Finance & Operations Diagnostic

Gain clarity on what is holding your business back

Stronger financial visibility. Better processes. Clear priorities.

As businesses grow, financial and operational processes become more complex. Management reporting may no longer provide the visibility leaders need, controls can become inconsistent, and inefficient workflows can affect profitability, cash flow and decision-making.

MAGDIM Advisory’s Finance & Operations Diagnostic is a structured, independent management assessment designed to identify important gaps, uncover improvement opportunities and translate findings into practical recommendations.

Who is this service for?

Growing SMEs that need stronger financial visibility and management control.
Business owners and CEOs seeking an independent perspective on finance and operations.
Companies facing reporting delays, cash flow pressures or inefficient processes.
Organisations preparing for expansion, restructuring or operational transformation.
Businesses that need senior finance expertise without immediately hiring a full-time Finance Director.

What we assess

1. Financial Management & Reporting

Management information, reporting effectiveness, budgeting, forecasting and performance monitoring — with an emphasis on timely, relevant information for decision-makers.

2. Cash Flow & Working Capital

Cash flow visibility, liquidity planning, receivables, payables and working capital processes, within the agreed scope of the review.

3. Financial Controls & Risk

Selected approval procedures, reconciliations, accountability and control points that may affect financial accuracy and operational resilience.

4. Operational Processes & Efficiency

Key finance and operations workflows, including relevant order-to-cash and procure-to-pay activities, to identify bottlenecks, manual dependencies and process gaps.

5. Performance & Management Decision-Making

How financial and operational KPIs support business objectives, management accountability and practical decisions.

How the diagnostic works

1. Initial Consultation
We discuss your objectives, current challenges and priorities, and agree whether a diagnostic is appropriate.

2. Scope & Focused Review
We agree the assessment scope and review selected reports, information, processes and supporting documents, complemented by stakeholder discussions where relevant.

3. Findings & Recommendations
We identify important risks, control gaps and inefficiencies, then prioritise practical improvement opportunities.

4. Management Review
We present the findings, discuss recommendations and agree the most useful next steps.

What you receive

MAGDIM Management Diagnostic Report

Executive summary of the assessment.
Key financial, control and process observations.
Prioritised issues and improvement opportunities.
Practical, actionable recommendations.
Suggested 30/60/90-day management action plan.
Management discussion to review findings and priorities.

Duration & Investment

Typical duration: 5–10 business days, depending on the agreed scope, information availability and business complexity.

Indicative investment: €750–€1,500. The final fee, scope and deliverables are confirmed in a written proposal following the initial consultation. More extensive reviews and implementation support are quoted separately.

Why MAGDIM Advisory?

MAGDIM Advisory brings together senior-level financial management experience and hands-on expertise in operations, financial controls, process improvement and business transformation. Our approach connects financial performance with the processes behind it — helping leadership teams identify what needs attention and where improvement efforts should begin.

Independent perspective. Senior-level expertise. Practical business solutions.

What happens next?

The Diagnostic is valuable as a standalone management review. Where useful, MAGDIM Advisory can also support implementation through targeted process improvement, finance transformation or ongoing fractional finance leadership.

Scope note: This is a management advisory assessment, not a statutory audit, assurance engagement, bookkeeping service, legal or tax opinion, cybersecurity assessment, regulatory certification, valuation or forensic investigation.

Take the first step towards stronger financial and operational performance

Discuss your business challenges and explore whether a Finance & Operations Diagnostic is the right starting point for your organisation.

Book an Initial Consultation →

Identify financial risks. Improve operational efficiency. Make better business decisions.