Startups face diverse challenges in the area of finance
Young digital companies with successfully completed seed or Series A financing already go through a large number of development stages in the first growth phases - compared to organically growing companies - which creates a constant need for adaptation in all areas. These adjustments are naturally prioritized in the areas of sales, marketing or IT.
Finance is often neglected in this context, but the problems that arise quickly become apparent as growth occurs.
Typical challenges of
Startups in the finacial sector
- Lack of transparency about the actual financial status
- Inconsistencies between different systems
- Hardly any automation of commercial processes
- Insufficient investor & management reporting
- Problems in developing robust business plans
- Tax peculiarities of own business model
Our solution is:
Hands-on consulting for fast and individually adapted processes
Building a sustainable & scalable financial setup
Phase-appropriate development & automation of financial processes.
Access to broad network of tax advisors, software vendors. corporations, VCs & Startups
Our concrete services for Startups
Process and accounting support
- Preparatory accounting (document collection to pre-accounting)
- Organization & structuring of receipts, contracts, as well as office digitization
- Execution of release processes
- Management of payment transactions
- Training of the staff
Finance & Controlling Structuring
- Business Case Modelling
- Payment Solutions
- Receivables Management
- Controlling & Reporting
- Process Automation & Digitization
What our customers say about us
Pragmatic, reliable and entrepreneurial on all financial topics - and also a valuable sparring partner for our C-levels on non-financial topics. The cooperation with CoCo Finance was a real stroke of luck for our company.
How quickly CoCo Finance was able to familiarize itself with our complex financial processes made a lasting impression on me. Whether in setting up processes or reports - the operational and strategic support, coupled with financial expertise, from the very first hour was worth its weight in gold for us.
Since its foundation, CoCo Finance has supported us within the financial area and has been an important and reliable partner throughout all growth phases of the company.
Founder & CEO Talea
Managing Director wind