Peter Charles

Delivering rapid results in difficult business situations - since 1996

[Peter Charles @Peter_Charles]

The finance function is equipped to measure growth, every month or so. What’s needed now is to measure cash, every week. #granularity

#crisismanagement
#seekingelephants
#emergencymanagement

[Peter Charles @Peter_Charles]

You're stuck, not sure what to do next, you've tried everything. You've got government support; listened to your advisors; applied for as many loans as possible yet still can't see how to survive after this lockdown.
When you're that stuck, talk to us, we’re volunteering.

[Peter Charles @Peter_Charles]

To go broke now or go broke later? We've seen that the answer is different for every business. We're volunteering to help. #doyouknowanyone
#crisismanagement
#seekingelephants
#emergencymanagement

[Peter Charles @Peter_Charles]

We’re not medics or engineers but do have the know-how and the tools to preserve jobs and livelihoods. We’re volunteering our help.

[Peter Charles @Peter_Charles]

“Everyone says a good project starts with support from the top. We say a good project starts with a good problem.” #gettingstuffdonewithoutpower

[Peter Charles @Peter_Charles]

Make supplier reconciliations part of ordinary life. Don't consider them an expensive add-on #duplicatepayment #seekingelephants

[Peter Charles @Peter_Charles]

A finance department posts an invoice number CRO77 then posts the same invoice as CR077. It happens! #duplicatepayment #seekingelephants

[Peter Charles @Peter_Charles]

The 3 factors relate to 1. A multiple of foregone fees; 2. an agreed quality target; and 3. a value target #successfee #seekingelephants

[Peter Charles @Peter_Charles]

A purchase invoice is unpaid, a furious supplier provides a certified copy but how does finance department stop duplicates? #duplicatepayment #seekingelephants

[Peter Charles @Peter_Charles]

Why does month and year end come as a surprise for finance functions requiring extra time and effort to complete? #machinelearning #seekingelephants

[Peter Charles @Peter_Charles]

Unlimited success fees create a feeling of unfairness. So for fairness, we use a 3 factor authentication #successfee #seekingelephants

[Peter Charles @Peter_Charles]

All finance departments make duplicate payments. Once a bailiff got paid on the day the invoice was paid through normal process #duplicatepayment #seekingelephants

[Peter Charles @Peter_Charles]

Seeing cash as the stock item that you must never run out of could transform your business #cashflow #seekingelephants #cashisking

[Peter Charles @Peter_Charles]

What gets measured gets fixed, so be careful what is to be incentivised #successfee #seekingelephants

[Peter Charles @Peter_Charles]

Every accountant knows when month and year end is coming, it is not clear why overtime should be required to cope #machinelearning #financetransformation #seekingelephants

[Peter Charles @Peter_Charles]

Running out of ingredients can harm sales. Running out of cash can kill the business. So sometimes we have to be prepared to run out of stock #cashflow #seekingelephants #cashisking

[Peter Charles @Peter_Charles]

Getting a sensible arrangement for success fees is always ferociously difficult. Why? #successfee #seekingelephants

[Peter Charles @Peter_Charles]

People say they really loved their work when they were working incredibly hard in a great team #teambuilding #seekingelephants

[Peter Charles @Peter_Charles]

Successfully hand over complexity to an artificial brain then the defence of ‘my business is special’ idea drops away #machinelearning #seekingelephants[

[Peter Charles @Peter_Charles]

Good team leaders spend their time removing the obstacles that block the team from succeeding. #teambuilding #seekingelephants