Among our CFO services:
Establishment of best practices for finance related processes, including complex sales cycles, purchasing, payment, travel, employee guidelines and more.
Establishment and maintenance of the company budget.
Participating in Board meetings and relevant committees.
ESOP maintenance.
Dynamic revenue modeling.
Project financing.
Preparation of employee personnel files, including benefit plans, ESOP policy, salespersons’ commissions.
Examination of Government grant opportunities: Chief Scientist Office, approved enterprise, BIRD Foundation and others.
Ongoing meetings with the Company CEO for knowledge & experience sharing.
Maintenance of insurance coverage (office, D&O, liability).
Participation in process of decision making regarding internal accounting/billing system.
Participation in process of International Tax planning.
Set up and maintenance of long term contracts, bank accounts, employment contracts, lease contracts, including negotiations.
Managing due-diligence processes.
Set up of incentive plans.
Set up of foreign offices including finance, legal, banks, etc.
Controller Services
Nextage’s team includes a top quality group of controllers, accountants and bookkeepers who manage day-to-day business functions for organizations including:
Assistance with the construction and implementation of reports to management and shareholders.
Monthly reporting P&L, Balance Sheet and Cash flow analysis.
Year-end closing
Preparation of financial statements
Preparation of annual tax report working papers and calculation of non-deductible expenses for audit
Cash Reconciliation Reports
Preparation of board packages.
OCS reports.
Board presentations.
Governing billing and purchasing cycle.
Stock Option administration, accounting and taxes.
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Core Services
Bookkeeping and Payroll
Computerized tracking of all incoming invoices.
Ongoing bank and credit-card reconciliations, Odfot treatment.
Preparation of salary slips at the end of the each month.
Payment processing: income tax, social security, insurance, Keren Hishtalmut".
Handling ongoing matters vis-à-vis various authorities.
Preparation of bank reconciliations
Supplier payments
Inventory Reconciliation
Credit Card and Bank Reconciliation
Utilizing the right blend of CFO’s, controllers and accountants, Nextage provides an integrated, scalable outsourced finance organization. Our advantages go beyond saving on costs and managerial attention, we save your company’s executive and operational staff valuable time. Through the years we’ve shaped a network of solutions & connections to create an ecosystem that hosts and facilitates the growth of many companies.
Scalable solutions- Each company is different and when it comes to finance and corporate practice the saying 'one size fits all' doesn’t hold true. Nextage provides scalable solutions and we change and expand our services as your organization’s needs dictate.
Procedure management- We work with specialized tools for procedure management which we establish as part of the work methodology for client companies. In this manner, we make sure organizations close technological gaps having to do with management of finance from very early stages, saving you time and future costs.
Financial Management Tools
Utilize our Cash Management System to lead your company with financial efficiency and control.