Commercial Management Consultants
In the construction and rail industries an in-house commercial function must provide financial insight and analysis to assist in sound commercial decision making.
Organisations may not always possess the range of disciplines they need to operate all the commercial management aspects that a project requires and this can introduce an array of financial risks.
Vantis can assist in this regard by supporting organisations at periods of peak resource demand or where an organisation simply does not employ or have access to individuals with a particular specialism. We are also able to provide resource to simply supplement the resources that are already available within an organisation’s commercial function working closely with the 'in-house' team.
Organisations may not always possess the range of disciplines they need to operate all the commercial management aspects that a project requires and this can introduce an array of financial risks.
Vantis can assist in this regard by supporting organisations at periods of peak resource demand or where an organisation simply does not employ or have access to individuals with a particular specialism. We are also able to provide resource to simply supplement the resources that are already available within an organisation’s commercial function working closely with the 'in-house' team.
Commercial Construction Management Services
Some key areas where we may be able to assist in the construction and rail industries are:
Interim Applications and Final Account Preparation
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The preparation of comprehensive applications and accounts can reduce the chances of a dispute arising and increase the likelihood of success for any future claims for payment. With our expert knowledge we can help with the creation and submission of interim applications or final accounts to aid prompt payment/settlements and thus significantly improve cash-flow either at the end or throughout the life of a project.
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Final Account Negotiation and Settlement
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We can assist with the process of negotiation, agreement and formalisation of final account settlements. A mismanaged settlement process can be costly, time consuming and even result in a formal dispute.
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Financial Management and Cash Flow Forecasting
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Sustainable business growth is directly related to an organisations ability to maintain a healthy cash flow. While most businesses monitor cash at the company level, this is rarely broken to managing cash flow at an individual project level. With our experience in financial management we can introduce defined processes into your business to improve a project’s individual cash-flow performance.
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Aged Debt Recovery
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Unpaid debts in the construction and rail industries remains all too common and when ignored can seriously damage an organisation's cash flow. Collection of aged debt requires a dedicated focus using dedicated resource which is often difficult for an organisation to maintain as project teams become dispersed in pursuance of the next project. We can analyse and manage your debtors and their associated contracts to prioritise and assist in cash collection.
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Commercial Management Assistance
Whatever commercial or financial support your business needs, we are confident that Vantis Construction Consultants can assist with your project.
For a initial discussion on your commercial management requirements: