures:
1. Strengthen Cash Flow Management
- Accurate Cash Flow Forecasting: Track cash inflows and outflows closely; build various financial scenarios to prepare for market fluctuations.
- Maintain Safe Liquidity Levels: Ensure the business has enough cash or credit lines to sustain operations for at least 6–12 months.
- Tight Accounts Receivable Management: Shorten receivables collection periods and negotiate flexible payment terms with suppliers.
2. Control Costs and Optimize Resources
- Identify and Eliminate Unnecessary Costs: Restructure spending, focusing on high-value expenses.
- Optimize Operational Efficiency: Apply technology to reduce waste and improve operational performance.
- Renegotiate Supplier Contracts: Review payment terms and discounts to ease financial pressure.
3. Manage Interest Rate, Currency, and Inflation Risks
- Use Hedging Tools: Employ forward contracts or interest rate swaps to reduce currency and interest rate risks.
- Restructure Debt: Shift from short-term debt to long-term debt with stable interest rates to reduce financial strain.
- Diversify Markets and Supply Sources: Avoid overdependence on a single market to reduce macroeconomic risk exposure.
4. Strengthen Internal Controls and Financial Reporting
- Establish Strong Internal Control Systems: Prevent fraud and financial errors.
- Update Financial Reports Regularly: Ensure accurate data for timely decision-making.
- Leverage Financial Data Analytics: Use data analytics technology to identify trends and adjust strategies early.
5. Build a Flexible Financial Strategy
- Develop Contingency Financial Plans: Prepare for adverse scenarios like economic downturns or supply chain disruptions.
- Diversify Funding Sources: Combine loans, equity, and investment funds to ensure financial stability.
- Reassess the Business Model: Adjust business strategies if necessary to adapt to changing conditions.
Conclusion: Managing financial risks during periods of economic volatility requires businesses to be proactive, flexible, and equipped with a robust financial strategy. Tight cash flow management, cost optimization, currency and interest rate risk controls, and enhanced internal oversight will help businesses navigate challenges and achieve sustainable growth.
Brand commitment
Crowe Vietnam is committed to building and delivering on its brand personality, with the goal of fostering trust and providing an exceptional experience throughout our journey with clients and partners.
High professional quality at a reasonable cost
Crowe Vietnam is committed to delivering high quality solutions and services at reasonable costs, ensuring an exceptional client experience. We consistently strive for differentiation and continuously enhance the professional capabilities of our team to best meet the evolving needs of our clients.
Professionalism
All our work is carried out meticulously and professionally, both in form and content. We maintain clear and detailed processes and guidelines to ensure efficient organization and execution. Work quality is always our top priority, strictly adhering to professional standards and best practices, while upholding the highest level of professional ethics.
Integrity and Kindness
Consistency between words and actions is a core principle at Crowe Vietnam. We are committed to delivering exactly what we declare or promise to our clients, partners, employees, and stakeholders. We uphold strong business ethics and always prioritize the common good, never compromising our commitments or harming others’ interests for personal gain.
Compliance
We are firmly committed to strict compliance with the law, and we absolutely refrain from any unlawful or fraudulent activities. We implement stringent and effective control measures to prevent and deter any misconduct, ensuring transparent operations and adherence to ethical standards.
Efficiency
We place a strong emphasis on efficiency and optimization in all our operations, aiming to achieve objectives using the most appropriate methods, timelines, and resources. We continuously improve our service delivery processes and actively apply technology including digitalization, artificial intelligence, and big data to enhance operational efficiency and deliver an exceptional client experience.
Client and Partner Profiles
We aspire to collaborate with clients and partners who are committed to:
Kindness
Being ethical towards clients, employees, and partners through honesty, transparency, and respect for the legitimate interests of all parties.
Legal Compliance
Adhering to all relevant business regulations, including licensing, accounting, taxation, mandatory insurance, labor, goods, and environmental requirements.
Sustainable Development
Balancing profitability with the long-term interests of the community. Building a brand founded on trust and respect from clients and society.
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Seminars
With the aim of delivering exceptional services to our clients, Crowe Vietnam regularly organizes in-person seminars and online webinars featuring insights from our experienced professionals and esteemed guest speakers.
Note: The seminar schedule below is subject to change.
Overview of Crowe Vietnam
Why choose us for this service?
Choosing the right service partner is a key factor in ensuring both effectiveness and peace of mind. Here’s why Crowe Vietnam is the trusted choice for you.
Crowe Vietnam is a full member of Crowe Global, one of the world’s leading financial advisory and audit networks, operating in 150 countries with 798 offices. We are committed to delivering financial solutions that meet the highest international standards.
Our team of experts holds top-tier international certifications such as ACCA, CPA Australia, and ICAEW, and has extensive experience in financial planning, debt restructuring, and business valuation. We have successfully advised over 1,500 multinational and domestic clients in Vietnam.
Crowe Vietnam delivers financial advisory services through well-structured, in-depth processes covering budget planning, financial feasibility assessment, and workforce capability enhancement. We ensure clients receive exceptional service experiences and achieve optimal resource efficiency.
We are fully committed to maintaining the confidentiality of all client information. With rigorous internal control measures in place, all financial, budgeting, and strategic business data are safeguarded against any risk of data breach.
Through strong connections with the Crowe Global network, we support clients in financial planning and management not only in Vietnam but also across global markets. This helps clients navigate financial challenges in today’s dynamic international business environment.
We offer internationally standardized financial advisory services at the most competitive rates on the market, ensuring clients maximize economic efficiency in financial planning, management, and capability building regardless of business size.
Senior Personnel
