A structured, independent review of your finance function — what’s working, what isn’t, and what needs to change.
The Finance Function Health Check gives you an instant read on where your finance function stands. The Finance Function Assessment goes deeper — reviewing your documentation, interviewing your team, walking through your processes, and producing a structured findings report with evidence behind every observation.
It is the right engagement when the self-assessment has surfaced real gaps, when the business is preparing for a sale or acquisition, or when leadership needs an independent view of what is actually happening inside the finance function — and what needs to change.
This is not an audit. An audit looks back and reports on compliance. A Finance Function Assessment looks forward — it is a practical, improvement-focused review that works with your team to understand how the function operates, where the real constraints are, and what a better state looks like.
The self-assessment identified real weaknesses across one or more domains and you want a clear picture of scope and priority before acting.
Whether you are on the buy side assessing a target or preparing your own business for sale, an independent view of the finance function’s current state — and any gaps that need addressing before scrutiny arrives — is a sound investment before the process begins.
You have stepped into a new role and want to understand what you have inherited — not just the numbers, but the processes, controls, and team capability behind them.
Month-end is slow, audit findings keep coming back, or the reports aren’t trusted. The team knows something needs to change but hasn’t been able to break the pattern from the inside.
The engagement is structured to minimise disruption while getting the depth of information needed to form well-evidenced conclusions.
We agree on the scope, confirm the domains to review, and identify the key stakeholders. You prepare a short document list — trial balance, chart of accounts, close calendar, staffing — that we review ahead of the fieldwork.
Interviews with finance leadership and key process owners. Walkthroughs of core processes. Review of documentation, system configuration, and output. Timed to your pace and mindful of disruption to your team.
We consolidate the evidence, identify root causes, and build the findings register. Every observation is anchored in what we observed — not impressions and not performance assessment.
The findings report is delivered with a structured debrief to walk through the maturity rating, priority findings, and recommended actions. The debrief is a conversation — there is time to discuss, question, and refine before the final report is produced.
The assessment covers the components that determine how well the finance function actually operates — not just the numbers it produces.
Whether the chart of accounts is structured to support meaningful reporting, or whether it has grown in ways that create noise and ambiguity in the numbers.
The quality of balance sheet reconciliations, how aged items are managed, and whether leadership can rely on what the balance sheet is telling them.
The effectiveness of the close process — its consistency, timing, dependencies, and whether the outputs are trusted by those who use them.
Whether the controls that exist on paper are operating in practice, and whether there are gaps that create financial, compliance, or reputational exposure.
The finance function’s ability to meet statutory, regulatory, and tax reporting requirements — on time, with accuracy, and without creating risk.
Whether the team is structured for the complexity of the business, key person dependencies, and whether capability gaps are creating systemic risk.
How effectively the business is using its ERP and finance systems — and where manual workarounds are filling gaps that the system should be handling.
Every output is structured to be useful beyond the debrief — a working document, not a shelf piece.
A structured written report covering all observations across the seven domains, with evidence, root cause analysis, and recommended actions for each finding.
A domain-by-domain maturity rating that gives leadership a clear view of where the finance function stands — and where the most significant gaps are.
A sequenced set of recommendations that distinguishes quick wins from structural changes — so the business can begin acting on the findings immediately.
A structured walkthrough of the report with key stakeholders. Time to discuss, question, and refine conclusions before the final version is produced.
The assessment is a standalone engagement. But if the findings point to work that needs doing, Waypost can help with that too.
Where the assessment identifies a specific gap — a reconciliation process that needs rebuilding, a controls framework that needs designing, a chart of accounts that needs restructuring — we can scope and deliver focused remediation work.
Where the findings indicate systemic issues — a finance function that has not kept pace with the business, or that needs significant structural change, Waypost can support a broader transformation programme.
These are separate engagements, scoped after the assessment is complete. The assessment itself carries no obligation to proceed further and we will always tell you if we think a finding is one you can address internally.
A conversation to understand your situation, confirm the scope, and make sure this is the right engagement for where you are. Approximately 30 minutes.
Twenty-three questions. Five minutes. Instant results on screen — with a clear picture of what your finance function needs next.
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A short discovery call with Waypost can confirm priorities, scope, and whether a full Finance Assessment is the right next step for your business.