Get the most out of your business with financial Vendor Assist

Wouter Ingwersen
Wouter Ingwersen, TIC Advisory
November 5, 2024
Whether you are considering selling your business or simply want to optimize your financial processes, Financial Vendor Assist provides valuable insights that will help you run your business more efficiently and future-proof it.
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Business owners are constantly looking for ways to improve their operations and prepare for the future. Whether you have sales plans or not, Financial Vendor Assist provides in-depth insights into the financial health of your business.

It enables you to make strategic decisions that can increase the value of your business.

What is financial Vendor Assist?

Financial Vendor Assist is a service often used initially when preparing for a business sale. But even if there are no immediate sales plans, it can be a valuable tool for internal business operations.

It involves a comprehensive financial analysis of your business, analyzing key indicators such as EBITDA, working capital and profitability. By evaluating these financial data, you get a clear and objective picture of your business's current financial position. This is essential, not only for a future sale, but also for internal optimization.

The benefits

The main benefit of financial Vendor Assist is gaining insight into your company's financial performance. This allows you to identify inefficiencies and implement cost savings.

You can make improvements in operational processes, increasing efficiency and reducing costs. In addition, Financial Vendor Assist makes your business more transparent to investors and financiers, which can increase your chances of getting external financing.

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Prepared for future sales

While you may not be planning to sell your business anytime soon, Financial Vendor Assist can help you be prepared for a possible sale. This is very similar to Vendor Due Diligence (VDD), where potential buyers receive detailed financial information to make an informed decision.

By having a timely financial Vendor Assist analysis performed, you can provide potential buyers with a solid financial profile, speeding up the sales process and potentially increasing the final sale price.

Recurring revenue

Financial Vendor Assist also helps analyze customer behavior and recurring revenue. Through customer churn analysis, you can gain insight into why customers leave your business and what you can do to reduce it.

In addition, it provides insight into recurring revenue, which helps stabilize cash flow. This is critical for the long-term growth of your business and for increasing financial value in the event of a sale.

Strategic value even without sales plans

Whether you are considering selling your business or simply want to optimize your financial processes, Financial Vendor Assist provides valuable insights that help you run your business more efficiently and future-proof it.

By proactively having a financial analysis performed, your business stays competitive and prepared for any market changes or strategic opportunities. Financial Vendor Assist thus offers broad added value, whether or not there are sales plans.

Written by
Wouter Ingwersen, TIC Advisory

Wouter Ingwersen is Partner Financial Due Diligence at TIC Advisory, where he has a wealth of experience in mergers and acquisitions, with a focus on financial due diligence. Prior to joining TIC Advisory, Ingwersen worked in the Due Diligence department of RSM Transaction Advisory Services. Prior to that, he was part of EY. During his career, he has led and contributed to numerous large and complex (cross-border) transactions, focusing primarily on acquisition due diligence, vendor due diligence and financial modeling.

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